States as Financiers: International Lending in War and Peace
States are major international financiers, but their role is poorly understood.
Research
Consumers or Workers First?
A well-functioning economy, say most economists, is one that provides a widening array of ever-more affordable goods and services.
‘There’s nothing consumers can do to hide’: Economist on impact of Trump’s Iran war
Jason Furman chaired the Council of Economic Advisors under President Obama. As the impact of Trump's Iran war hits home, Furman says consumer sentiment is "rock bottom incredibly sour."
The World Needs Europe to Get Its Act Together – Fast
If Europe is to assert itself on the global stage, as it should, it needs to restore its self-confidence.
China’s Lending to Developing Countries: From Boom to Bust
This paper provides a comprehensive overview of China’s lending to developing countries—a central feature of today’s international financial system.
“Reciprocal” Tariffs: What Are They Really For?
Claiming they would offset unfair foreign trade practices that cause chronic US trade deficits, President Donald Trump announced “reciprocal” tariffs on countries with large bilateral trade surpluses
Soft power delivers big returns, but Trump is slashing it any way
A health worker measured a child’s arm circumference on July 23 in Uganda. The child turned out to be severely malnourished.
Unmuting the message: Climate communication in a complex world
As climate change continues to escalate, the need for effective communication strategies has never been more critical.
Sovereign vs. corporate debt and default: More similar than you think
Theory suggests that corporate and sovereign bonds are fundamentally different, also because sovereign debt has no bankruptcy mechanism and is hard to enforce.
Driving Change: Women-Led Economics
For too long, Western institutions have shaped empirical research and policy recommendations. Authors based in developing economies have a far too small footprint in top economics journals.
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