Inconvenient Truths About the US Trade Deficit
Reducing the US trade deficit requires Americans to save more or invest less. On their own, policies that open other countries’ markets to US products, or close US markets to foreign products, will not change the overall trade balance.
Uniting Against Malaria
Building a prosperous African economy that works for all will be impossible, unless the continent eradicates the diseases that continue to deplete its communities of their most valuable resource: healthy people. One such disease is malaria, which in many African countries knocks a percentage point off annual economic growth.
The Making of Macron
Relief and pride are the main emotions many French citizens are feeling after the first round of the French presidential election, in which Emmanuel Macron finished first. The composition of the electorate ensures that a second-round victory for the far-right candidate, Marine Le Pen, while technically possible, is highly unlikely.
Who Is Marine Le Pen?
Marine Le Pen almost certainly will not become president of France next month. But, simply by reaching the election's second round, she has transformed the face and psyche of France for a long time to come.
Liberalism in the Trenches
After a dizzying few months, in which Donald Trump’s young presidency threw the entire post-1945 global order into question, the geopolitical status quo appears to have reemerged. But this is no time for complacency: defenders of the liberal international order still need a comprehensive foreign-policy strategy.
How to Renegotiate NAFTA
With US President Donald Trump’s administration seemingly committed to its campaign promise to renegotiate the North American Free Trade Agreement, it is worth asking how the 23-year-old deal could be improved. In fact, it could be strengthened in several ways.
New Life for the SDR?
The rise of anti-globalization political movements and the threat of trade protectionism have led some people to wonder whether a stronger multilateral core for the world economy would reduce the risk of damaging fragmentation. If so, enhancing the role of the IMF's incipient global currency may be the best option.
The Coming Technology Policy Debate
Technological progress brings far-reaching benefits, but it also poses increasingly serious threats to humankind. With governments and citizens already struggling with the consequences of recent innovations – from job displacement to security risks – technology policy is likely to take center stage in the coming decade.
Dienstag, 25. April 2017