Since the summer of 2016, the global economy has been in a period of moderate expansion, with the growth rate accelerating gradually. What has not picked up, at least in the advanced economies, is inflation. The question is why.
September 14, 2017
Now that US President Donald Trump has been in office for six months, we can more confidently assess the prospects for the US economy and economic policymaking under his administration. And, like Trump’s presidency more generally, paradoxes abound.
August 05, 2017
With Emmanuel Macron’s defeat of the right-wing populist Marine Le Pen in the French presidential election, the EU and the euro have dodged a bullet. But geopolitical risks are continuing to proliferate.
May 10, 2017
US President Donald Trump’s first major legislative goal — to “repeal and replace” the 2010 Affordable Care Act (Obamacare) — has already imploded due to his naivete and that of congressional Republicans about the complexities of health care reform.
April 13, 2017
Donald Trump’s election as US president does not just represent a mounting populist backlash against globalization. It may also portend the end of Pax Americana — the international order of free exchange and shared security that the US and its allies built after World War II.
January 03, 2017
When Donald Trump defeated Hillary Clinton in the United States’ presidential election, the market’s immediate negative response was to be expected. But by the next day, the market’s downward turn had already reversed itself.
November 19, 2016
Now that Donald Trump has unexpectedly won the US presidency, it is an open question whether he will govern in accordance with his campaign’s radical populism, or adopt a pragmatic, centrist approach.
November 13, 2016