Economics & Global Affairs

408 Items

Federal Reserve Chair Janet Yellen testifies before the House Financial Services Committee on Capitol Hill in Washington on Wednesday, July 12, 2017 (AP Photo/Jacquelyn Martin)

AP Photo/Jacquelyn Martin

Analysis & Opinions - The Washington Post

The Fed's Job is About to Become Much Harder

| Aug. 13, 2017

With Janet Yellen’s term ending in February, President Trump will have to nominate, and the Senate confirm, a new Fed chair in coming months. There will be much discussion of the merits and implications of various candidates for the job. But it will be important for the president and senators to begin by considering the challenges the next chair will face.

International Monetary Fund Economic Counsellor Maurice Obstfeld speaks at a news conference during the World Bank/IMF Annual Meetings on Tuesday, Oct. 4, 2016, at IMF headquarters in Washington. (AP Photo/Jose Luis Magana)

AP Photo/Jose Luis Magana

Analysis & Opinions - Project Syndicate

Recovery is Not Resolution

| Aug. 01, 2017

Earlier this year, the consensus view among economists was that the United States would outstrip its advanced-economy rivals. The expected US growth spurt would be driven by the economic stimulus package described in President Donald Trump’s election campaign. But the most notable positive economic news of 2017 among the developed countries has been coming from Europe.

In this Feb. 16, 2017 file photo, Argentine President Mauricio Macri talks during a news conference at the government house in Buenos Aires, Argentina. Macri's government defended on Tuesday, Feb. 21, an accord between the government and a company lead by his father over a debt acquired when the company ran the Argentine postal service. (AP Photo/Victor R. Caivano, File)

AP Photo/Victor R. Caivano, File

Analysis & Opinions - Project Syndicate

One Hundred Years of Indebtedness

| June 30, 2017

Gabriel Garcia Márquez, the Nobel laureate novelist most famous for One Hundred Years of Solitude, was native to Colombia. Nonetheless, as a master of magical realism, Garcia Márquez would have appreciated the Republic of Argentina’s recent combination of fact and fantasy. In mid-June, the finance ministry sold $2.75 billion worth of US dollar-denominated bonds that mature in one hundred years.

Budget Director Mick Mulvaney holds up a copy of President Donald Trump's proposed fiscal 2018 federal budget as he speaks to members of the media in the Press Briefing Room of the White House in Washington, Tuesday, May 23, 2017. (AP Photo/Andrew Harnik)

AP Photo/Andrew Harnik

Analysis & Opinions - The Washington Post

Larry Summers: Trump’s budget is simply ludicrous

| May 23, 2017

"Apparently, the budget forecasts that U.S. economic growth will rise to 3.0 percent because of the administration’s policies — largely its tax cuts and perhaps also its regulatory policies.  Fair enough if you believe in tooth fairies and ludicrous supply-side economics."

The New York stock exchange on Wall Street

Creative Commons

Analysis & Opinions - Project Syndicate

The Risks to America’s Booming Economy

| Mar. 29, 2017

The US has experienced a decade of excessively low interest rates, which have caused investors and lenders to seek higher yields by bidding up the prices of all types of assets and making risky loans. The danger is that overpriced assets and high-risk loans could lose value and cause an economic downturn.

Natalie Jaresko at the Harvard Kennedy School.

Benn Craig

News

Natalie Jaresko dicusses her time as Finance Minister of Ukraine with Harvard's Future of Diplomacy Project

| Dec. 21, 2016

Natalie Jaresko (MPP ’89), former Finance Minister of Ukraine, returned to Harvard on October 31st, 2016 to take part in the Future of Diplomacy Project’s international speaker series. In a public seminar moderated by Faculty Director Nicholas Burns, Jaresko, who currently serves as chairwoman of the Aspen Institute Kyiv, reflected on her time in office from 2014 to 2016. In her two years in office, the Ukrainian government  had to contend with the Russian annexation of Crimea, a national debt crisis, widespread governmental corruption, and political instability.

Blog Post - Views on the Economy and the World

Year-End Perspectives on the US & Global Economies

| Dec. 20, 2016

A year-end summing up of where we stand is harder than usual this time!I have recently spoken: on “Global Economic Challenges for Donald Trump,” (outline; slides: Ppt, pdf) on a panel at the American Enterprise Institute, Washington, DC, Dec. 5, 2016. Summary & video. And on “An Economy That Works for All Americans” (slides: ppt, pdf)  to the Bipartisan Program for Newly Elected Members of Congress, Institute of Politics, December 7, 2016. And  on “Trade and Inequality,” (slides: Ppt, pdf) at the  Providence Committee on Foreign Relations, Dec.

Panel: What does Brexit mean for Europe's security architecture?

Thomas Lobenwein

Report

Brave new world? What Trump and Brexit mean for European foreign policy

| Dec. 08, 2016

On 24 and 25 November 2016 experts from politics and academia, including FDP Executive director Cathryn Clüver, discussed the impact of Brexit on several policy areas in a series of workshops at the Hertie School of Governance in Berlin. All events took place under Chatham House rules.