Robuta

The threat of all-out war between Iran and the United States may be receding for now. But the prospect of more US sanctions and the underlying economic...

PIIE fellows Olivier Blanchard and Jason Furman, as well as Angel Ubide, managing director at Citadel, and Maya MacGuineas, president of the Committee for a...

Carlo Bastasin calls on Greece to cut costs and regain its competitive edge-and for Europe to recognize the difficulties of market liberalization in Greece.

When Washington enacted its $787 billion stimulus bill in February with "Buy American" provisions, the law promised-at the urging of President Barack...

Nicholas R. Lardy assesses the factors that have caused China's currency to appreciate and its current account surplus to decline significantly.

Joseph E. Gagnon explains that recent weak data contributed to the Federal Open Market Committee's reluctance to curb its quantitative easing policies.

Morris Goldstein cautions that after G-20 leaders pledged to push for reforms in Toronto, there is a risk that countries will water down the measures needed to...

Lingering fallout from the debt crises in Argentina and Greece exposed serious flaws in the sovereign debt restructuring process: Small groups of creditors...

Yesterday, the Chinese government acknowledged what has long been apparent-that the renminbi is undervalued and that China's currency regime needs to be...

Edwin M. Truman argues that markets are concerned not only about a failure to raise the debt limit but also a failure to address US budget problems.

The Peterson Institute for International Economics (PIIE) and the Lee Kuan Yew School of Public Policy (LKYSPP) at the National University of Singapore...

The debate over the relative merits of multilateral trade liberalization and bilateral or regional agreements is raging again. Advocates of preferential deals...

Nicholas R. Lardy says that Obama's focus on Asia is not directed at China but rather at correcting American indifference to Asian concerns in recent years.

Morris Goldstein says the prospects for financial regulatory reform have improved greatly with Senate passage of a bill to rein in financial sector excesses.

Joseph E. Gagnon argues that current account imbalances in the major G-20 economies are likely to widen over the next few years, despite the public commitments...

C. Fred Bergsten says the US intention to engage with the Trans-Pacific Strategic Economic Partnership (TPP) could address concerns about the emergence of a...

Jeffrey J. Schott joined the Peterson Institute for International Economics in 1983 and is a senior fellow working on international trade policy and economic...

The Center for Economic Policy Research (CEPR) is challenging an op-ed in the Financial Times by Adam S. Posen, president of the Peterson Institute for...

Gary Clyde Hufbauer explains the facts supporting the Obama administration's legal action to stop Chinese export subsidies, but he says the impact of winning...

David J. Stockton says some central bank officials are still appropriately concerned about an inflation rate that has consistently fallen short of the Federal...

Marcus Noland says the latest escalation of threats from North Korea is consistent with past patterns, but the dangers of conflict have increased. Tomorrow: Is...

Adopting the mantle of Great Russian nationalism, President Vladimir Putin's speech in the Kremlin on March 18 offered a sharp break from his or any other...

The much-awaited G-20 summit in Pittsburgh was overshadowed by the surprise announcement of Iran's underground nuclear facility. But the summit was notable for...

Nicholas R. Lardy explains why the Chinese press reacted negatively to Secretary of State Clinton's recent trip but says it is too early to tell whether...

When celebrities such as Angelina Jolie or Bono highlight human tragedy to show that something can be done to alleviate it, the heart melts and the purse...

Nicholas R. Lardy says the United States will use the visit of Vice President Xi Jin Ping to assess where US-China relations are going in the next decade.

Adam S. Posen assesses the dangers to Scotland, the United Kingdom, Europe, and the world economy if Scotland decides to break away from the United Kingdom in...

We have just witnessed the latest round of North Korean brinkmanship: the display to American visitors at the Yongbyon nuclear site of an empty spent-fuel pond...

Marcus Noland, discussing his new book and blog on North Korea, says that the spreading illegal economy in the North is stoking popular dissatisfaction with...

C. Fred Bergsten suggests the United States bring China into leadership of the global economy at the highest level to deal more effectively with common...

China's economic data for the first quarter of 2010 brought long-simmering worries about overheating to a boil and was quickly followed by...

Michael Mussa, surveying the record of 10 American recessions since World War II, suggests that there is a good chance of recovery as early as the end of 2009.

The radical leftist party Syriza won the election in Greece on Sunday with 36 percent of the vote, propelled by a campaign demanding an end to tough austerity...

A recent visit to Paris and Berlin enabled me to view at first hand the historic conversion of Europe's financial system to the euro. The smoothness of the...

John Williamson concludes that European countries are sending the right signals to markets with their initial steps toward greater fiscal austerity.

Michael Mussa assesses the global trends in inflation but says that core inflation will remain low for a while in the United States despite rising commodity...

Jacob Funk Kirkegaard argues that Greece's balking at reforms sets such a bad example for Europe that contagion from a Greek default might be containable.

Jacob Funk Kirkegaard says that European outrage over US spying will affect trade negotiations and limit the ability of US internet companies to operate freely...

The newest assessment of the food situation in the North Korea by the FAO and WFP is likely to spark controversy. The UN agencies have been issuing joint...

Gary Clyde Hufbauer assesses what Canada and Mexico would seek in any NAFTA renegotiation and what the economic effects of any new labor standards introduced...

Key economic indicators show the US economy is well on the mend. But the Great Recession has left long-lasting scars, including higher government debt ratios...

Arvind Subramanian proposes an urgent negotiated accord among major economic powers to freeze the current trading system in place and avert more protectionism.

Gary Clyde Hufbauer explains why Pfizer wants to move its headquarters to London and what the United States should do about it: lower the US corporate tax rate.

Agricultural market liberalization is essential in achieving a successful Doha Round agreement because these are the most protected markets remaining in most...

Simeon Djankov says the European Union's decision to divert substantial funds away from Eastern Europe and toward the general migration budget could further...

William R. Cline and Simon Johnson debate the pros and cons of bank nationalization.

Jeffrey J. Schott says the Asia-Pacific Economic Cooperation (APEC) forum, which President Obama will attend in Singapore, offers an opportunity for him to try...

C. Fred Bergsten outlines the troubling risks posed by the economic policy rifts on display in Seoul between the United States and China, and between the...

Gary Clyde Hufbauer, assessing the Obama administration's latest corporate tax proposals, warns that they might actually cause more businesses to relocate jobs...

Quarterly profit announcements by Chinese banks this month have set off a national debate over whether the banking sector is excessively profitable. Criticisms...

Arvind Subramanian assesses the various strategies (along with their shortcomings) to persuade China to let its currency appreciate, concluding that...

Jeffrey J. Schott says carefully targeted sanctions could impede Iran's nuclear program and energy infrastructure, but they are unlikely to change Iranian...

Mohsin S. Khan, former director for the Middle East and Central Asia department at the International Monetary Fund, assesses the Persian Gulf countries'...

Michael Mussa assesses the pledge by G-20 countries in Toronto to move toward fiscal consolidation, despite pressure from the United States not to withdraw...

The Peterson Institute for International Economics hosted its semiannual Global Economic Prospects session on October 5, 2017. David Stockton, PIIE senior...

Gary Clyde Hufbauer says the rush to rescue auto industries worldwide may create inefficiencies, hurt consumers, and weaken the global trading system.

Last month, Park Nam-ki, the North Korean Workers Party Economic Policy Director, was reportedly executed for his role in the country's disastrous currency...

When Senator Daniel Patrick Moynihan of New York died in 2003, he left the largest single collection of personal papers ever given over to the Library of...

Simon Johnson sees more rough weather, a recession that could last years, and more need for urgent action by the United States and its global partners.

Nicholas R. Lardy says that the upcoming Strategic and Economic Dialogue will focus heavily on mutual charges of hacking and cyber espionage.

Marcus Noland, assessing North Korea's missile launch, says it likely strengthens Kim Jong Un's hand and proves Pyongyang's ability to withstand political,...

Morris Goldstein rates the performance of the US Treasury and the Federal Reserve as crisis managers and calls for broad changes in global financial...

Jacob Funk Kirkegaard says that after scaling back expectations, the climate summit will likely yield a political agreement to curb carbon emissions-making...

The announcement on August 15 that International Monetary Fund (IMF) Managing Director Christine Lagarde will visit Cairo on August 22 has created considerable...

Gary Clyde Hufbauer says the widely debated proposal to bring investment home from overseas might be a step in the right direction.

Last August, we reported on the fascinating entity that is the Songdowon International Youth Summer Camp. Located in Wonsan, it has been active for almost...

North Korea announced a surprise currency reform this week. The move isn't about good economics, however; it is yet another stratagem by the central...

It is now clear that the Doha Round of multilateral trade negotiations is in deep trouble. The overriding issue for the ministerial conference in Hong Kong...

Michael Mussa assesses the economic outlook in light of recent mixed developments, from the avoidance of default to uncertainty over growth prospects.

After Ukraine's extraordinary parliamentary elections on September 30, 2007, it took no less than two-and-a-half months to form a government, and it was...

The recent diplomatic attention to North Korea's nuclear ambitions should not distract us from a second, equally grim, problem posed by that country: its...

President Vladimir Putin turned Russia's parliamentary election into a referendum on himself-and won by a landslide. But while he refuses to spell out his...

Daniel Heller and Martin Chorzempa believe that policymakers need to create a regulatory framework for initial coin offerings.

Prime Minister Silvio Berlusconi's days look numbered, following the loss of his governing majority in the Italian parliament. He has pledged to the Italian...