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Will Iran’s Sanctions End? Iran’s Economic Potential and How US and EU...

After decades of international isolation, Iran is eager to enter its post-sanction era, while Washington is divided about Iran’s future and Brussels remains apprehensive. Recently, Peter Wittig, German...

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Russian Crisis Hits Latvia, but (So Far) Not as Badly as Feared

From the beginning, it was clear that the economic crisis in Russia would pose multiple problems for Latvia and its Baltic neighbors. Until recently, many businesspeople in Latvia had seen close trade,...

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A Look Behind the Trans-Pacific Partnership Talks

Despite obstacles, the White House continues to push preferential trade deals in Asia and Europe. But neither can reverse the erosion of U.S. innovation and in Asia Pacific the proposed pact has...

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Growing Wage Dispersion Increases Income Inequality

In the past five years, concerns about increasing income inequality have been at the center of economic policy debates. There is one area though that has remained relatively unexplored. This is the...

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When it comes to fiscal policy, it’s better to save for a rainy day than to...

While pro-cyclical fiscal policies – ie. expansionary fiscal policies in booms and contractionary fiscal stances in downturns – remain a common feature among developing countries, some countries have...

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What’s on China’s Mind?

During my recent visit to China I’ve given a few lectures at the top Beijing universities – Tsinghua, Renmin, Normal, and Beijing – and seminars in some think-tanks and research institutes, including...

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The Xi-Modi Meeting: China and India Positioned for Asian Era

China and India are ready for breakthrough diplomacy that has the potential to reorder the face of Asia, while supporting global growth prospects. From May 14th to 16th, India’s Prime Minister,...

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If Greece Had Not Existed, Europe’s Leaders Would Have Had to Invent It

δεῖ δ’ αὐτὸν ἐς φάρμακον ἐκποιήσασθαι – He must be chosen from among you as a scapegoat. Hipponax One of the more intriguing aspects of the whole modern Greek drama is the tragicomic way the country...

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