Understanding the USA

Stephen Roach compares the Trump Administration's haphazard industrial policy to the Chinese government's five-year plans

Stephen Roach compares the Trump Administration's haphazard industrial policy to the Chinese government's five-year plans

Shang-Jin Wei explains how India can turn recent setbacks into opportunities and extend its growth miracle

Shang-Jin Wei explains how India can turn recent setbacks into opportunities and extend its growth miracle

Michael Strain argues that US interest rate cuts this year will have to be reversed in 2026 as inflation re-accelerates

Michael Strain argues that US interest rate cuts this year will have to be reversed in 2026 as inflation re-accelerates

Colorado has a business profile of priority interest to New Zealand. MFAT explains how we are taking advantage of that

Colorado has a business profile of priority interest to New Zealand. MFAT explains how we are taking advantage of that

Kenneth Rogoff explains how the era of cheap money limited policymakers' ability to respond to future shocks

Kenneth Rogoff explains how the era of cheap money limited policymakers' ability to respond to future shocks

Dennis Snower warns that the end of the greenback's global primacy could trigger a panic-driven global economic re-ordering

Dennis Snower warns that the end of the greenback's global primacy could trigger a panic-driven global economic re-ordering

Desmond Lachman warns that valuations in the US are increasingly at odds with escalating geopolitical and economic risks

Desmond Lachman warns that valuations in the US are increasingly at odds with escalating geopolitical and economic risks

Nouriel Roubini expects a tech-driven growth boom in the US to outweigh the effects of stagflationary politics

Nouriel Roubini expects a tech-driven growth boom in the US to outweigh the effects of stagflationary politics

Stephen Roach thinks the outcome of the AI race between China and the US will likely come down to which government invests more in basic theoretical research

Stephen Roach thinks the outcome of the AI race between China and the US will likely come down to which government invests more in basic theoretical research

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

Shang-Jin Wei identifies areas where inter-regional cooperation can make up for the abdication of American leadership

Shang-Jin Wei identifies areas where inter-regional cooperation can make up for the abdication of American leadership

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Stephen Roach warns that the interplay between wars and tariffs is making a global recession increasingly likely

Michael Strain argues that a free-enterprise system is not merely a tool, as J.D. Vance has argued, but an end in itself

Michael Strain argues that a free-enterprise system is not merely a tool, as J.D. Vance has argued, but an end in itself

Kenneth Rogoff warns that US Republican policies will fuel inflation and drive up real interest rates

Kenneth Rogoff warns that US Republican policies will fuel inflation and drive up real interest rates

Aziz Huq sees no reason to believe the US has the capacity to commit to international trade agreements

Aziz Huq sees no reason to believe the US has the capacity to commit to international trade agreements