Understanding the USA

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

Nouriel Roubini expects financial and economic forces to constrain Trump's worst impulses

Nouriel Roubini expects financial and economic forces to constrain Trump's worst impulses

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession

Stephen Roach thinks the US pursuing a global minimum tariff while also penalising China increases the risk of a global recession

Carl Bildt considers the implications of a US retreat from global leadership and open trade

Carl Bildt considers the implications of a US retreat from global leadership and open trade

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

A year after it warned them, Moody's Ratings has downgraded the US Government credit rating after things got worse, in a move that will put upward pressure on benchmark bond yields

David Mahon says China is responding to the US tariff war by focusing on its internal challenges while strengthening new alliances with the economic refugees of the fragmenting global order

David Mahon says China is responding to the US tariff war by focusing on its internal challenges while strengthening new alliances with the economic refugees of the fragmenting global order

Sergei Guriev explains what it will take to accommodate scholars and students looking for academic homes outside the America

Sergei Guriev explains what it will take to accommodate scholars and students looking for academic homes outside the America

Woo Wing Thye thinks cooperative multilateralism can mitigate the worst effects of the superpowers' tariffs on other countries

Woo Wing Thye thinks cooperative multilateralism can mitigate the worst effects of the superpowers' tariffs on other countries

Harold James observes that past efforts to link trade, monetary policy, and security merely proved ineffective

Harold James observes that past efforts to link trade, monetary policy, and security merely proved ineffective

Nouriel Roubini thinks the US economy is positioned to outperform over the medium term, despite the current destructive policymaking

Nouriel Roubini thinks the US economy is positioned to outperform over the medium term, despite the current destructive policymaking

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk

Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk