Recent Posts

The Brexit deal is just too good for Europe

If the British parliament throws out the deal that Prime Minister Theresa May’s government has negotiated with the European Union (EU), it will be most regretted in Brussels, because the deal in its existing form essentially insulates Europe from most of the Brexit fallout. There’s a reason Donald Tusk, the European Council president, hurried to call a meeting of EU ...

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China stimulus efforts are falling for good reason

China’s vaunted economic managers aren’t infallible — and they’re currently making a familiar mistake. They are trying to accomplish too many objectives simultaneously, many of which conflict with each other. Instead of engineering a recovery, the resulting confused policy mix is only feeding a growing feeling of uncertainty among Chinese markets, businesses and households. That will continue to depress growth ...

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Trump isn’t the global economy’s only challenge

The world’s policy makers need to disentangle their feelings about Donald Trump from their efforts to address the challenges facing the global economy and US-Asia relations. It’s a tall order, but there are signs that they might be making progress. Over the past year, I’ve been to a lot of conferences where everyone was focused on Trump and the disruptions ...

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