Foreign Policy Blogs

Economics

Syriza’s Haphazard Reforms Leave Greeks Suffering

Syriza’s Haphazard Reforms Leave Greeks Suffering

In 2016, Grexit—the issue that was once billed as “existential” for the EU—was barely mentioned across European media. Sometimes, no news is not good news.

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Iran’s Delicate Balancing Act

Iran’s Delicate Balancing Act

Simultaneously courting the West and expanding its influence beyond its borders could work in the short-term. But in the short-term only.

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Why We Should Not Abandon Saudi Arabia

Why We Should Not Abandon Saudi Arabia

Beset by challenges ranging from the collapse in oil prices, to the spreading instability in the region, to criticism from its longtime allies in the United States, Saudi Arabia is facing its most difficult test in decades. But the kingdom has the means to overcome these difficulties, and also has the will to seize a unique opportunity to carry out important reforms.

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Greece’s Forgotten Recovery

Greece’s Forgotten Recovery

After negotiations between the Greek government and the Troika finally came to an end last August, the gaze of the world drifted away from Athens.

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Industry Must Be Part Of The Solution At COP21

Industry Must Be Part Of The Solution At COP21

In the U.S., any discussion involving climate change tends to deteriorate into an argument between two factions—those who feel that climate change is a very real threat to the planet, and those who say it is nothing but a scare tactic.

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Ben Bernanke’s Monetary Policy: Bubble Double Toil and Trouble ?

Ben Bernanke’s Monetary Policy: Bubble Double Toil and Trouble ?

Bernanke’s speech back in 2002 can help shed some light on the question of how asset prices have been taken under consideration in the past by the Fed. It also helps explain how these prices will affect monetary policy in the future.

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Can Business Help Build International Harmony?

Can Business Help Build International Harmony?

The United Nations Global Compact Says, “Yes, Indeed!”
By John Paluszek
Is “Business For Peace” a non-sequitur? Not at all, especially  for all who participated in the United Nations Global Compact’s “Business For Peace” launch event during the Compact’s mid-September “2013 Leaders Summit” in New York City.
The two-day Summit — with some 1,500 …

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Mining Continues to Polarize

Mining Continues to Polarize

As old as Cortez and colonialism, the quest to satisfy modern appetites underlines economic scarcity and, increasingly, political instability. Mining in less-mature economies runs the same risks as its fossil fuel cousins.
Over several days in late May, protestors in Kyrgyzstan cut off power to its Kumtor gold mine, vital …

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Rich Debates

Rich Debates


As questions of economic inequality elbow their way from the classroom to the headlines of the evening news, the question of tax has become ever more prescient. It was also the topic of the latest installment of the Munk Debates. The simple question was put forward as “be …

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“Keynes v. Hayek,” or “Keynes/Hayek”?

“Keynes v. Hayek,” or “Keynes/Hayek”?


Nicholas Whapshott’s 2011 book Keynes Hayek: The Clash That Defined Modern Economics, is a useful primer for those looking to understand the careers and philosophies of the two foundational economists. Perhaps its most striking insight is that neither seemed as absolute about the fact that his philosophy …

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Three Flops That Make Leon Panetta Sad

Three Flops That Make Leon Panetta Sad

Some of the provisions in 2011 Budget Control Act, meaning the failure of the 2011 “supercommittee” to find $1.2 trillion in cuts, are sweeping the media back into a fury of preemptive Armageddon terror.  The rapidly approaching sequestration (a procedure by which automatic spending cuts are implemented)–which will hit …

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Guest Post: Promethean Op-Ed

Guest Post: Promethean Op-Ed

By Jim Wynn
Unemployment is currently a burning issue in this country as it is across the globe. Discussions about how best to create jobs feed our headline news fuel fierce political debate and will be a key factor in determining the outcome of our presidential election in November.
Although unemployment in the …

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By the People and for the People – A New Approach to the U.S. Federal Budget!

By the People and for the People – A New Approach to the U.S. Federal Budget!


One of the primary responsibilities of any government is the management of the public purse: the government budget and the national debt.  As developments in Europe demonstrate, bad management of government expenditures could lead to financial collapse and government default.  Although the U.S. is in a much …

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The Second Coming of State Capitalism and its Challenge to the Washington Consensus

The Second Coming of State Capitalism and its Challenge to the Washington Consensus

One thing history has consistently taught us is that paradigms shift and new eras are born in a repeating cycle that’s as old as hills. One thing history has also taught us is that some shifts are far more epochal than others; some have the capacity to distort the pathway …

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Tracing the Contours of North Korea

Borderline: North Korea from Emphas.is on Vimeo.
Tomas Van Houtryve, an award-winning documentary photographer, is creating a book of photographs made in the shadow of North Korea. Van Houtryve’s book, due out this year, has been a long-term, painstaking project. Writes philosopher Tzvetan Todorov in the book’s …

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