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Recent Economic Developments, the Productive Potential of the Economy, and Monetary Policy

The Honorable Jerome H. Powell, member of the Board of Governors of the Federal Reserve System, delivered the speech “Recent Econo...

Wedgetail · May 26, 2016
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Building on Asia's Strengths During Turbulent Times

Changyong Rhee, director of the Asia and Pacific department of the International Monetary Fund (IMF), delivered the speech “Buildi...

Wedgetail · May 26, 2016
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Academic Sources: Gartzke and Kroenig on “Nukes with Numbers”

In the last ten years, there has been an explosion of quantitative research on nuclear weapons. The basic structure of these model...

Wedgetail · May 26, 2016
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Can Globalization Still Deliver?

Dr. David Lipton, first deputy managing director of the International Monetary Fund (IMF), delivered the Institute’s sixteenth ann...

Wedgetail · May 24, 2016
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Trump to KORUS: Drop dead

The last time I checked in on Donald Trump, he was threatening to inflict on China “a depression the likes of which you have never...

Wedgetail · May 24, 2016
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Gravity and the Weight of the Fed’s Zero Lower Bound on Interest Rates

The Federal Reserve implemented its first rate hike last December. At that time, the Fed anticipated another four hikes in 2016 as...

Wedgetail · May 23, 2016
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North Korea: Back on the Terrorism List?

North Korea was placed on the US government’s list of state sponsors of terrorism in 1987. Its inclusion on the list was justified...

Wedgetail · May 23, 2016
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Brad Glosserman and Scott Snyder on Japan-Korea Relations

Last month, I had the pleasure of hosting both Scott Snyder (Council on Foreign Relations) and David Straub (Stanford’s Korea Prog...

Wedgetail · May 20, 2016
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The G-7 and the Global Economy

Adewale “Wally” Adeyemo, deputy assistant to President Obama and deputy national security advisor for international economics, del...

Wedgetail · May 19, 2016
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Academic Sources: Victor Shih at the Journal of East Asian Studies on Chinese Elites

With the 7th Party Congress coming to a close, some of the most significant outcomes are likely to relate to promotions and demoti...

Wedgetail · May 12, 2016
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North Korean Threats and Asset Markets. Again.

It has long been alleged that North Korea has the capacity to impose asymmetric damage on the financial markets of its neighbors t...

Wedgetail · May 11, 2016
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The European Union Continues to Lag on Banking Supervisory Transparency

Bank supervisors in the European Union have shown no improvement in publishing data on the institutions they supervise. In fact, s...

Wedgetail · May 10, 2016
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US Treasury Creates More Hurdles for Business Investment

US business investment—including research and development (R&D) outlays to create intellectual property—hasn't exactly sparkled in...

Wedgetail · May 10, 2016
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United Nations DPRK Needs and Priorities

Last week, Marc Noland walked through WFP/FAO food security report, and reports that North Korea might be entering a new phase of ...

Wedgetail · May 10, 2016
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Global Inequality: A New Approach for the Age of Globalization

Branko Milanovic, City University of New York, discussed his new noteworthy book, Global Inequality: A New Approach for the Age of...

Wedgetail · May 09, 2016
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Kim Jong Un Doubles Down I: The Opening Speech and the Central Committee Report

The two documents we have from the 7th Party Congress so far—Kim Jong Un’s opening speech and his report on the work of the centra...

Wedgetail · May 09, 2016
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Saudi Arabia’s Flawed National Economic Vision

Since 2014 Saudi Arabia has pursued a strategy to maintain market share in an oversupplied oil market, refusing to cut production ...

Wedgetail · May 06, 2016
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The Bank of Japan Turns Hesitant Once Again

After a strong effort to boost chronically low growth and inflation through aggressive monetary easing, Tamim Bayoumi and Joseph E...

Wedgetail · May 06, 2016
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Brexit Scenarios for June 24

Scenario 1: The UK Votes to Stay in the EU If UK voters decide to remain in the EU, the deal forged by Prime Minister David Camero...

Wedgetail · May 02, 2016
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Thinking About the Day after Brexit

Will they or won’t they? The question facing voters in the United Kingdom (UK) on June 23—whether or not to leave the European Uni...

Wedgetail · May 02, 2016