October 9, 2023
There is rising interest in reforming the World Bank and the International Monetary Fund. Agreeing on what needs to be done and pushing it through is not easy.
July 18, 2023
Increases in U.S. interest rates driven by market perceptions of more hawkish Fed policy have especially adverse spillovers on emerging and developing economies
September 24, 2021
Countries benefit from increasing international trade and financial flows. But interconnectedness can make them vulnerable to economic shocks originating abroad.
May 19, 2019
Maury Obstfeld and Michael Klein discuss the interactions between the global economy and economic performance in the United States.
August 22, 2018
The Turkish lira lost 40% of its value since the start of 2018. Conditions for the crisis are homegrown, but a political fight with the U.S. have made it worse.
June 3, 2018
Oil prices in May, 2018 were 50 percent higher than they were in 2017. While some blame Saudi Arabia and OPEC, the economic crisis in Venezuela and the U.S. withdrawal from the Iran nuclear deal have contributed to rising oil prices.
September 29, 2017
The size of global current account surpluses and deficits decreased in the wake of the Great Recession but has since rebounded, albeit not to the same extent.
June 2, 2017
The US dollar got stronger in the wake of the 2016 election. But the dollar has since declined in value. As has the interest rate on 10-year Treasury Bills.
April 6, 2017
If the U.S. implements Speaker Paul Ryan's corporate tax reform proposal, America’s trading partners can – and probably will – retaliate.