Desmond Lachman, Brad Setser and Antonio Weiss have written a strong analysis of the Puerto Rico situation. If ever there was a disconnect between underlying reality and what is happening in financial markets, it is the boom in Puerto Rican debt which has nearly doubled the value of some of its debt securities over the last few months. READ MORE
April 26th, 2018
March 26th, 2018
Is there any other way besides tariffs — and potentially a trade war — to get China to play fair on trade? David Greene interviews Summers for his insight on NPR’s Morning Edition.
Donald Trump has put aggressive trade policy at the centre of his approach to the economy. No other economic subject has received such sustained presidential attention or generated so much controversy.
This is problematic as most economists agree that changes in trade policy are unlikely to have a... read more