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May 20, 2013

Learning About Growth from Austerity

MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of high levels of public (and private) debt relative to GDP h…

U.S. Congressman Paul Ryan (R-WI) speaks in front of the "national debt clock" in New Hampshire, September 2012 (Brian Snyder/Courtesy Reuters.)

October 17, 2013

America the Reckless

MILAN--The world’s developed countries face growth and employment shortfalls, while developing countries are confronting huge challenges in adapting to increasingly volatile capital flows while adjus…

The statue of Grief and History stands in front of the U.S. Capitol dome in Washington (Kevin Lamarque/Courtesy Reuters).

November 22, 2013

What’s Stopping Robust Recovery?

MILAN – The growth map of the global economy is relatively clear. The U.S. is in a partial recovery, with growth at 1.5 to 2 percent and lagging employment. Europe as a whole is barely above zero gro…

People walk past screens at the bourse in Madrid, as they are reflected on the surfaces of tables (Andrea Comas/Courtesy Reuters).

March 24, 2016

Trade
Economics in a Time of Political Instability

This article was co-authored with David Brady, Deputy Director and Senior Fellow at the Hoover Institution and Professor of Political Science at Stanford University.  MILAN/STANFORD – Over the last …

German Workers Protest

April 15, 2013

Battleground Budget

MILAN – The world’s developed economies, of which the United States is by far the largest and systemically most important, face a range of difficult political and social choices. President Barack Oba…

House Budget Committee member Marsha Blackburn (R-TN) displays a copy of  U.S. President Barack Obama's FY2014 budget proposal on April 10, 2013 (Kevin Lamarque/Courtesy Reuters).