Comment

The history of the 1980's is worth bearing in mind as we consider the potential global impact of the enormous tax cuts enacted by Trump and congressional Republicans last December. A column by Hans-Werner Sinn.

The Trump administration should make it clear to the Chinese that the US would end its tariffs if the Chinese stopped stealing American firms’ technology. A column by Martin Feldstein.

Three Scenarios have emerged as most likely. None of them involve a resolution in the very near-term. A column by Ethan Cramer-Flood.

While Russia’s annual growth rate is stuck at an anemic 1.5%, the annual civilian, legal, and other related costs of its military aggression are now at least 3-4% of GDP – or $45-60 billion. A column by Anders Åslund.

China's leadership should take Trump’s recent escalation as an opening to end the trade war, initiating a ceasefire that will enable the real peace negotiations to begin. A column by Minxin Pei.

Any effort to undermine international trade – a leading engine of global economic growth since the end of WWII – will inevitably impose high costs on everyone. A column by Anne O. Krueger.

If China had a sustainable growth model underpinning a highly efficient economy, it might be able to afford a moderate arms race with the US. But it has neither. A column by Minxin Pei.

The US can and should greatly step up financial and logistical aid to help neighboring states deal with the overwhelming refugee problem. A column by Kenneth Rogoff.

Lehman Brothers’ collapse revealed a flaw not just in finance, but in twenty-first-century politics and society: technologically driven short-termism. A column by Harold James.

A marriage of convenience between surplus and deficit countries eventually blossomed into codependency. Now, frictions have intensified and might lead to a full-blown trade war. A column by Stephen S. Roach.

The evidence is that Quantitative Easing can play a positive stabilization role. If there are negative side effects, these are best addressed not by central banks but by other policy makers. A column by Barry Eichengreen.

As soon as long-term rates will rise, the present value of future corporate profits will shrink and investors will have an alternative to equities. The result will be a decline in share prices. A column by Martin Feldstein.