The magazine of international economic policy.

FROM THE LATEST ISSUE 

Dollar Fantasy?

What to make of the proposed Mar-a-Lago Accord and the U.S. dollar? Could a coordinated depreciation of the dollar in exchange for lowered tariffs on key economies—in the spirit of the 1985 Plaza Accord—be a more successful tariff endgame for Trump 2.0? More than thirty distinguished thinkers offer their views.

Featuring commentary by Anders Åslund, Robert D. Atkinson, Dean Baker, Lorenzo Bini Smaghi, William R. Cline, Tim Congdon, Ryan Ehlebracht, Ev Ehrlich, Heiner Flassbeck, Jason Furman, Joseph E. Gagnon, James K. Galbraith, Peter E. Harrell, Gary Clyde Hufbauer, Richard Jerram, Steven B. Kamin, Gary Kleiman, Anne O. Krueger, Jacques de Larosière, John Lee, Zongyuan Zoe Liu, Jim O’Neill, Eswar S. Prasad, Clyde V. Prestowitz, Douglas Rediker, William A. Reinsch, Neil Shearing, Mark Sobel, Marc Sumerlin, Makoto Utsumi, Stan Veuger, and Robert Zoellick.

Introducing the New G1

The new global economic order has begun. But will it last?

By Philip K. Verleger, Jr.

An Asian Currency Plan

The way to save free trade from Trump.

By Richard C. Koo

Will Crypto Save the Dollar?

Trump may have no other choice.

By Lucrezia Reichlin

An Old, Sick Cat and a Skinny Dog

Why the anticipated ferocious economic battle between China and the United States will never happen.

By Fuxian Yi

The End of Progress?

Everything and everybody’s for sale.

By Joseph E. Stiglitz

Why the West Is in Decline

With no alternative empire to carry the torch forward.

By Norman A. Bailey

Off the News

View from the Beltway

Peacenik Donald: Can he cut deals that are for real?

By Owen Ullmann

Letter from Berlin

Germany in crisis: Big trouble ahead for Team Trump?

By Klaus C. Engelen