The magazine of international economic policy.

From the Fall 2010 issue

If the Chinese Bubble Burst…

Who globally would be most affected?

Off the News

Ugly facts and troubling statistics, U.S. real estate, and Larry Summers.

Japan’s Inexorable Decay

The exponential growth of political failure.

By William H. Overholt

The Myth of the Internationalization of the Chinese Yuan

Beijing’s real behind-the-scenes agenda.

By Chi Lo

Why China Shouldn’t Float

There is no market exchange rate solution for an immature creditor country.

By Ronald I. McKinnon

Restoring American Prosperity

A provocative new book attacks the myth of the “new normal” and argues why new stimulus is not the answer.

By Glenn Hubbard and Peter Navarro

America’s Saving Surprise

But what about our budget deficits?

By Martin Feldstein

Fixing America’s Housing Market

Current U.S. policy is befuddled.

By Joseph E. Stiglitz

In the Grip of China’s Bear Hug

Berlin’s big gamble with Germany’s economic future.

By Criton M. Zoakos

Gunfight at the ECB Corral

The question of who succeeds Jean-Claude Trichet.

By Klaus C. Engelen

The Eurozone’s Autumn Hangover

And the chance of a breakup.

By Nouriel Roubini

The EU’s Future

The argument for success lies in how much has been achieved in the last sixty years.

By Simon Serfaty

Death to Globalism

The former Reagan official’s surprising take on today’s “delusional” economics profession.

By Paul Craig Roberts

Ten-Thousand-Dollar Gold?

Why gold and reason are difficult to reconcile.

By Kenneth Rogoff

Can Emerging Markets Be the World’s New Locomotive?

We’re not there yet, says a leading expert.

By Desmond Lachman

Banking for the Poor

State-of-the-art financial offerings for the developing world.

By Ignacio Mas

From the Founder: A World of Exporters

But who’ll buy the world’s stuff?

By David M. Smick