The magazine of international economic policy.

From the Spring 2004 issue

Grading Bush’s Economic Team

The bad news: They’ve got few new ideas and fear too much being slapped down (the “Lindsey factor”). The good news: Josh Bolten is positioned to emerge and Snow’s been an improvement.

By Fred Barnes

Kerry’s Short List

Truth is, the Senator hasn’t relied much on economic advisers, but the new team emerging is heavily Clintonesque.

By Alan Murray

Bush’s Spectacular Failure

A former Clinton policy adviser argues the Bush team has failed miserably at global economic leadership.

By Jeffrey Frankel

Huh? A Surprising Success

First came the bursting of the Clinton bubble, then 9/11, then the accounting scandals and all the other shocks to the system. Who would have predicted such a vigorous U.S. recovery?

By R. Glenn Hubbard

Stuffed Shirts vs. ’Skins

An econometric critic tells how to predict the presidential race.

By Edward M. Graham

Is the Japanese Recovery for Real?

After all, for more than a decade Japan’s economy has experienced a series of false starts on the road to recovery. Is the current economic upswing for once the real thing?

A symposium of views

This Time It’s Different

Japan is poised for growth because for once its financial system is healthier.

By Richard Jerram

The New U.S.-Asian Dollar Bloc

And why Europe could end up the loser.

By Milton Ezrati

The Köhler Episode

The inside story on the surprise resignation of the IMF’s top man.

By Klaus C. Engelen

Exiting EMU

Not surprisingly, the Maastricht Treaty contains no exit procedures, but bailing out would not be that difficult.

By Brendan Brown

Chasing Yield

How the emerging market debt trading community is playing a dangerous game.

By Desmond Lachman

In Praise of Financial Plumbers

Want a formula for achieving developing economy success? Begin with sound, independent supervisors.

By John G. Heimann

India Rocks!

The global media fixate on China’s boundless future. India, the English-speaking democracy with a huge middle class, is a far better bet.

By Jon Thorn