The magazine of international economic policy.

From the Summer 2016 issue

Future Surprises That Could Shock the World

International conventional wisdom always seems unaware of the big changes about to unfold. Ten years ago, who would have predicted surprise developments such as negative interest rates or the potential breakup of the European Union? TIE asked more than fifty top thinkers to look ahead ten years at what outside-the-box developments could shock the world.

Featuring comment by Henry J. Aaron, Hannes Androsch, Anders Åslund, Stephen Axilrod, Norman A. Bailey, Dean Baker, Jared Bernstein, Reuven Brenner, William E. Brock, Diana Choyleva, Bernard Connolly, W. Bowman Cutter, Marek Dabrowski, Mansoor Dailami, John M. Deutch, Andrew DeWit, Everett M. Ehrlich, Mohamed A. El-Erian, Heiner Flassbeck, Benjamin M. Friedman, Takeshi Fujimaki, Adam Garfinkle, Deborah Gordon, R. Glenn Hubbard, Gary Clyde Hufbauer, Martin Hüfner, Harold James, Richard Jerram, David M. Jones, Gary N. Kleiman, Lawrence J. Korb, Desmond Lachman, Hongyi Lai, Martin C. Libicki, Chong-Pin Lin, Michael Lind, Edward N. Luttwak, Dan Mahaffee, Robert D. McTeer, Kevin G. Nealer, Douglas H. Paal, Rudolph G. Penner, Daniel Pipes, Philippe Riès, Matthew Rojansky, Yoshihiro Sakai, Derek Scissors, Miroslav Singer, Dan Sneider, Stan Veuger, Mike Wackenreuter, and Peter J. Wallison.

China Didn't Take U.S. Jobs

My reply to Adams Nager.

By Richard Katz

Does China Have a Debt Problem?

Yes and no, says a leading expert.

By Chi Lo

A Brexit Lesson: Is a Single Currency Not Worth the Gamble?

In less than fifteen years, Europe’s baby boomers will try to collect pensions from the children they didn't have.

By Hans-Werner Sinn

Surprises, Shocks, and Upheavals

For German Chancellor Angela Merkel, they are coming faster than ever.

By Klaus C. Engelen

My Plan to Save the World

Leading economist Richard Koo of Nomura Research Institute sat down with TIE founder and editor David Smick to discuss balance sheet recessions and what policymakers need to do to rescue their economies. Koo's most recent book is The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy

An exclusive interview

The Case for Global Realism

An assessment of the Mahbubani-Summers thesis.

By Hilton L. Root

Low Rate Conundrum

The policy significance of today’s low interest rates.

By John M. Berry

Central Bank Perversity

The downside to aggressive monetary policy.

By Charles Wolf Jr.

We note with sadness the passing of Dr. Wolf on October 24, 2016. He was a regular contributor to TIE for nearly three decades. Please read more at "Charles Wolf Jr. Dies at 92; Founding Dean of RAND's Graduate School Pioneered Modern Policy Analysis" and "Remembering a mentor: Charles Wolf, Jr."

The Five Forces That Affect Prosperous Nations

Author Todd Buchholz talks with TIE's David Smick about his latest book, The Price of Prosperity.

An exclusive interview

Letter from Japan

The Frog in the Boiling Water: Japan struggles to free itself from nearly a quarter-century of stagnation and deflation.

By Barry D. Wood

Off the News

Measuring innovation, India's secret weapon, shrinking populations, and global growth through the ages.