The magazine of international economic policy.

From the Winter 2017 issue

What Are China’s Global Economic Intentions?

At Davos, Chinese President Xi Jinping announced that China would be the world’s new champion of globalization. Is President Xi being delusional, cynical, or forthright as developed economies turn toward more populist, inward-focused leadership?

Featuring comment by Hannes Androsch, Anders Åslund, C. Fred Bergsten, Kent E. Calder, Diana Choyleva, Richard N. Cooper, W. Bowman Cutter, Marek Dabrowski, Mansoor Dailami, Andrew DeWit, Barry Eichengreen, Mohamed A. El-Erian, Milton Ezrati, James K. Galbraith, James E. Glassman, Carla A. Hills, George R. Hoguet, Gary Clyde Hufbauer, Richard Jerram, Gary N. Kleiman, Hongyi Lai, Nigel Lawson, Kishore Mahbubani, K. Philippa Malmgren, Catherine L. Mann, Robert A. Manning, Joseph S. Nye, Jim O’Neill, William H. Overholt, Daniel H. Rosen, Il SaKong, Daniel Twining, Laura D’Andrea Tyson, and Friedrich Wu.

The Great Betrayal

How America’s elites are failing to confront the challenges of trade politics.

By William H. Overholt

How Trump Views Trade

It’s more than economics.

By James Pethokoukis

The Trade Debate (Continued)

But where to go from here?

By Richard Katz

Yellen’s Swan Song

The U.S. economy is in good shape.

By John M. Berry

How to Fix the Fed

The ineffectiveness of the U.S. central bank’s credit policy.

By John A. Tatom

Schumpeter and Keynes

Secular stagnation as seen by the Austrian school.

By Joachim Starbatty and Jürgen Stark

European Turnaround Plan

In this excerpt from their new book, Europe's Growth Challenge, economists Anders Åslund and Simeon Djankov lay out the steps for an additional one percent growth.

How Merkel Will Integrate a Million Refugees

Separating Trump fiction from the facts.

By Ursula Engelen-Kefer

The Case for Rejuvenating the G-20

The time to act together is now.

By Ludger Schuknecht

Trump’s Border-Adjusted Tax

How Europe would react.

By Clemens Fuest

A Case for a Border-Adjusted Tax

Not as bad as you think.

By Hans-Werner Sinn

From the Founder

Could the Trump Greenback Become a Problem?

By David Smick

Off the News

The passing of a friend: Hans Tietmeyer (1931–2016), and will Jared Kushner be the last man standing?