This paper studies sovereign debt relief in a long-term perspective. We quantify the relief achieved through default and restructuring in…
The Consequences of Greece’s Impending Breakdown. Lawrence Summers, June 20, 2015, Opinion. "When, as now appears likely, Greece…
Greece is Europe's Failed State in Waiting. Lawrence Summers, June 20, 2015, Opinion. "When, as now appears likely, Greece financially…
No-one is optimistic about the Eurozone’s prospects. This column highlights the major
causes of the Eurozone crisis, highlighting that many…
U.S. President Barack Obama is still pressing to obtain Trade Promotion Authority and use it to conclude negotiations for the Trans-…
The Chimera of Currency Manipulation. Jeffrey Frankel, June 10, 2015, Opinion. "US President Barack Obama is still pressing to obtain Trade…
Policy Surveillance in the G-20 Fossil Fuel Subsidies Agreement: Lessons for Climate Policy. Joseph Aldy, June 8, 2015,…
Why Is U.S. Economic Growth So Disappointing?. Elaine Kamarck, June 8, 2015, Opinion. "First, the stark May 29 headline in The Wall Street…
Amartya Sen: The Economic Consequences of Austerity. Amartya Sen, June 4, 2015, Opinion. "On 5 June 1919, John Maynard Keynes wrote to…
America's Next Economic Crisis? Martin Feldstein, June 4, 2015, Opinion. "The u.s. economy has, by and large, recovered from the…