This chapter draws attention to the potential of safeguards in a system with a variable geometry. Section 1 considers the benefits from…
The share of US residents who were born in Latin America and the Caribbean plateaued recently, after a half century of rapid growth. Our…
September 2023, Paper: "Industrial policy is experiencing a global resurgence. The governments of Brazil, the European Union, South Africa…
This paper employs high frequency transactions data on the world's two oldest and most extensive centralized peer-to-peer Bitcoin markets,…
Decades of low inflation led to widespread use of dollar-denominated financial instruments with fixed interest rates and long maturities.…
July 7, 2023, Opinion: "Scientific and technological innovation may be necessary for the productivity growth that enriches societies, but…
In the late 1980s, most of the world still associated Vietnam with resistance and war, hardship, refugees, and a mismanaged planned economy…
June 9, 2023, Opinion: "Despite the dire predictions that have accompanied the decline of global governance, less international cooperation…
Taiwan has inherent military value, and thus its fate will in large part determine the U.S. military’s ability to operate in the region. As…
2023, Book: "The following essays selected from my last three decades of writing illustrate a variety of perspectives on the nature of…