NEWPORT BEACH – Some two years into Egypt’s grass-roots revolution, the country’s economy is in a worrisome downward spiral. A growing numbe…

NEWPORT BEACH – After years of tweaks, Japan has now initiated a major shift in its policy paradigm, with reactions ranging from great optim…

NEWPORT BEACH – What is the most urgent economic priority shared by countries as diverse as Brazil, China, Cyprus, France, Greece, Iceland, …

BARCELONA – In recent months, the dichotomy between booming financial markets, on the one hand, and sluggish economies and dysfunctional pol…

NEWPORT BEACH – After instant and seemingly coordinated fanfare in Europe and the United States, the proposal for a European Union-US free-t…

NEWPORT BEACH – Facing a turbulent political situation and recurrent street protests, Egypt’s political elite would be well advised to focus…

NEWPORT BEACH – Not many countries nowadays seek a strong exchange rate; a few, including systemically important ones, are already actively …

NEWPORT BEACH – Watching America’s leaders scramble in the closing days of 2012 to avoid a “fiscal cliff” that would plunge the economy into…

NEWPORT BEACH – In a four-day period in mid-December, three seemingly unrelated developments suggested that modern central banking is in the…

NEWPORT BEACH – I was nine years old when Egypt entered what became known as its “war of attrition” with Israel. During this period of “no w…

NEWPORT BEACH – Two variants of financial crisis continue to wreak havoc on Western economies, fueling joblessness and poverty: the one that…

NEWPORT BEACH – It sounded like a really clever idea: Use a very public and sizeable threat to get bickering politicians to collaborate and …

NEWPORT BEACH – What if members of the United States Congress, now returning from their summer recess, were to receive a “back to school” le…

NEWPORT BEACH – The conventional wisdom about the November presidential election in the United States is only partly correct. Yes, economic …

NEWPORT BEACH – When it comes to describing Europe’s ever-worsening crisis, metaphors abound. For some, it is five minutes to midnight; for …

NEWPORT BEACH – Six internal factors suggest that the United States’ economy is slowly healing. For some observers, these factors were deeme…

SEATTLE – Greece is following the road taken by several other crisis-ridden emerging economies over the past 30 years. Indeed, as I argued e…

FRANKFURT – On a recent trip to Germany, I was struck by two distinct narratives. One narrative features a robust German economy with low un…

NEWPORT BEACH – The international community risks settling for second best on two key issues to be discussed this month at global meetings i…

NEWPORT BEACH – The United States has gone through an arduous period of intervention and rehabilitation since the global financial crisis in…

NEWPORT BEACH – Let me set the scene: an increasingly discredited economic policy approach gives rise to growing domestic social and politic…

NEWPORT BEACH – A year ago, Egyptians of all ages and religions took to the streets and, in just 18 days of relatively peaceful protests, re…

NEWPORT BEACH – More than three years after the global financial crisis, the world still has a nasty plumbing problem. Credit pipes remain c…

NEWPORT BEACH – A new economic order is taking shape before our eyes, and it is one that includes accelerated convergence between the old We…

NEWPORT BEACH – The sense of uncertainty prevailing in the West is palpable, and rightly so. People are worried about their futures, with a …