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Charles A. Kupchan

Charles A. Kupchan

4 commentaries

Charles Kupchan, a member of the National Security Council under President Bill Clinton and President Barack Obama, is Professor of International Affairs at Georgetown University, Senior Fellow at the Council on Foreign Relations, and the author of Isolationism: A History of America’s Efforts to Shield Itself from the World.

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  1. op_schauble6_YANNSCHREIBERAFPviaGettyImages_ecbcovid Yann Schreiber/AFP via Getty Images

    Are We Risking a Debt Pandemic?

    Wolfgang Schäuble

    Even in a crisis as grave as the COVID-19 pandemic, money is not a panacea, and borrowing makes sense only if it is carried out prudently and reasonably. Otherwise, states will jeopardize their long-term financial flexibility, price stability, and competitiveness.

    worries that monetization of pandemic-related government borrowing will boost inflation and erode competitiveness.
    4

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