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Clemens Graf von Luckner

Clemens Graf von Luckner

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Clemens Graf von Luckner is an economist at the World Bank.

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  1. roach140_Anna MoneymakerGetty Images_fed dollar Anna Moneymaker/Getty Images

    Wrong on the Dollar – for Now

    Stephen S. Roach

    After a 9% decline in the second half of 2020, the broad dollar index – the real effective exchange rate as calculated by the Bank for International Settlements – has gone the other way, soaring by 12.3% from January 2021 through May 2022. And yet the deterioration of the US current-account balance has continued.

    revisits his predicition in 2020 of a dollar crash and explains why he got it perfectly wrong.
  2. palacio133_Eduardo ParraEuropa Press via Getty Images_natomadridsummit Eduardo Parra/Europa Press via Getty Images

    Reawakening NATO

    Ana Palacio

    No single summit can resolve NATO’s deficiencies and meet its lofty goals, from reaffirming shared values to enhancing resilience, especially with a conventional conflict raging on its eastern doorstep. But the Madrid summit can – and must – lay the foundations for a more united, robust, and revitalized alliance.

    hopes that the upcoming summit in Madrid will cement the Alliance's newfound unity and resolve.

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