Thursday, February 23, 2017
  1. China’s Weapons of Trade War

    Keyu Jin

    China’s Weapons of Trade War

    8

     shows why Donald Trump's protectionist threats, if implemented, would backfire on the US economy.

    Hubei province Honda factory STR/Stringer
    China exports more to the US than the US exports to China, and that makes Donald Trump furious. But with the Communist Party’s 19th Congress set to take place in Beijing this year, Chinese leaders are unlikely to yield to US pressure. READ MORE
  2. Making Crises Great Again

    Jeffrey Frankel
  3. Putting Asia’s Savings to Work in Asia

    Andrew Sheng, ET AL

    Putting Asia’s Savings to Work in Asia

    & 3

    &  ask why financial institutions fail to pursue high-return investments within the region.

    Hong Kong Marco Wong/Getty Images
    For more than three decades, Asia has been exporting its savings, through a trade surplus with the US, and re-importing them, in the form of foreign-direct and portfolio investment via New York and London. That process makes little sense, especially at a time when higher returns on investment are available within Asia itself. READ MORE
  4. Trump the Reluctant Multilateralist

    Barry Eichengreen

    Trump the Reluctant Multilateralist

    2

     wonders whether the US president's apparent about-face on NATO will apply to other organizations.

    WB headquarters DC Brooks Kraft
    US President Donald Trump did not take office as a committed multilateralist. But even a president committed to putting “America first” now seems to recognize – at least with respect to NATO – that a framework through which countries can pursue shared goals is not a bad thing. READ MORE
  5. The Financial Education of the Eurozone

    Christopher Smart

    The Financial Education of the Eurozone

    20

     shows how bank and financial-market interdependence can be a source of resilience for the eurozone.

    Penone sculpture at ECB Horacio Villalobos/Getty Images
    Europe’s leaders will confront many challenges this year, but they will also have an opportunity to strengthen their battered union. If they can restore the banking sector's credibility, and further integrate the banking union and capital markets, 2017 might turn out to be a better year than anyone expected. READ MORE
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346 pages
346 pages

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