Monday, November 21, 2016

  1. Trump’s Monetary Conundrum

    Nouriel Roubini

    Trump’s Monetary Conundrum

    12

     says the president-elect should favor a dovish Fed if he wants his fiscal policies to work.

    Newsart for Trump’s Monetary Conundrum Jason Connolly/AFP/Getty Images

    If the US Federal Reserve becomes too hawkish too soon, it will strengthen the US dollar, undermining Donald Trump’s stated goal of creating jobs and boosting incomes for his blue-collar base. Given his proposed fiscal expansion, Trump would be better off keeping Barack Obama's dovish appointees. READ MORE

  2. What Is the Pound Telling Us?

    Jim O'Neill

    What Is the Pound Telling Us?

    13

     says sterling will likely continue its post-Brexit decline, and policymakers should take note.

    Frankfurt stock market after Brexit vote Thomas Lohnes/Stringer

    The British pound appears to be broadly undervalued relative to the currencies of its major trading partners, judging by its performance since the UK's Brexit referendum in June. But policymakers should acknowledge that a weakening pound is only helpful, not sufficient, for rebalancing the UK's economy. READ MORE

  3. An Economic Ultimatum for the Arab World

    Marwan Muasher

    An Economic Ultimatum for the Arab World

    4

     says that unless Arab countries move away from rentierism, they risk another wave of uprisings.

    5 year anniversary of Arab Spring Fethi Belaid/Getty Images

    If Middle Eastern countries do not start making real progress on fundamental political and economic reforms, further regional turmoil is inevitable. With the region's decades-old rentier systems now at a breaking point, policymakers must begin the difficult, but not impossible, process of establishing new social contracts. READ MORE

  4. Straight Talk on Trade

    Dani Rodrik

    Straight Talk on Trade

    56

     thinks that economists are partly responsible for US President-elect Donald Trump's victory.

    Indonesia Samsung Factory Dimas Ardian/Getty Images

    Economists' zeal to defend trade from its enemies has backfired. If the demagogues making nonsensical claims about trade are now getting a hearing – and, in the US and elsewhere, actually winning power – it is trade's cheerleaders who deserve at least part of the blame. READ MORE

  5. What America’s Economy Needs from Trump

    Joseph E. Stiglitz
Fake news or real views Learn more
341 pages
341 pages

Commentaries available in 12 Languages