The magazine of international economic policy.

From the Summer 2011 issue

The Limits of Government Activism

And the role of risk, liquidity, and speculation in a thriving economy.

By Alan Greenspan

Why the Dollar Will Weaken Further

And without this decline, the U.S. economy is likely doomed.

By Martin Feldstein

Has Financial Globalization Peaked?

A leading economics journalist offers a look behind the curtain.

By Daniel Gross

Is Financial Globalization Beginning A Process of Reversal?

Is the era of financial globalization over, or at least about to begin a significant reversal?

A symposium of views

The Coming Multipolar World Economy

Is the developed world prepared?

By Justin Yifu Lin and Mansoor Dailami

Blundering to $300 Per Barrel

And the blame for the coming period of catastrophic energy price volatility will be widespread.

By Philip K. Verleger, Jr.

Natural Disasters

Economically speaking, are they net contractionary or stimulative events?

A symposium of views

Economy, Insure Thyself

In today’s era of natural disasters and economic crises, there is a better way to manage risk.

By Robert J. Shiller

Grand Bargain

Time for a second famous American dinner party.

By Ronald McKinnon

Getting to Yes on Trade

The first step is to establish an effective adjustment policy.

By James D. Robinson III

Dombret Speaks

An influential Bundesbank policy strategist offers his take on the IMF, hedge funds, the rating agencies, and the alleged design flaws in monetary union.

An exclusive interview

Angela’s Amateur Hour

After nearly wrecking monetary union through inaction, bumbling German Chancellor Merkel may have saved the eurozone despite herself.

By Klaus C. Engelen

The Eurozone Crisis and German History

The lessons of Versailles.

By Klaus F. Zimmermann

Only the Beginning

Europe's mess is even bigger than it looks. And the culprit? The euro itself.

By Milton Ezrati

Deception by the Boatload

The shocking rise of the Chinese navy.

By Brahma Chellaney

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