International Selection

Above all, Donald Trump needs to cooperate with Congress, just as Reagan and Clinton did. If he does that, he could turn his presidency around and leave a positive legacy. A column by Michael J. Boskin.

The US ran trade deficits with 101 countries in 2016 – an imbalance rooted in America’s chronic domestic saving problem. The fix for this problem cannot be made in China. A column by Stephen S. Roach.

It is difficult to explain why central banks continue to insist that unconventional monetary-policy measures are still needed. A column by Daniel Gros.

The unsolved murder case of Pavel Sheremet casts an unfavorable light Ukraine. The EU ought to put pressure on Kyiv. A column by Nina Ognianova.

Congress should enact a tax reform serving to increase capital formation and growth. Any resulting increase in the budget deficit will be only temporary. A column by Martin Feldstein.

With the US economy now enjoying a solid recovery, the best approach may be to move faster toward normalizing debt policy, i.e. to consider borrowing at longer horizons. A column by Kenneth Rogoff.

There is a clear risk that a decade of excessively low interest rates will cause a collapse of asset prices and an economic downturn. A column by Martin Feldstein.

Creating a fiscal union without a political union would forever block the road to unification and set the people of the EU against one another. A column by Hans-Werner Sinn.

In the months ahead, the British public may start to foresee the humiliating endgame between London and Brussels. Voters might even change their minds about Brexit. A column by Anatole Kaletsky.

Anne Stevenson-Yang, co-founder and research director at J Capital, warns that the monster bubble in the Chinese housing market is ripe to pop and that the Chinese currency will crash.

The clientelist system has become the main threat to Putin’s political survival. The the lack of credible property rights forces rich Russians to hold their money abroad. A column by Anders Åslund.

African governments, with international support, can help students’ transition from school to work by relying on a curriculum that elevates the importance of soft skills. A column by Kim Kerr.