Do Not Celebrate Macron’s Victory—Yet
Romain Keppene co-authored this article. He is a graduate student at the École des Haute Études Commerciales (HEC) in Paris, France. He formerly worked with the European Delegation to the United States in Washington, DC. European...
Challenges for a U.S.-U.K. Trade Agreement
In his recent visit to the United Kingdom, Speaker Paul Ryan emphasized the importance of a free trade agreement between the United States and the United Kingdom. Although prominent American and British leaders—including...
Berlin Should Heed Washington’s Economic Policy Concerns
While the United States has the largest trade deficit in the world, Germany boasts the largest trade surplus. The Trump administration, which aims to reduce U.S. trade deficits, views German economic policy as deeply unfair....
Why Statehood for Puerto Rico is the Wrong Solution
With $72 billion in outstanding liabilities, Puerto Rico is dangerously close to the verge of an economic disaster. Instead of addressing the underlying causes of this crisis, Puerto Rico’s newly elected governor, Ricardo...
Japan’s Economic Woes for 2020 Goals
As its economy grew by 1.2 percent during the last quarter of 2016, Japan experienced four consecutive quarters of growth for the first time in a decade. Although welcomed, this rate of growth is smaller than in previous...
A Strong Dollar Threatens Trump’s Economic Plans
The Trump administration seeks to grow the economy by 3.5 percent per year and create 25 million jobs, but the strengthening dollar poses a threat to its economic ambitions. Already at its highest in the last 14 years, if the...
Improving Puerto Rico’s Precarious Finances
Puerto Rico’s newly elected governor, Ricardo Rosselló, has promised to work closely with the bipartisan Financial Oversight and Management Board for Puerto Rico and the Congressional Task Force on Puerto Rico Growth to improve...
Italy’s Political Instability Threatens the Eurozone Economy
With key Italian banks on the verge of bankruptcy and capital flowing out of the country, Italy’s December 4th referendum results could hardly come at a worse time. Given the state of its economy, particularly the financial...
Post-Brexit Scottish Independence: An Economic Disaster?
As the UK Government seeks to reverse a recent High Court ruling on Brexit, the Scottish First Minister Nicola Sturgeon has asked for a second Brexit referendum. But given the fragile state of its finances and uncertainties...
Will Frankfurt or Paris to Replace London as the EU’s Leading Financial Center?
Frankfurt and Paris are in a competition to replace London as the European Union’s premier financial center in a post-Brexit EU. But given significant political and financial challenges for the Eurozone in 2017, it seems unlikely...