Ryan Nabil

Will Frankfurt or Paris 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 that Frankfurt and Paris will succeed in replacing London as the EU’s premier financial center. Currently, London is far…

Economic Policy Challenges for the Next Italian Government

With low growth, crippling public debt, and chronic unemployment, Italy checks all the boxes for a major financial crisis. However, with the right economic policies, the next coalition government can turn Italy around and make the country more competitive in the global economy. To do so, the incoming Italian prime minister and the coalition government…

Engaging China to Address the North Korean Security Threat

As Washington seeks to achieve more favorable security conditions in the upcoming negotiations with North Korea, the Trump administration must continue to maintain pressure on Pyongyang. However, the administration misses a crucial part of the North Korean challenge: China. By working together, Washington and Beijing can exert economic pressure that might coerce North Korea to…

How to Make NAFTA Great Again

The Trump administration rightly wants to make sure that the North American Free Trade Agreement (NAFTA) works for ordinary Americans. However, instead of abolishing NAFTA altogether, the Trump administration should focus on reforming it to serve better the interests of American workers and companies. In an effort to reduce the U.S. trade deficit of $566…

Puerto Rico: The Worst-Performing Economy in 2018

Hurricane Maria devastated Puerto Rico earlier this year, leaving fifty people dead, destroying thousands of homes, and putting 5,000 small companies out of businesses. To alleviate this crisis and rebuild Puerto Rico’s economy, Congress and the Trump and Roselló administrations must adopt a strong economic plan and commit to substantial economic reforms. The hurricane comes…

The Looming Crisis in Italy

With low growth, chronic unemployment, and crippling public debt, Italy checks all the boxes for a looming financial crisis. Yet, with its upcoming elections next year and the rise of new players in Italian politics, the country faces even greater political risks. Policy makers would do well to pay attention to the risks that Italy…

An Economic Strategy for a United Spain

Spain is on the brink of a political crisis as the confrontation between Catalonia and the central government escalates over Catalonia’s future. The recent developments are indeed a wake-up call for Spain, which must address growing discontents in Catalonia with a long-term economic strategy. In a non-binding referendum earlier this month, Catalonians voted overwhelmingly in…

Addressing North Korea’s Other Weapon: A Growing Economy

Despite crippling sanctions, the North Korean economy has managed to continue its economic growth over the past several years. As the United States and its allies formulate economic and foreign policy strategies to address North Korea’s threats, Washington must focus on straining its economy without intensifying the current security climate. In response to North Korea’s…

Difficult Road Ahead for Macron

Strong economic challenges lie ahead for French President Emmanuel Macron as he celebrates 100 days in office with historically low approval ratings. Although the French economy has performed well recently, it still suffers from chronic weaknesses—a dysfunctional labor market and weak government finances—which the Macron administration must address through a series of reforms. Since Macron’s…

An Economic Strategy for Closer U.S.-German Cooperation

Despite the growing importance of U.S.–German cooperation to the global economy, President Trump and Angela Merkel’s recent meeting at the G20 summit in Hamburg has done little to improve the deteriorating U.S.-German relations. In order to mend this relationship, Washington and Germany must formulate a strategy to increase bilateral trade and investment and align international…

London Should be a Top Priority During Brexit Negotiations

Small businesses and financiers across the United Kingdom are increasingly concerned that London is not a top priority in Brexit negotiations, leading to fears about its financial future. Although the UK government has undertaken important steps in negotiating Brexit, it is yet to address key challenges regarding London’s status as the world’s leading financial center.…