Problems associated with a rapid buildup of deficits and debt should not be compounded by ill-advised, ad hoc policies.
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The postbubble stresses that will emerge around the globe in 2010 will produce substantially more market volatility than was seen in 2009.
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The complex and rapidly evolving Sino-American relationship has become the most important bilateral relationship either country has.
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The U.S. economy is still struggling, and the Federal Reserve should not try to stop the slide of the dollar; doing so would be an abrupt removal of still-necessary stimulus.
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Wall Street stocks are rising again, but will a financial bounce boost the real economy in coming quarters?
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Three lessons stand out from the financial crisis; one hopes that they will provide guidance for a quicker policy response in future crises.
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China's aggressive attempts to maintain an 8 percent growth rate carry substantial risks.
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Deflation remains the signal concern in this economy, but inflation worries are not unreasonable given current fiscal trends.
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Ben Bernanke and others are pointing to "green shoots" that they say are signs of economic recovery, but there are fundamental contradictions embedded in the scenario.
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Unless sustained positive U.S. consumption growth appears at midyear, it will be extraordinarily difficult for China to sustain high growth rates based on rebounding exports.
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