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May 31, 2024

European Union
What’s at Stake in the EU Elections?

The European Union’s governing bodies could see a significant shake-up as millions of voters head to the polls across the twenty-seven-member bloc, with consequences for transatlantic ties.

Members of the EU Parliament sit during a plenary session in Strasbourg, France.

March 17, 2020

International Economic Policy
Addressing the Global Dollar Shortage: More Swap Lines? A New Fed Repo Facility for Central Banks? More IMF Lending?

There is a global scramble for dollars going on. It needs to be addressed through creative policies.

FILE PHOTO: One hundred dollar notes are seen in this photo illustration at a bank in Seoul January 9, 2013.

November 12, 2015

Europe and Eurasia
As Fed Pulls Back, the ECB and BoJ Add Trillions to Global Liquidity

All eyes and ears are on the Fed as it ponders its first rate increase in nine years.  IMF Managing Director Christine Lagarde fears a rerun of the 2013 “taper tantrum,” or what we have been calli…

As Fed Pulls Back, the ECB and BoJ Add Trillions to Global Liquidity

April 20, 2009

The central bank panic of 2008

Central bank purchases of Agencies in 2007 (Setser and Pandey estimate, based on the survey data – the BoP data should be similar once it is revised to reflect the 2008 survey): $300 billion. Centra…

The central bank panic of 2008

March 1, 2023

Economics
The World Bank Stepped Up During the Pandemic

The World Bank (and the IMF) should get credit for increasing their lending to the world's poorest countries during the pandemic. But without additional action, net flows to developing economies will…

The World Bank Stepped Up During the Pandemic

September 22, 2023

Corruption
Claudia Escobar Mejía: Marshall-Plan Like Effort Needed to Eliminate Corruption in Central America

Without new measures to build democratic institutions, entrenched corruption, migration, and violence will only get worse.  

A woman takes part in an anticorruption protest in Guatemala City, Guatemala, September 14, 2017.