|
RealTime Economic Issues Watch
|
In RealTime posts, PIIE senior staff and colleagues discuss the fast-moving economic news, financial developments, and public policy choices confronting the United States and the world.
|
-
Brazil’s Protests: Can President Roussef Meet the Challenge?
Over the last few days protests have overwhelmed Brazil’s largest cities, surprising international observers and, apparently, the government of President Dilma Rousseff. What has caused this outpouring of opposition and what can be done to address the protesters’ anger? The most immediate factor is anxiety about inflation. The protests originated with a movement of students [...]
-
Goldman Sachs Concedes Existence of Too Big To Fail
Global megabanks and their friends are pushing back hard against the idea that additional reforms are needed—beyond what is supposed to be implemented as part of the Dodd-Frank 2010 financial legislation. The latest salvo comes from Goldman Sachs which, in a recent report, Measuring the ‘Too Big to Fail’ Effect on Bond Pricing denied there [...]
-
The TTIP Logic in Obama’s Trip to Berlin
Second term presidents have unfinished business, so it is no surprise that President Obama plans to speak later this month in Berlin at Brandenburg Gate, where Germany asked that he not speak in 2008. Aside from the occasion of the 50th anniversary of John F. Kennedy’s famous “Ich bin ein Berliner” address, Chancellor Angela Merkel [...]
-
Saving Abenomics: No Time for Cold Feet on QE
Prime Minister Shinzo Abe captured the attention of economists, pundits, and global markets with his bold plans to boost growth and inflation in Japan. Stock prices soared, real bond yields plummeted, and the yen dropped sharply. These trends boded well for Abe’s success. More recently, markets seem disappointed with the details (or lack thereof) on [...]
-
Solar Panels: When Trade, the Environment, and Geopolitics Collide
What happens when policy goals in one area collide with goals in another? This occurred when US and European manufacturers of solar panels squared off with environmental and geopolitical interests over cheap Chinese products. In the United States, domestic producers of solar panels succeeded in raising tariffs on Chinese imports, even though their victory made [...]
|
News Feeds 
The Group of Lecce by GoL is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.