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Oct 17, 2024 | 
economicstrategygroup.org | Brad W. Setser
This paper evaluates the current landscape of global trade and financial flows and proposes a set of reforms to support healthier forms of integration. Brad Setser finds that, despite the growing, bipartisan skepticism about the value of liberal trade, global economic integration remains surprisingly resilient. In fact, Setser argues, the immediate risk facing the global economy is more accurately described as unhealthy integration than fragmentation.
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Sep 25, 2024 | 
ft.com | Brad W. Setser
Brad Setser is a senior fellow at the Council on Foreign RelationsEveryone seems to want a sovereign wealth fund these days.
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Aug 27, 2024 | 
ft.com | Brad W. Setser
The writer is a senior fellow at the Council on Foreign Relations Not long ago, there was a near-consensus that Japan’s intervention in...
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Aug 25, 2024 | 
hoover.org | Brad W. Setser
MyHoover delivers a personalized experience at Hoover.org. In a few easy steps, create an account and receive the most recent analysis from Hoover fellows tailored to your specific policy interests. Watch this video for an overview of MyHoover. Create Account
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Jul 17, 2024 | 
slguardian.org | Brad W. Setser
Sri Lanka’s macro-linked bonds (MLBs) are, in fact, not really macro-linked bonds. After 2027, they are standard fixed-income instruments which provide no help in the event of future shocks. The final restructuring terms are just left open until just after Sri Lanka’s IMF program ends, and the creditors and Sri Lanka have agreed that the final terms will largely be a function of Sri Lanka’s dollar GDP between 2025 and 2027. The new bonds thus aren’t true state-contingent instruments.
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Jun 4, 2024 | 
almendron.com | Brad W. Setser
A consensus is emerging that the world is cleaving into blocs—not only geopolitically but economically, too. In 2020, the economist Douglas Irwin wrote that “the COVID-19 pandemic is driving the world economy to retreat from global economic integration”. In the years since, how to manage this purported deglobalization has been a consistent theme at World Economic Forum meetings; in May, an Economist cover depicted a map of the world physically fracturing into competing economic blocs.
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Jun 4, 2024 | 
foreignaffairs.com | Brad W. Setser
A consensus is emerging that the world is cleaving into blocs—not only geopolitically but economically, too. In 2020, the economist Douglas Irwin wrote that “the COVID-19 pandemic is driving the world economy to retreat from global economic integration.” In the years since, how to manage this purported deglobalization has been a consistent theme at World Economic Forum meetings; in May, an Economist cover depicted a map of the world physically fracturing into competing economic blocs.
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Jun 4, 2024 | 
archive.ph | Brad W. Setser
A consensus is emerging that the world is cleaving into blocs—not only geopolitically but economically, too. In 2020, the economist Douglas Irwin wrote that “the COVID-19 pandemic is driving the world economy to retreat from global economic integration.” In the years since, how to manage this purported deglobalization has been a consistent theme at World Economic Forum meetings; in May, an Economist cover depicted a map of the world physically fracturing into competing economic blocs.
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Apr 24, 2024 | 
cfr.org | Heidi Crebo-Rediker |Sebastian Mallaby |Brad W. Setser
A regular series on the choices faced by international economic policymakersNavigating the Trade-Offs: IMF, China, and the Financing Dilemma in Low-Income and Emerging Markets More From Our Experts Heidi Crebo-RedikerMore on: RealEcon Development Financial Markets Many low-income and emerging market countries face an increasingly precarious economic future as they grapple with mounting debt burdens.
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Apr 15, 2024 | 
liberalpatriot.com | Brad W. Setser
Boeing, once a leading example of American engineering excellence and manufacturing skill, is in serious trouble. Boeing’s long-standing reputation for building quality planes has been damaged by the 737 MAX’s crashes and groundings, the well-documented difficulties in the 787 Dreamliner line that forced the company to accumulate an inventory of hundreds of planes while waiting for FAA approval, and more recent failures of factory quality control. No quick fix is in sight.
