Barry Eichengreen

The gap between productivity growth in the United States and Europe paints a stark and, for Europeans, depressing picture

Frontier markets are back. Several African countries have recently returned to global financial markets, placing foreign-currency bonds with international investors

US President Donald Trump’s erratic unilateralism represents nothing less than abdication of global economic and political leadership. Trump’s withdrawal from the Paris climate agreement, his rejection of the Iran nuclear deal, his tariff war, and his frequent attacks on allies and embrace of adversaries have rapidly turned the United States into an unreliable partner in upholding the international order