International

While a great deal of attention has been given to Federal Reserve Chairman Ben Bernanke’s address in Jackson Hole, Wyoming on Friday, the remarks...

In the wake of its fiscal crisis, Greece has taken sufficient definitive steps to reduce its budget deficit that it is in line to receive another $11...

As we think about Social Security reform in the United States, it makes sense to look at what other countries are doing to reform their public pension...

As of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based...

The OECD recently published a great report on possible fiscal scenarios, and the results are exactly as expected: if the advanced countries of the...

Recent fiscal performances have been a mixed bag. The troubled Greek government finally pushed through significant pension reform, but doubt still...

Markets are justifiably confused about the strength of the economy: is growth slowing? Is it slowing a lot or just a little? Will it keep chugging...

Initial market reactions to the June employment report confirms trends over the week. While safe haven effects have continued to underpin investor...

The declaration from the G20 meetings in Toronto this past weekend sounds, at first, to be taking a strong stance on fiscal consolidation. “There is...

Unbeknownst to the public, Olivier Blanchard and Carlo Cottarelli ascended Mt. Sinai at some point earlier this year. Last week, they came down with...

On the eve of the G-20 in Toronto this weekend, U.S. financial markets have continued to be dominated by safe haven effects as investors (domestic and...

The European Central Bank joined the Announcement Effect Club yesterday in its June Monthly Bulletin. In evaluating the costs and benefits of fiscal...