International
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The Need for Reducing Sovereign Debt Risk, according to the IMF
With global recovery underway but still fragile, reducing government (sovereign) debt risk is important, so that global economic recovery can be...
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Market Watch Update: April 12-16
U.S. Treasury markets were relatively quiet most of this week, although some Friday morning news had translated into market gains, as of early...
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Let's Establish a Solidarity Fund
In order to help address its debt crisis, the country of Greece has set up a " solidarity account" to which people can donate money to help pay down...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal noted the lessons that the United States...
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Sovereign Risk Jitters
For budget and market watchers, the month of March has been a little scary. It is not easy to come out of the deepest recession and financial crisis...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: Shortly after the House passed the Senate health care bill, the...
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Ireland's Tough Decisions Create Fiscal Credibility
Ireland, like other European Union nations including Spain, Portugal, and Greece, risked losing the confidence of its creditors when it did not have a...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times called on Congress to do more to create jobs...
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The U.S. Needs a Fiscal Turnaround
The United States is not the first nation to face tough fiscal challenges. Other countries have faced similar fiscal challenges – and gotten out of...
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The Debt is Not Just a Beltway Problem
In this week’s debate on the Senate floor and the release of several congressional plans to address the deficit and debt, the national debt is on the...
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U.S. Debt: Not Bound by our Borders
With U.S. debt held by the public on track to exceed 100% of the economy in a little over a decade, policymakers must come together now and implement...
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ECB Calls for Fiscal Consolidation Strategies
A few hours before similar remarks were made by Fed Chairman Bernanke (see previous blog), his European counterpart, European Central Bank (ECB) head...