Peterson Institute for International Economics
Peterson Institute for International Economics

Peterson Institute for International Economics

The Peterson Institute for International Economics is a Washington, D.C.-based think tank that produces research and insights related to international economics.

Latest articles from Peterson Institute for International Economics

Settling the Boeing-Airbus dispute can deliver an early win for Biden's agenda

President-elect Joseph Biden has repeatedly vowed to restore cooperation in transatlantic relations after President Donald Trump’s economic and political confrontations. The degree to which Comac enjoys direct subsidies from the Chinese government is...
Peterson Institute for International Economics
Peterson Institute Update 15 January 2021

The United States can return to multilateral economic cooperation. Here's how.

Many countries around the world are hoping that the incoming Biden administration will take the lead in restoring a cooperative multilateral approach to trade. Yet such a return to business-as-usual (pre-Trump) trade policy, focused on the negotiatio...
Peterson Institute for International Economics
Peterson Institute Update 15 January 2021
The United States can return to multilateral economic  cooperation. Here's how.
The United States can return to multilateral economic  cooperation. Here's how.

Does the dollar have an outsized effect on trade prices?

An influential recent paper notes that a disproportionate share of global trade is invoiced in US dollars and claims that dollar invoicing causes trade prices to follow movements in the dollar. This post examines 22 economies to see if the substantia...
Peterson Institute for International Economics
Peterson Institute Update 15 January 2021
Does the dollar have an outsized effect on trade prices?
Does the dollar have an outsized effect on trade prices?

The accounting and regulatory challenges of banks' troubled assets

Following the 2008 financial crisis, major reforms have been introduced to improve banks’ accounting for credit assets. The COVID-19 pandemic has raised additional issues on how to reckon for nonperforming loans in a time of revenue suppression from...
Peterson Institute for International Economics
Peterson Institute Update 13 January 2021

Fiscal resiliency in a deeply uncertain world: The role of semiautonomous discretion

Orszag, Rubin, and Stiglitz outline a new fiscal framework that they argue would better equip policymakers to face deep uncertainties about future interest rates (which, they say, may not remain low forever), hard-to-predict global shocks, and climat...
Peterson Institute for International Economics
Peterson Institute Update 12 January 2021

US sanctions have not yet heavily targeted China's financial institutions

China has not been heavily targeted by US financial sanctions in recent years. But bipartisan pressure is growing in the United States in support of new financial sanctions on Chinese firms and individuals to counter Beijing’s human rights abuses and...
Peterson Institute for International Economics
Peterson Institute Update 11 January 2021