Gopinath follows Obstfeld at the IMF, in a great tradition

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Dec. 10, 2018 — Maury Obstfeld this month completes his exemplary term as Chief Economist at the International Monetary Fund. His departing economic outlook foresees slowing growth in the world economy in 2019 and 2020.

Gita Gopinath, my Harvard colleague, will take up the position in the new year.  Continue reading

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China’s Q3 GDP Reportedly Slowed to 6.5%. Or is it 6.4%?

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October 19, 2018 —  Headlines today note a further slowdown in China’s growth. Continue reading

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After NAFTA

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Oct. 12, 2018 —  Donald Trump thinks he once again pulled off a smashing victory on October 1, delivering on his oft-repeated campaign promise to terminate NAFTA, “the worst trade deal ever,“ and replace it with something much newer and better.  One is tempted to say to oneself, “Let him think that.”  The US-Mexico-Canada Agreement may not be an improvement over the status quo, but at least it is an improvement over the end to free trade in North America which he had threatened.
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