Join us next week for our spring meetings! Featuring @WTO's Ngozi Okonjo-Iweala, discussions on post-pandemic monetary policy, the future of the financial system, conference with IMF Kristalina Georgieva, Gita Gopinath, Joseph E. Stiglitz, & more!
Full list of events: piie.com/events

.@WTO Director-General Ngozi Okonjo-Iweala joins us on April 17 to explore the WTO's 30-year journey & what's next.
Register: …rinternationaleconomics.formtitan.com/ftproject/Even…

'The future is uncertain, Joseph Gagnon says. 'You might get no cuts this year or you might get three or four cuts.'
abcnews.go.com/Business/hot-i…

April 16-17 with IMF, we take stock of challenges ahead, & rethink how policies can support & steer the looming transformations in green energy, technology, and turbulent geopolitical relations, & ensure broadly shared benefits.
Info & register: piie.com/events/2024/re…

Massive new tariffs “could have a destabilizing effect on financial markets,' Maurice Obstfeld says.

“Clearly, China would retaliate massively. Other trading partners would be unlikely to take it laying down.'
cnn.com/2024/04/11/eco…

Most G7 economies are experiencing soft landings, but to different degrees. Major emerging economies’ outlooks are shaped by divergent factors. #PIIECharts

A key aspect of China's growth model, the 'mayor economy'—local governments' pivotal role in the nation’s rapid economic growth—has also given rise to many distortions in the economy, including corruption, massive debt, local protectionism, & overcapacity.
piie.com/blogs/realtime…

Those who doubt China’s rise will continue point to the country’s weak household spending, declining private investment, & entrenched deflation.
But this dismissive view of the country underestimates the resilience of its economy, writes Nicholas Lardy.
foreignaffairs.com/united-states/…

Watch the speech & discussion with Lazard's Peter Orszag here: piie.com/events/2024/us…

Join DG Ngozi Okonjo-Iweala and Peterson Institute's President Adam Posen on 16 April as they explore the WTO's 30-year journey and its future direction. Registration and livestream: bit.ly/4aVqhaN

Because of the worsening fiscal situation of local governments, driven by their plummeting land revenues & massive debts, missed payments to private enterprises are on the rise, contributing to China’s slumping business confidence.
piie.com/blogs/realtime…

April 16-17 with IMF, we rethink economic policy given structural changes from the green energy transition, new technologies, & more with Kristalina Georgieva, Gita Gopinath, Joseph E. Stiglitz, Rania A. Al Mashat, Angus Deaton, Gordon Brown, & many more.
Details: piie.com/events/2024/re…

Including transfers in kind makes Chinese consumption data comparable with that of countries in the OECD, suggesting China has made some progress in transitioning to more consumption-driven growth. #PIIECharts
More: piie.com/research/piie-…

Steadiness of projected global GDP growth masks substantial differences across countries. Most G7 economies are experienced soft landings but to different degrees. Outlooks for the major emerging economies are shaped by a set of divergent drivers. More: piie.com/blogs/realtime…

WATCH: Joseph Gagnon spoke to CNN about what the inflation situation looks like & the wage gains workers have seen.
cnn.com/videos/busines…

Join us next week for our spring meetings! Featuring @WTO's Ngozi Okonjo-Iweala, discussions on post-pandemic monetary policy, the future of the financial system, conference with IMF Kristalina Georgieva, Gita Gopinath, Joseph E. Stiglitz, & more!
Full list of events: piie.com/events

And the winner is… the US economy. Stunning outlook by Peterson Institute economists Karen Dynan, Tianlei Huang and Maury Obstfeld.

ECONOMIC OUTLOOK: The G7 economies are seeing 'soft-ish' landings, meaning disinflation without recessions, Karen Dynan said at #GEPSpring2024 . Key drivers of growth diverge across major emerging markets.
Learn more: piie.com/blogs/realtime…