This is a guest post by Cole Frank, a research associate at the Council on Foreign Relations. Multinational corporations‘ efforts to avoid U.S. taxes by shifting profits abroad significantly distort ...

To deal with international transactions and financial flows, economists use the Balance of Payments framework. In this video, I'll give you an introduction to that framework and show you what the two ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. China’s GDP statistics are widely thought to be, well, works of performance art.