After the Italian referendum: a treacherous period for banks and growth (Robert Kahn, Council on Foreign Relations)

http://blogs.cfr.org/kahn/2016/12/05/after-the-italian-referendum-a-treacherous-period-for-banks-and-growth/

Global Economics Monthly November 2016 (Robert Kahn, Council on Foreign Relations)

http://www.cfr.org/economics/global-economics-monthly-november-2016/p38447

Global Economics Monthly July 2016 (Robert Kahn, CFR)

Bottom Line: Summer has seemingly brought a new optimism about the Russian economy. Russia’s economic downturn is coming to an end, and markets have outperformed amidst global turbulence. But the coming recovery is likely to be tepid, constrained by deficits and poor structural policies, and sanctions will continue to bite. Brexit-related concerns are also likely to weigh on oil prices and demand. All this suggests that Russia’s economy will have a limited capacity to respond to future shocks.

http://www.cfr.org/economics/global-economics-monthly-july-2016/p38078

Brexit, Emerging Markets, and Venezuela in the News (Roberto Kahn, CFR)

http://blogs.cfr.org/kahn/2016/06/30/brexit-emerging-markets-and-venezuela-in-the-news/

Brexit’s Threat to Global Growth (Robert Kahn, CFR)

http://blogs.cfr.org/kahn/2016/06/28/brexits-threat-to-global-growth/

Britain’s Bold Leap into the Unknown (Robert Kahn, CFR)

http://blogs.cfr.org/kahn/2016/06/24/britains-bold-leap-into-the-unknown/

Venezuela’s Descent Into Crisis (Robert Kahn, CFR)

In my May monthly, I make the case that the crisis in Venezuela has intensified to the point where a chaotic default is a question of when, not if. Economic activity is falling sharply and the seeds of hyperinflation have been planted, a downward spiral reinforced by political paralysis, widespread electricity shortages, and a breakdown in social order. Reserves are falling sharply, driven by capital flight and a fiscal deficit that has swelled to over 20 percent of gross domestic product (GDP). Although the government has made enormous efforts to continue making debt payments, a default now appears likely sooner rather than later, and possibly even ahead of large debt service payments due this fall

http://blogs.cfr.org/kahn/2016/05/05/venezuelas-decent-into-crisis/

Energy Prices and Crisis Risks (Robert Kahn, CFR)

Robert Kahn testified before the Senate Committee on Foreign Relations, describing the crisis risks generated by persistently low oil and gas prices. He argued that the risks are especially acute for energy exporters such as Venezuela and Nigeria, and that such countries need sizable policy adjustments in the immediate future.

http://www.cfr.org/oil/energy-prices-crisis-risks/p37612