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In RealTime posts, PIIE senior staff and colleagues discuss the fast-moving economic news, financial developments, and public policy choices confronting the United States and the world.
The promising Arab Spring has left North Africa in limbo. Now the task is to build a new political and economic system that is sustainable. President Barack Obama’s speech on the Middle East on May 19 outlines most of the right economic features. When communism ended two decades ago, the Soviet Union fared much more [...]
When President Obama arrives in Ghana Friday night he will be the third consecutive American president to visit this small West African country. The political optics from a White House perspective are straightforward: Ghana is a stable, English-speaking democracy relatively close to the President’s other stops in Europe, and its relative prosperity facilitates the promotion [...]