PIIE's scholars draw on their research to provide commentary and analysis in a broad array of formats outside the Institute. Op-eds, testimony, speeches, and scholarly papers for other organizations all aim for the highest standards of objectivity, rigor and transparency required by the Institute for its own publications. Their writings are not intended to reflect an official view of the Institute or the views of members of the Institute's Board of Directors, and authors must adhere to strict standards of disclosure of any potential conflicts of interest.


July 19, 2017
President Trump’s overarching theme is “fair trade,” but fairness resides in the eye of the beholder. U.S. and Korean definitions may well differ. Yet invoking the fairness theme, the Trump administration has two operational goals: seek bilateral trade balance and reciprocity. Trump sees U.S...

Gary Clyde Hufbauer (PIIE) and Euijin Jung (PIIE)

Caroline Freund (PIIE) and Christine McDaniel (Sidley Austin LLP)

July 6, 2017


July 11, 2017
Precautionary recapitalization, a tool for public intervention in the banking sector defined in the Bank Recovery and Resolution Directive (BRRD), is consistent with the rest of BRRD and a legitimate instrument for bank crisis management. The conditions set for it by BRRD are restrictive and have...