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October 25, 2004

DeLong on the global economy

DeLong’s powerpoint notes are certainly worth checking out. The side by side graphs showing real GDP growth and then employment growth (or the lack thereof) elegantly tell the story of the 2002-2004…

Blog Post by Brad W. Setser Follow the Money

October 10, 2016

Asia
Review of "The Penguin History of Modern Vietnam" by Christopher Goscha

In forty years, the relationship between the United States and Vietnam has swung about as widely as is possible. In 1975, the United States cut diplomatic ties with the country after the end of the V…

vietnam-a-modern-history
Blog Post by Joshua Kurlantzick Asia Unbound

July 7, 2006

United States
DeLong: It will all be OK … unless it isn’t

Weekend commentary on the forthcoming (we just don’t know when) process of external adjustment in the US has been outsourced to the left coast.  DeLong: What is this most likely scenario? It is of (a…

Blog Post by Brad W. Setser Follow the Money

March 9, 2005

Emerging Markets
Brad DeLong covers the Argentine crisis, in one night

DeLong is clearly working his way through Paul Blustein’s book on Argentina. Martin Wolf has a column on Argentina’s restructuring in yesterday’s Financial Times, which I quite liked, for rather obv…

Blog Post by Brad W. Setser Follow the Money

June 30, 2006

United States
DeLong is right. If the US wants to end up like Australia, US trade deficit needs to fall - unless foreigners continue to do terribly on their investments in the US.

As Brad Delong notes, the big difference between the United States and Australia is that the United States has a  trade and transfers deficit of close to 7% of GDP.    That implies – assuming the sto…

us_net_international_invest
Blog Post by Brad W. Setser Follow the Money