36 Results for:

May 31, 2008

Financial Markets
US: China shouldn’t peg to the dollar but the Gulf should ...

That at least seems to be the Treasury’s policy. Krishna Guha of the FT reports that the US believes that dollar pegs can help countries manage commodity price volatility. Mr McCormick said that oi…

June 13, 2010

India
A Step Forward for the U.S. and India

Photo courtesy of REUTERS/Kevin Lamarque It’s been a rough seventeen months for the United States and India. I’ve written about some of the challenges here and here—and talked about them here and h…

A Step Forward for the U.S. and India

September 13, 2008

Financial Markets
Much to worry about

The New York Federal Reserve Bank doesn’t use its ability to summon Wall Street’s top leadership to its downtown castle lightly. This doesn’t seem quite like LTCM either. For one, the US Trea…

September 17, 2006

Economics
Too much to read …

I really liked Krishna Guha’s analysis of global imbalances that appeared in Wednesday’s FT.    His emphasis on the role of exchange rate adjustment in global rebalancing seemed right to me.  Exchang…

July 2, 2009

Financial Markets
"A more balanced economy might allow the world to live with a less perfect financial system"

Mike Dooley and Peter Garber argue (at VoxEU) that the recent crisis has nothing to do with “Bretton Woods 2” -- an international monetary system where reserve growth in the “periphery” financed defi…

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