Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 4, 2007
Financial Markets
2007 has been a lot better than 2005 for the dollar bears …
Some no doubt will take a revival of interest in a set of 2004 and 2005 papers (Rogoff-Obstfeld, Krugman, Roubini-Setser, no doubt others) arguing that a real depreciation in the dollar is needed to…
September 24, 2012
Defense and Security
Ask the Experts: Do Targeted Killings Work?
The United States did not always carry out targeted killings (or assassinations) of perceived national security threats. To the contrary, the norm against targeted killings outside of battlefield set…
April 24, 2008
Capital Flows
Adapting to the state’s growing role in global equity markets
Central bank purchases of traditional reserve assets still dwarf sovereign wealth fund purchases of riskier assets -- as well as central bank purchases of equities. But over time, it is reasonable …
June 27, 2008
Monetary Policy
Does the Fed’s mandate now extend to Beijing, Moscow and Riyahd?
The Financial Times, in a leader, says yes. If there were a Central Bank of the World its monetary policy committee would glance at today’s inflation rates and expectations of future inflation and …
November 17, 2008
Financial Markets
The G-20 communique
The G-20’s communiqué offered a surprisingly robust work program for regulatory reform. MIT’s Simon Johnson even worries that it may be too robust – and push banks to scale back their lending in a …