44 Results for:

July 12, 2005

United States
Don’t worry, be happy. Trade deficits do not matter so long as US household wealth is rising

Michael Mandel thinks I am making a big mistake, albeit a very, very common one - worrying about rising US external debt rather than celebrating rising US household wealth. Brad is making the very…

September 11, 2006

Terrorism and Counterterrorism
Musharraf’s Taliban Problem

Pakistani President Pervez Musharraf is under increasing pressure from NATO and the United States to clamp down on Taliban militants, but internal resistance from Pakistani Islamists is preventing hi…

February 19, 2008

Elections and Voting
Grare: Pakistan Facing Period of ‘Governmental Instability’

Frederic Grare, a French expert on South Asia, says Pakistan faces a period of instability as the leading opposition parties ponder whether to impeach President Pervez Musharraf and how to apportion …

February 1, 2009

China
Asia’s two recessions

During the good times, both exports and investment boomed. Indeed, the fact that China ran a large current account surplus even as Chinese domestic investment soared -- something only possible bec…

February 27, 2009

China
More bad news from Asia

Even the portions of Asia that relied less on exports aren’t looking quite as good any more. The FT reports that India seems to be decelerating. Malaysia didn’t grow in the fourth quarter. And…