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January 6, 2006

Monetary Policy
Read Andrew Balls and Geoff Dyer on Chinese reserve management

I strongly recommend the latest by Balls (in DC) and Dyer (in Shanghai). It covers both sides of the "does China's reserve management matter" debate.  But it gets two key points absolutely right:…

May 4, 2017

United States
Mick Jagger featured in the 1970 documentary, "Gimme Shelter." (Photo : Reuters) Eleven More Classic Vietnam War Protest Songs

Two years ago, I posted my picks for "The Twenty Best Vietnam Protest Songs." I compiled the list as part of a series of posts commemorating the fiftieth anniversary of the first U.S. combat troops a…

March 30, 2017

South Africa
African Judges An Independent Judiciary and the Rule of Law in Africa

Geoff Hill writes in a credible Daily Maverick (South Africa) op-ed that people across Africa want the rule of law, and they are demanding it more and more, often from their local judiciaries. But Af…

August 2, 2010

China
China’s Currency Head Fake China’s Currency Head Fake

In the run-up to the June G20 summit in Toronto, China came under significant U.S. pressure to loosen its currency peg to the dollar. “The administration constructively set the G20 meeting as an im…

February 25, 2009

China
U.S. External Debt U.S. External Debt

This chart compares the Treasury and Agency holdings of China and Japan. As the chart shows, the amount of debt that the U.S. owes to China has increased sharply this decade and the amount owed to …

May 15, 2009

China
China’s Foreign Assets China’s Foreign Assets

China’s total foreign assets, including its dollar assets, have grown substantially. China is worried about the risks associated with holding large amounts of dollar assets, as evidenced by its cal…

March 17, 2009

China
China's Foreign Assets China's Foreign Assets

China’s holdings of foreign assets have grown dramatically this decade. During the past few years their risk appetite grew as they purchased increasing amounts of foreign equities and corporate bon…

December 15, 2015

Europe and Eurasia
RTR2TC0F-12152015 Lessons in Cleantech Success from Scandinavia (Pt. 2): The Importance of the Danish Manufacturing Revival

This post is co-written by Ben Armstrong and Varun Sivaram. Ben is a Ph.D. Candidate at MIT focused on Political Economy and a researcher at the MIT Governance Lab. In Part 1 of this series, we pose…

July 30, 2014

Sub-Saharan Africa
Former French hostage Daniel Larribe is welcomed by relatives as French President Francois Hollande looks on on the tarmac upon their arrival at Villacoublay military airport, near Paris, October 30, 2013 (Jacky Naegelen/Courtesy Reuters). Kidnapping, Ransoms, and the Sahel

Rukmini Callimachi has a chilling story on the front page of today’s New York Times, “Paying Ransoms, Europe Bankrolls Qaeda Terror.” It is a must-read. The story is based on a wide range of intervie…

February 21, 2014

Intelligence
Russia Olympic Flags You Might Have Missed: U.S.-China Relations, Olympics, and Intelligence Assessments

Rear Admiral John Kirby, “Department of Defense Press Briefing with Rear Admiral Kirby in the Pentagon Briefing Room,” Department of Defense, February 20, 2014. Q:  I’d like to ask you about this Hu…