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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June 17, 2019
International Economic Policy
Three Recommended Changes to U.S. Currency Policy
I have a new Policy Innovation Memo that recommends three changes to U.S. currency policy, and specifically, three changes to the U.S. Treasury’s Foreign Exchange report: 1. The Foreign Currency r…
August 26, 2005
United States
Dollar crashes, interest rates fall?
Alan Greenspan's legacy may hinge on whether that headline is written, or whether the headline reads: "Dollar crashes, interest rates surge." From Reuters:Although a dollar crash is unlikely anytime …
April 24, 2018
International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back
East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…
May 18, 2017
Singapore
Singapore's "Shadow" Intervention
Singapore looks to have resumed intervention in the foreign exchange market
