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June 22, 2005

Capital Flows
The joys of being a creditor nation

China is on track to add between $250 and $300 billion to its reserves this year. That is a lot of money. Enough to have an impact on global bond markets. Enough to buy several oil companies. As…

January 9, 2007

United States
Nice work if you can get it — the joys of exorbitant privilege

I spent a bit of time trying to estimate how market moves in 2006 will impact the US net international investment position (the NIIP is the gap between all US external assets and all US external liab…

niip_decomposition

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

May 4, 2011

Defense and Security
U.S.-Mexico Security Cooperation Four Years On

US Secretary of State Clinton and Mexican Foreign Minister Espinosa (Saul Loeb / Courtesy Reuters). Last Friday, Hillary Clinton hosted the Merida Initiative High-Level Consultative Group in Washing…

US Secretary of State Clinton and Mexican Foreign Minister Espinosa (Saul Loeb / Courtesy Reuters).

September 21, 2013

Egypt
Weekend Reading: Regional Inaction in Syria, Syria’s Kurds, and the Egyptian Military

Naseem Tarawnah raises the question, why have Arab states not intervened in Syria? Robert Olson reminds the world of “the other war” in Syria. Sara Salem examines the role of the Egyptian military …

sanaa_CROPPED