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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…

April 17, 2024

Europe
A Conversation With Christine Lagarde

European Central Bank President Christine Lagarde discusses the state of the European economy, U.S.-EU economic cooperation, and the implications of international geopolitical conflicts on the global…

Play Christine Lagarde speaking with the IMF logo in the background.

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

March 8, 2002

United States
2002 Arthur Ross Book Award Short List Announced

NEW YORK, March 8, 2002 – The Council on Foreign Relations has announced the short list for the first annual Arthur Ross Book Award. The prize is for a book that has made an outstanding contribution …

April 18, 2002

United States
Literary Agent Morton L. Janklow to Chair Council’s Arthur Ross Book Award

Contact: Lisa Shields, Director of Communications, 212-434-9888 NEW YORK, April 15, 2002 - To judge the winner of America’s newest and largest international affairs book award, the Council has…