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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November 12, 2007
Financial Markets
What a week: a Brazilian supermodel, the Vice-Chairman of the People’s Congress and the French President all commented on the dollar
Note: This is Brad Setser, not Michael Pettis. Mr. Pettis will be doing most of the heavy lifting for the remainder of this week as well. Last week was rather interesting. Gisele Bundchen was all…
August 20, 2007
Financial Markets
Reverse engineering financial engineering
The process that turned subprime mortgages into triple AAA rated securities is, by now, pretty well known. Rich Bookstaber (his blog is here) describes the process nicely.Here's the recipe for a CD…
May 31, 2008
Financial Markets
US: China shouldn’t peg to the dollar but the Gulf should ...
That at least seems to be the Treasury’s policy. Krishna Guha of the FT reports that the US believes that dollar pegs can help countries manage commodity price volatility. Mr McCormick said that oi…
September 4, 2018
India
Background Brief: Meet the U.S.-India “2+2”
The upcoming U.S.-India "2+2" dialogue marks a new configuration for an existing dialogue begun in the Barack Obama administration. Here's how the consultation has evolved.
August 29, 2006
Economics
Wages, Walmart and the debate about the Global Economy -
Both the Financial Times (Krishna Guha) and the Wall Street Journal (Greg Ip) ran articles summarizing the papers presented at Jackson Hole. I liked Guha’s summary more than Ip’s summary, largely b…