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 6, 2012
Asia
Disturbing Signs of Myanmar’s Reforms Coming Undone
Over the past two weeks, there have been a number of signs that Myanmar’s fragile reform process, first put on track about a year and a half ago, is facing serious obstacles that, at times, have been…
June 12, 2013
Global
The Dilemma of Humanitarian Intervention
Global support for the "responsibility to protect" doctrine weakened after the UN-endorsed no-fly zone that helped topple Libya’s regime, and debate continues over the threshold for mounting armed hu…
July 8, 2009
Europe and Eurasia
Unemployment
Until the economic crisis, many praised the U.S. model of flexible labor markets for promoting faster growth and low unemployment. But flexibility has a cost: the United States is leading the G7 in…
December 20, 2006
Financial Markets
With a lag, the financial world notices how rich the oil exporters have become …
The Economist did a big feature on petrodollars. Breaking views and a host of financial columnists have hinted that Hank Paulson should have paid a visit to Riyahd as well as Beijing. The BIS attr…
July 30, 2007
Monetary Policy
The shift toward sovereign wealth funds: the policy debate
Both the Financial Times and the Wall Street Journal have done a great job reporting on the rise of sovereign wealth funds. Joanna Chung and Tony Tassel’s nuanced analysis of the impact of sovereig…