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January 10, 2005

United States
Apparently, like budget deficits, trade deficits do not matter anymore

Kevin Drum brought the latest National Review "trade deficits do not matter" article to my attention today. I learned a few things, namely that Steven Roach is part of a media misinformation campaig…

September 11, 2006

China
The Wall Street Journal (finally) takes note: Europe, not the US, explains the recent surge in China’s exports

I was tempted to title this blog “$18.8 billion more reasons for Tyler Cowen, Dan Drezner, Greg Mankiw and a host of others to think the RMB isn’t really undervalued.”  But that would be a bit…

May 12, 2008

Capital Flows
Sovereign Economic Development Funds ….

Sovereign funds argue that they are only interested in financial returns. And to be sure, they do care about financial returns. Losing money generally isn’t good for a sovereign fund’s long-term h…

June 14, 2011

Politics and Government
Campaign 2012: Hello Michele Bachmann, GOP Presidential Candidate

Congresswoman Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters) Michele Bachmann made some news at last night’s rather sedate GOP presidential …

Congresswoman  Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters)

October 1, 2010

South Korea
The Seoul G20 Summit: Opportunity for and Challenge to Strengthening U.S.-Korea Relations

Marcus Noland is Deputy Director and Senior Fellow at the Peterson Institute for International Economics. A major, largely overlooked development of the recent financial crisis has been the emergenc…

G20 Summit Washington, DC

March 11, 2010

North Korea
Rajin-Sonbong: North Korea’s (New?) Strategy to Attract Foreign Investment

I’ve been watching North Korea ramp up efforts to attract foreign investment since Jack Pritchard and I heard last November in Pyongyang from the chairman of Pyongyang’s Foreign Investment Advisory B…

November 28, 2011

Elections and Voting
Campaign 2012 Roundup: Is Foreign Policy a Problem for Ron Paul?

Ron Paul speaks during the Western Republican Leadership Conference  on October 19, 2011. (Steve Marcus/courtesy Reuters) A common trope so far in campaign 2012 is the argument that Republicans have…

U.S. Congressman Ron Paul of Texas speaks during the Western Republican Leadership Conference at The Venetian hotel-casino in Nevada October 19, 2011. Picture taken October 19, 2011. REUTERS/Las Vegas Sun/Steve Marcus (UNITED STATES - Tags: POLITICS ELECTIONS)

January 7, 2010

North Korea
North and South Korean New Year’s Resolutions

North Korea has traditionally utilized the new year to set priorities and provide guidance to its people. Under Kim Jong Il, this guidance has come out in the form of a combined New Year’s editorial …

June 15, 2012

China
North Korea’s Growing Trade Dependency on China: Mixed Strategic Implications

North Korea’s trade dependency on China has skyrocketed in the past year, reaching US$5.63 billion in 2011, an increase of 62.5 percent from $3.46 billion in 2010. Meanwhile, trade with South Korea, …

North Korean workers nap on piles of fertilizer shipped from China on the banks of Yalu River near the North Korean town of Sinuiju

June 14, 2013

Political Transitions
You Might Have Missed: Surveillance Programs, Intervention in Syria, and Chinese Foreign Policy

Alastair Iain Johnston, "How New and Assertive Is China’s New Assertiveness?" International Security 37, no. 4 (Spring 2013): 7–48. Why, then, does it matter whether PRC diplomacy as a whole in 2010…

U.S. Director of National Intelligence James Clapper departs after a Senate briefing on national surveillance programs on June 13, 2013 (Ernst/Courtesy Reuters).