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December 8, 2004

Budget, Debt, and Deficits
The central bank bid

It seems like America’s biggest creditors stepped up to the plate today. China’s rapidly growing reserves have to go somewhere ... From Bloomberg:"So-called indirect bidders, which include the forei…

October 29, 2004

Financial Markets
David Wessel visited the Harvard economics department

Or at least talked to Summers and Rogoff, before writing his Thursday Wall Street Journal column. It is worth reading if you have access to the Journal. I agree with his bottom line: getting out of…

November 21, 2005

China
Keith Bradsher demolishes the myth that China is a great market for American goods

The money quote in Bradsher's article in last Friday's New York Times comes from Matthew Crabbe: "The only US-produced items that I can think exist in large quantities in China are dollars bi…

April 27, 2006

Unpleasant balance of payments math — why the interest rate matters for dark matter

Bill Cline of the IIE rightly took Nouriel and me to task (politely) for assuming that the average return on US FDI abroad would equal the average return on foreign FDI in the US in our 2004 paper on…

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May 22, 2007

China
No one covers the debate on China’s macroeconomic policy better than Richard McGregor

McGregor’s long analysis piece in today's Financial Times (free link here) shows why.  It is the best summary of China’s macroeconomic policy challenges – and the contractions associated with Chi…

November 3, 2007

Monetary Policy
If the governments of emerging economies stuck to buying bonds would everything be ok?

Bloomberg’s Matthew Lynn argues that those countries now fretting about the impact of sovereign wealth funds didn’t complain when sovereign governments bought huge quantities of bonds:   Nobody minde…

April 29, 2008

Emerging Markets
Borders still matter; “the world isn’t as flat as it used to be”

On Monday, Bob Davis of the Wall Street Journal argued that the world isn’t flat, or at least it “isn’t as flat as it used to be.” National borders matter more. Barriers to the free flow of go…

April 20, 2008

Economics
Inequality in America

Unions in the American manufacturing sector used to have the bargaining power to secure a middle class wage for their members. Not any more. And no one else – apart from corporate CEOs, hedge fu…

June 3, 2011

Military Operations
Cyber Attacks and Military Responses

Today, Secretary of Defense Robert Gates is attending the tenth annual Asian Security Summit, also known as the Shangri-La Dialogue. On the sidelines of the sessions, Secretary Gates is scheduled to …

July 19, 2011

International Law
Stopping Wartime Sexual Abuse—of Men

A Chadian refugee sits with his possessions in North Africa (Finbarr O'Reilly/Courtesy Reuters) Today, the Internationalist would like to draw your attention to a disturbing phenomenon ignored b…

Stopping Wartime Sexual Abuse—of Men