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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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September 16, 2005
United States
Has the US outsourced creative thinking about external adjustment to … France?
Many have noted that President Bush likes French-style vacations. Not so many have noticed that French economists have been at the forefront of thinking about the US current account deficit, and the…
June 30, 2005
United States
US net foreign debt on track to rise to $3.7 trillion, 30% of US GDP, at end of 2005
That, of course, that is not what the Bureau of Economic Analysis reported today. Rather, the BEA reported that at the end of 2004, the net external debt of the US (with FDI at market value) was onl…
January 3, 2006
United States
Dark matter watch
Ok, not real dark matter. Hausmann and Sturzenegger defined "dark matter" as the difference between the assets (or liabilities) implied by US "income" payments, and the United States net internatio…
March 6, 2008
Colombia
Rodriguez: Chavez Using Attack on FARC to Bolster Diminishing Popularity
Francisco R. Rodriguez, an expert on Venezuelan affairs, says the show of force by Venezuelan President Hugo Chavez after the Colombian incursion into Ecuador is an attempt to bolster his declining p…
October 22, 2006
Monetary Policy
Yet more evidence China has far more reserves than it needs … courtesy of Olivier Jeanne and Romain Ranciere of the IMF
Francophone economist working in the US seem to be on something of a roll. Olivier Blanchard (with Giavazzi and Sa) has developed an interesting model for US current account adjustment. Helene Rey…