413 Results for:

August 11, 2005

China
China’s economy in 2005 is not what it was in 2000

China always has depended on export-led growth.   It is a core reason why China has been so successful.  China is just trying to hold on to the core of its success in the face of political pressure f…

Exports to GDP

August 22, 2005

Capital Flows
The Wall Street Journal oped’s page idea of a “serious” policy on Iran …

Is to keep Iran out of the World Cup (see Monday's Wall Street Journal).    That is serious?Moscow's boycott of the Los Angeles Olympics had such a profound impact on US policy ... How about …

September 1, 2005

Economics
Some thoughts on Katrina and the economy

I understand the reasoning behind the standard argument that big storms have less impact on an economy - particularly a large and diverse economy - than one would expect looking at the scale of the d…

September 16, 2005

United States
The q2 current account deficit and global adjustment

Some days are marked by a surplus of good material.   The TIC data.  The second quarter current account data.  DeLong's magnus opus on what the great and good talked about on the margins of Jacks…

October 17, 2005

China
The US government has no idea what China intends to do with its exchange rate …

This Financial Times articles by Andrew Balls and Richard McGregor is worth reading.  It makes two key points:1. China did not give the US any hints what it plans to do next with its currency next.  …

October 28, 2005

China
A new Chinese oil strategy? Buy into BP and other oil majors

I think this is potentially very good news.   It is not quite Tom Barnett's scenario - that would imply BP and Exxon buying up Chinese oil firms or building infrastructure to supply the Chinese m…

January 17, 2006

United States
Where is the trade deficit heading? How I differ from Justin Lahart (and a few others)

Justin Lahart (of the Wall Street Journal's Ahead of the Tape column) correctly called the fall in the monthly trade deficit last Thursday. But he - channeling Jim Griffin of ING investment manag…

February 21, 2006

Emerging Markets
Frederick Kempe of the Wall Street Journal gets an awful lot of things wrong

As, I suspect, does Joseph Quinlan of the Bank of America- the source of much of Kempe's analysis.   Kempe's core argument: consumers in emerging markets are driving global demand.   Hi…

February 28, 2006

China
Read Richard McGregor’s FT article on China

I follow the data coming out of China pretty closely, at least for someone whose linguistic limitations crimp any long-term ambitions to be a professional China Watcher.     Not every article on Chin…

March 30, 2006

United States
Read Barry Eichengreen

Eichengreen provides the best summary I have seen of competing views on the sustainability of large US trade deficits, along with the impact of sustained trade deficts on US external debt and the inv…