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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April 7, 2006
Financial Markets
Reality-based analysis of the oil exporters’ contribution to an unbalanced world
I am not a big fan of arguments not well grounded in data.Like the now immensely outdated argument that China's bilateral surplus with the US is offset by bilateral deficits elsewhere. Right now Ch…
December 5, 2006
Americas
Welcoming Latin America's New Left
Over the last eighteen months Presidential elections occurred in twelve Latin American countries. While Hugo Chavez and his anti-American tirades grab most of the headlines, these elections actually …
April 15, 2007
United States
Unimpressive (the results of the IMF’s experiment with multilateral consultation)
Macro Man asked the IMF to sort out a world where the US current account deficit is increasingly financed by the growth in emerging market reserves (and the expansion of a few investment funds). …
May 6, 2007
Americas
The Return of Inflation
The one area of real triumph for market-oriented reforms in Latin America was inflation. Unlike the uneven record on poverty, inequality, and economic volatility, structural adjustment and austerity …
June 1, 2010
Immigration and Migration
Testimony: Next Steps for the Mérida Initiative
On May 27th I testified at a joint hearing of the House Committee on Homeland Security’s Subcommittee on Border, Maritime, and Global Counterterrorism and the Committee on Foreign Affairs’ Subcommitt…
