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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June 9, 2017
Japan
Yes Virginia, Exchange Rates Matter (The Case of Japan)
Since the end of 2012, the yen has depreciated significantly and the dollar has appreciated significantly. Enough time has passed to look at how U.S. and Japanese exports have responded to these exch…
March 18, 2024
NATO (North Atlantic Treaty Organization)
What Is NATO?
The alliance is bolstering its military deterrent in Europe amid Russia’s invasion of Ukraine and has expanded to include Finland and Sweden.
April 17, 2024
Terrorism and Counterterrorism
Preventing U.S. Election Violence in 2024
Violence around U.S. elections in 2024 could not only destabilize American democracy but also embolden autocrats across the world. Jacob Ware recommends that political leaders take steps to shore up …
June 23, 2009
United States
Yes Virginia, there was an international financial crisis in 2007 and 2008
Now that the markets have lost a bit of their froth, it seems fitting to note just how sharply trade -- and private financial flows -- have contracted over the past year. The US q1 balance of paym…
September 2, 2008
Monetary Policy
Yes, Virginia – Creditors do sometimes get a vote …
This is Brad Setser again. Thanks to Christian Menegatti and Rachel Ziemba for filling in when I was away. It is only fitting to return with one of my pet themes: central bank demand -- or rather,…
June 21, 2007
Financial Markets
Yes, Virginia, exchange rates do matter (JPY edition)
The yen depreciates. Against the dollar, bien sur. But especially against the euro and other European currencies. Guess what happens?Japanese exports to Europe rose by nearly 18% (y/y) in May…