Dan Drezner and David Altig are waxing enthusiastic about China's decision to allow domestic banks to trade the RMB forward - a development that in theory will help Chinese firms to better "hedge" th…

Anantha Nageswaran of Libran Asset Management in Singapore has submitted a set of (lengthy) comments that respond, in some sense, to many of the points I and others have raised on this blog.   Check …

David Wessel writes in today's Wall Street Journal: "Germany, alas, is showing few signs of a Japanese style rebound.  It is, essentially, relying on lower wages to make exports more competitive beca…

Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…

Last weekend's Los Angeles Times (via the Economist's View) article on Bush's advisory commission made it pretty clear that at least one member of the commission, Charles Rossotti, had  tax breaks fo…