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July 2, 2012

Politics and Government
Hola, Enrique Peña Nieto: President-Elect of Mexico

Enrique Peña Nieto had a very good weekend. While Americans were grumbling about record-breaking heat and residents of Washington, D.C., were learning to live without air conditioning because powerfu…

lindsay pena nieto 2012 07-02

May 7, 2012

Defense and Security
Hello, François Hollande: President of France

Streaks are made to be broken. After seventeen years on the outside looking in, a Socialist Party candidate has finally returned to the French presidency. François Hollande defeated Nicolas Sarkozy b…

Hollande-France-President-20120507

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01

February 25, 2013

Politics and Government
Hello, Park Geun-hye: President of South Korea

Glass ceilings are made to be broken. And today Park Geun-hye smashed one when she became the first woman to be sworn in as president of South Korea. Park defeated her left-of-center opponent, Moon J…

South Korea's new president Park Geun-hye salutes the national flag during her inauguration (Lee Jae-Won/Courtesy Reuters).