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March 8, 2009

Financial Markets
The shadow financial system – as illustrated in three new papers that cut through the London fog

Gordon Brown wants to shine a bit more light on the shadow financial system (hat tip IPEZone). One plank of his G-20 action plan is: "reform of international regulation to close regulatory gaps so …

April 7, 2011

Economics
Reviving Competition in Mexico’s Economy

In trying to explain why Mexico isn’t growing quickly, or "why it isn’t rich" as Gordon Hanson puts it in a great paper, there is much talk about economic concentration -- the monopolies and oligopol…

Mexico’s Total Factor Productivity Compared to Latin America and Asian Tigers (Source: Augusto de la Torre and Ana Cusolito,

October 17, 2011

Monetary Policy
Can Monetary Policy Mitigate The Effects of Oil Shocks? A Follow-Up

I wrote a week ago about an old paper by Bernanke, Gertler, and Watson (BGW) that attributed much of the impact of past oil price shocks to the response of monetary policy. Jim Hamilton followed up t…

December 16, 2011

You Might Have Missed: Drone Sales, Twitter Wars, and Admiral McRaven

U.S. military personnel lower their heads during the ceremony of the encasing of the U.S. Forces in Iraq colors on December 15, 2011 (Courtesy Reuters/Pool). - Adam Entous and Julian E. Barnes, “U.S…

U.S. military personnel lower their heads during the ceremony of the encasing of the U.S. Forces in Iraq colors in Baghdad on December 15, 2011 (Courtesy Reuters/Pool).

July 18, 2012

Sub-Saharan Africa
Question of the Week: China in Africa Part II

Is Chinese aid and investment a positive force for development in Africa? This is the second Question of the Week post about Chinese involvement in Africa. Last week, we focused on China’s South-Sou…

hu-jintao-jakaya-kikwete-question-of-the-week