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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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July 15, 2006
Capital Flows
A new club of creditors …
Andrew Rozanov – a senior manager in the official institutions group of State Street Global Advisors – thinks America’s creditors in Asia and the oil producing world should create a club (sort of lik…
July 17, 2006
Budget, Debt, and Deficits
Edmund Andrews’ article on tax revenue volatility is a gem
Credit should be given where credit is due. I have a few quibbles with the lead of Andrews’ article. Even if it sets up a compare and contrast, I never like anything that starts with “It was enough …
August 16, 2006
Economics
PIMCO is betting on the continuation of Bretton Woods 2
At least that is how I read the latest Paul McCulley/ Andrew Balls paper. By the way, Andrew Balls, welcome to the world of financial opinion journalism … otherwise known as economic analysis and m…
August 18, 2006
United States
Dollar depreciation has increased exports. But Andrew Tilton is also on to something … to export you need to invest in your export sector
US exports are enjoying their strongest three-year period of growth since 1987-89. If growth rate of the first half of the year is sustained, the cumulative increase in US exports between the end …
September 21, 2006
China
Why China’s $1 trillion in reserves are unlikely to be of much use in a banking crisis
It is rather hard to read Andrew Browne’s report of the building boom in Zhengzhou in last week’s Wall Street Journal --- or for that matter many other accounts of China’s current investment boom – a…