75 Results for:

June 15, 2018

Taiwan
Military honor guards lower the Taiwanese flag, at Liberty Square, in Taipei, Taiwan. China-Taiwan Relations

Differences over Taiwan’s status fuel tensions between the island and mainland, yet cross-strait economic ties continue to deepen. 

May 8, 2018

China
Disaggregating the Fall in China's Current Account Surplus Since 2007 Disaggregating the Fall in China's Current Account Surplus Since 2007

China's current account surplus is almost certainly about $100 billion larger than officially reported, and the falling current account surplus masks a persistent manufacturing surplus.

April 24, 2018

International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back Asia's Central Banks and Sovereign Funds Are Back

East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…

March 9, 2018

China
China’s Own Goal: An Unnecessary and Counterproductive (on-budget) Fiscal Consolidation China’s Own Goal: An Unnecessary and Counterproductive (on-budget) Fiscal Consolidation

China seems to be aiming to cut its (central government) fiscal deficit to around 2.6 percent of GDP. That’s the new target—down from a three percent target last year (UBS think the actual deficit in…

October 20, 2017

China
China Bought Foreign Exchange in September (Just Not Very Much) China Bought Foreign Exchange in September (Just Not Very Much)

Analysis of the September intervention proxies for China and q2 Chinese balance of payments data.

June 5, 2005

Emerging Markets
Argentina completed its bond exchange (and my paper with Anna Gelpern on Argentina is now available too)

Some things do change. For the first time in a long time, Argentina is paying its international bonds. It completed its bond exchange last week, delivered the new bonds to its investors, and made t…

September 28, 2017

China
The IMF’s China Problem The IMF’s China Problem

Giving macroeconomic policy advice to a country that saves 46 percent of its GDP is hard. Imprudent domestic policies help limit large external (trade) imbalances, and more prudent domestic policies …

July 3, 2017

China
Strong Evidence That China's Tourism Deficit Is Overstated Strong Evidence That China's Tourism Deficit Is Overstated

Comments on an important new Federal Reserve Working Paper by Anna Wong

August 30, 2017

Eurozone
Germany Cannot Quit Fiscal Consolidation Germany Cannot Quit Fiscal Consolidation

Fiscally Driven Rebalancing Turns Out to Be Hard

April 25, 2017

Development
Women-nepal-earthquake_RTX2B8EU Women Rebuild Nepal Post-Earthquake

Voices from the Field features contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is authored by Anna Applebaum …