97 Results for:

June 15, 2018

Taiwan
China-Taiwan Relations

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

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

June 12, 2018

Palestinian Territories
Prince William (and the Foreign Office) in Jerusalem

I’ve written many times about the British royal family’s remarkable record of refusing to make an official visit to Israel while making scores of visits to Arab capitals. That will change in a matter…

June 8, 2018

Asia
A Counterpoint: Why the Location of the Trump-Kim Summit Won't Determine the Outcome

By Hunter Marston Many analysts have noted the advantages Singapore provides as a setting for the upcoming summit between U.S. President Donald J. Trump and North Korean leader Kim Jong-un. As Jos…

Trump-Singapore_10.23.2017

May 8, 2018

China
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.

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

April 24, 2018

International Economic Policy
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…

Asia's Central Banks and Sovereign Funds Are Back

March 9, 2018

China
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…

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

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…

October 20, 2017

China
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.

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

September 28, 2017

China
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 …

The IMF’s China Problem

July 3, 2017

China
Strong Evidence That China's Tourism Deficit Is Overstated

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

Strong Evidence That China's Tourism Deficit Is Overstated