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April 18, 2005

Financial Markets
Tactical Issue Linkages

Dan Drezner has an interesting post up, laying out the components of a "serious" approach to encouraging (or pressuring) China to change its exchange rate peg. He nicely lays out the options, thoug…

June 20, 2005

United States
Setser and Roubini respond to Levey and Brown: deficits do matter

The current issue of Foreign Affairs contains the rebuttal that Nouriel and I wrote to the David Levey and Stuart Brown’s "Current account deficits do not matter" article that appeared in the March/…

July 10, 2005

China
Has a slowing Chinese economy eliminated domestic pressure for a renminbi revaluation?

Alan Greenspan told Senators Schumer and Graham that China would soon make its currency regime more flexible, and that they should hold off. They no doubt took "flexible" to mean "let its currency ap…

July 19, 2005

Calculated Risk might want to start looking at the Netherlands

Calculated Risk has long argued that those wanting to peer into crystal ball and see the future of the US economy should look at Britain -- since Britain’s housing boom started before the US boom, an…

October 14, 2005

Financial Markets
Are tax breaks for houses at risk?

Last weekend's Los Angeles Times (via the Economist's View) article on Bush's advisory commission made it pretty clear that at least one member of the commission, Charles Rossotti, had  tax breaks fo…