Council of Councils
Think Global Health
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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August 23, 2007
Financial Markets
If the US Treasury doesn’t think the dollar is overvalued, can it also think that RMB is undervalued?
Christopher Swann of Bloomberg noticed the line in the IMF’s most recent Article IV report indicating that senior US officials objected the IMF’s conclusion – based on their model for equilibrium rea…
March 17, 2020
International Economic Policy
Addressing the Global Dollar Shortage: More Swap Lines? A New Fed Repo Facility for Central Banks? More IMF Lending?
There is a global scramble for dollars going on. It needs to be addressed through creative policies.
December 27, 2022
2022 in Review
Remembering Ten Americans Who Died in 2022
As 2022 comes to a close, here are ten Americans we lost this year who made a mark in foreign policy.
April 4, 2019
China
China's Coming Current Account Deficit?
Any economy that saves 45 percent of GDP will tend to run a current account surplus, China included. Keeping its current account surplus down takes extraordinary (though largely off-budget) fiscal ef…
May 15, 2017
China
China Still Wants To Import Commodities, Not Manufactures (Judging From The "Early Harvest" Trade Deal)
China tends to import natural resources—oil, iron ore, soybeans and the like. Now that China has a large industrial economy, it doesn't have much choice: China wasn’t blessed with a ton of oil or gas…
