139 Results for:

December 22, 2005

United States
Feldstein disagrees with Greenspan (politely)

I am a bit late here, John Berry reported on Martin Feldstein's paper on monetary policy in a world of more integrated global capital markets over a month ago.But it is still interesting to read …

January 9, 2006

United States
Martin Feldstein joins the dollar doomsday cult

Stephen Kirchner take note.  Alan Greenspan, too.  Dr. Feldstein thinks central banks -- and oil sheiks -- are behind a lot of private flows into the US.  And he doesn't seem convinced that this …

July 28, 2005

Emerging Markets
Argentina has found an easy way to keep its reserves from rising

Pay off the IMF. Argentina is one of the few countries whose reserves have been growing about as fast as China's.  It just started 2003 with about $10 b in reserves (and a ton of debt), whil…

October 16, 2006

United States
Christopher J. Dodd

12:15 – 1:00 p.m. Lunch1:00 – 2:00 p.m. Meeting

May 25, 2006

United States
You know, there are safe havens that do not have a current account deficit of $1 trillion …

Incidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion.   The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…

November 3, 2005

Emerging Markets
Bush has yet to meet a big IMF bailout he does not like …

Steve Clemons is surprised that Bush was not more hostile toward the IMF in a recent pre-Summit of the Americas press gaggle.  I am surprised that Steve Clemons is surprised.After all, as governor of…

December 18, 2005

Emerging Markets
First Brazil, now Argentina

Both Brazil and Argentina now want to repay the IMF before the end of the year.  Call it contagion of a different sort.  Turkey may not be far behind, given how much private money is now flooding int…

September 17, 2006

Economics
Too much to read …

I really liked Krishna Guha’s analysis of global imbalances that appeared in Wednesday’s FT.    His emphasis on the role of exchange rate adjustment in global rebalancing seemed right to me.  Exchang…

June 26, 2006

Americas
Latin America Update

Watch Latin America experts discuss developments in Latin America over the part year, particularly the Bolivian and Mexican elections.

November 28, 2005

Emerging Markets
No more Lavagna. What’s next for Argentina?

Two weeks ago I would have expected Brazil's Finance Minister to be forced out before Argentina's Finance Minister...   However, Palocci is a close ally of Brazil's Lula; Argentina's …