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July 2, 2012

Politics and Government
Hola, Enrique Peña Nieto: President-Elect of Mexico

Enrique Peña Nieto had a very good weekend. While Americans were grumbling about record-breaking heat and residents of Washington, D.C., were learning to live without air conditioning because powerfu…

lindsay pena nieto 2012 07-02

February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightl…

December 18, 2007

United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…

setser_gross_private_flows_01

March 8, 2009

Financial Markets
The shadow financial system – as illustrated in three new papers that cut through the London fog

Gordon Brown wants to shine a bit more light on the shadow financial system (hat tip IPEZone). One plank of his G-20 action plan is: "reform of international regulation to close regulatory gaps so …

December 26, 2013

Defense and Security
Ten Americans Who Died in 2013 Who Shaped U.S. Foreign Policy

Year’s end is a time for taking stock, counting successes, and assessing failures. It is also a time for remembering those who are no longer with us. Here are ten Americans who died in 2013 who throu…

American flags fly at half mast. (Jonathan Ernst/Courtesy Reuters)

April 29, 2008

Emerging Markets
Borders still matter; “the world isn’t as flat as it used to be”

On Monday, Bob Davis of the Wall Street Journal argued that the world isn’t flat, or at least it “isn’t as flat as it used to be.” National borders matter more. Barriers to the free flow of go…

November 15, 2005

Economics
RGE Econoblog with Sebastian Mallaby

OK, not a true Wall Street Journal style Econoblog.   But Sebastian Mallaby of the Washington Post noted my response to his October 31st column, and has agreed to allow me to publish our email exchan…

November 2, 2012

China
Review: ’A Contest for Supremacy’ by Aaron Friedberg

In the spring of 2010, after years of relative quiet in the South China Sea —the strategic body of water separating southeastern China from Southeast Asia, and including regions disputed by at least …

In ‘A Contest for Supremacy,’ Aaron Friedberg portrays the United States and China as almost fated to wind up in conflict, and suggests Beijing is already lapping Washington in preparing for such a fight (Aly Song/Courtesy Reuters).

May 11, 2009

Emerging Markets
Sovereign bailout funds, sovereign development funds, sovereign wealth funds, royal wealth funds …

The classic sovereign wealth fund was an institution that invested a country’s surplus foreign exchange (whether from the buildup of “spare” foreign exchange reserves at the central bank or from the …

February 28, 2007

China
Why is China’s government trying so hard to hold down China’s current living standard? And investing so much of China’s savings in depreciating assets?

Dr. DeLong is engaged is a rather spirited debate over at TPMCafe – one that mirrors the debate inside the Democratic party.  It is a debate over trade, but it also is a debate over US grand strategy…