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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…

May 20, 2008

China
Stein’s law, China edition ... What can not go on forever

Back in 2005, the rise in the ratio between home price and rents, the unusual rise in real home prices and the rise in household debt relative to income seemed, at least according to some, to be an…

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March 5, 2008

China
What can not go on forever seems to be going on forever: China’s amazing January reserve growth

Let’s just say that Wang Qishan has his work cut out for him.Reuters reports that China’s reserves increased by $61.6b in January alone. That is a stunning sum. $60b is roughly the size of the US m…

July 6, 2007

Emerging Markets
One more reason China and Russia are not quite as welcoming to foreign direct investment these days…

They don't need the money.Deborah Solomon's interesting A1 Wall Street Journal story about the US Treasury's concerns that the world may not be quite as open to US direct investment as it used to be …