610 Results for:

April 24, 2006

RGE pays my salary, not the IIE — and I am not exactly a true believer in dark matter

Patrick Smith seems to be based in Hong Kong, so I guess I can forgive him for thinking I work for the IIE (the Institute for International Economics).  The IIE is a great place, but they , alas, don…

May 7, 2006

United States
Searching for the origins of dark matter

Hausmann and Sturzenegger, if nothing else, have spurred a lot of work with a catchy title and a bit of clever accounting. We now know that:Dark matter stems more from low (reported) returns on forei…

image002

May 18, 2006

United States
If Zambia can create assets that appeal to US investors …

It seems like some investors in the US are dabbling in Zambian t-bills.   Or at least were until a few days ago.  The flow of private money from the US to many emerging economies is one reason why I …

May 30, 2006

China
China probably holds over 70% of its reserves in dollars

Or, rather, it almost certainly held at least 70% of its reserves in in June 2005.   At the end of June 2005, China’s reserves – counting reserves transferred to the state banks – were around $770b. …

June 14, 2006

United States
Disappearing Debt

I have already commented extensively on Daniel Gros’ argument that the US balance of payments data seems to suggest that US firms reinvest a lot of their overseas earnings, while foreign firms reinve…