Council of Councils
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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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September 17, 2007
Financial Markets
The first true twenty-first century financial crisis?
Larry Summers – picking up on a phrase perhaps first used by Michel Camdessus -- liked to call the Mexican crisis the first financial crisis of the 21st century. Mexico’s decision to exhaust its re…
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…
June 5, 2013
Defense and Security
Hello, Susan Rice: National Security Adviser
When one door closes another one opens. Susan Rice can certainly vouch for that pithy piece of advice. Early last fall the U.S. ambassador to the United Nations looked to be a shoe-in to succeed Hill…
April 15, 2007
United States
Unimpressive (the results of the IMF’s experiment with multilateral consultation)
Macro Man asked the IMF to sort out a world where the US current account deficit is increasingly financed by the growth in emerging market reserves (and the expansion of a few investment funds). …
March 5, 2012
Russia
Hello (Welcome Back): Vladimir Putin, Russian President
He’s baaaaaccck! Vladimir Putin, who stepped down in 2008 as Russia’s president after serving two terms, won yesterday’s Russian presidential election going away. He captured a reported 64 percent of…
