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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July 5, 2012
Military Operations
How the Obama Administration Justifies Targeted Killings
Despite almost ten years of operations and nearly four hundred airstrikes that killed an estimated three thousand people (both militants and civilians), both the Bush and Obama administrations have p…
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…
February 26, 2008
Capital Flows
Regulating sovereign wealth funds: does the US have any leverage?
Bob Davis’ Wall Street Journal article - which reports that the US Treasury is pushing Singapore and Abu Dhabi to increase their transparency and to signal that their funds will be managed commercial…
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…
