8 Results for:

January 18, 2007

Financial Markets
Do lower oil prices mean the end of the saving glut?

That is question Justin Lahart raises in his Wall Street Journal column. His answer is a qualified yes.  I would answer with a qualified maybe.  Or maybe with a muted yes.   The oil exporters have sh…

January 11, 2007

Financial Markets
Cracks in the GCC’s commitment to the dollar peg?

From Simon Derrick of the Bank of New York. Reuters reports that central bank governors of the UAE will meet in March to discuss currency pegs. The agency cites Governor Sultan Nasser al-Suweidi wh…

January 7, 2007

Monetary Policy
Dollar and euros — not dollars or euros. And more dollars than euros in 2006

I have every incentive in the world to find evidence that central banks have diversified away from the dollar.   I like being right as much as the next guy.   Back in early 2005, Nouriel and I -- bui…

dollar_euro_reserves_1

February 1, 2013

Economics
Mexico’s Democratic Malaise

During Mexico’s 2012 presidential election, many political pundits voiced their fears that the PRI’s return would bring a resurgence of the country’s less democratic past. According to new polling da…

Democracy FA - LAM