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February 2, 2017

United States
Dark Matter. Soon To Be Revealed?

The debate around the House Republicans’ proposal for a border adjusted (destination-based cash flow) tax will, I think, force an important debate about the impact of corporate tax strategies on glob…

fdi-income-v-debt-payments-gdp-share
Blog Post by Brad W. Setser Follow the Money

March 14, 2006

United States
The 2005 (and 2006) current account deficit

The 2005 current account deficit: $805 billion. or 6.4% of US GDP That is a bit smaller than I expected.    The q3 deficit was revised down.  Reinsurance payments were higher than initially foreca…

Blog Post by Brad W. Setser Follow the Money

September 14, 2007

United States
The q2 US current account data

The q2 US current account data poses two puzzles. The first is the sharp drop off in official inflows in q2.   They fell from $150b in q1 to $70b in q2.   That fall was, incidentally, offset – mechan…

official_flows_1_q2_07
Blog Post by Brad W. Setser Follow the Money

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…

Blog Post by Brad W. Setser Follow the Money

February 16, 2005

Iraq
IRAQ: The Regime’s Debt

This publication is now archived. What is the status of the administration’s Iraq debt-reduction plan?Presidential envoy James A. Baker III, a former U.S. secretary of state, visited Japan and China …

Backgrounder by Esther Pan