7 Results for:

November 2, 2016

China
Can China Reduce Its National Savings Rate with More Social Insurance?

Andrew Batson recently pushed back a bit against my attempt to frame one of China’s core macroeconomic problems as “too much savings.” He argues that policies to bring down savings have been tried in…

July 5, 2012

China
The Other China

It appears that 2012—like every year in recent history—will yield a bumper crop of new China books. In the past few weeks, three have come across my desk—Dambisa Moyo’s Winner Take All,  Zhou Xun’s T…

A Chinese labourer waits for a job at the Chaotianmen Port along the Yangtze River in downtown Chongqing on December 3, 2000.

May 7, 2012

Defense and Security
Hello, François Hollande: President of France

Streaks are made to be broken. After seventeen years on the outside looking in, a Socialist Party candidate has finally returned to the French presidency. François Hollande defeated Nicolas Sarkozy b…

Hollande-France-President-20120507

October 20, 2011

United States
The Death of Qaddafi

Residents celebrate at Martyrs square in Tripoli October 20, 2011 after hearing the news that former leader Muammar Gaddafi was killed in Sirte (Ismail Zetouni/Courtesy Reuters). On the second eveni…

Residents celebrate at Martyrs square in Tripoli October 20, 2011 after hearing the news that former leader Muammar Gaddafi was killed in Sirte (Ismail Zetouni/Courtesy Reuters).

February 1, 2011

Fossil Fuels
An Awful New Industry Talking Point

The New York Times reports this morning on the perennial battle over energy subsidies. In addition to a lovely quote from this blog, the Times has this from American Petroleum Institute (API) preside…

May 12, 2008

Capital Flows
Sovereign Economic Development Funds ….

Sovereign funds argue that they are only interested in financial returns. And to be sure, they do care about financial returns. Losing money generally isn’t good for a sovereign fund’s long-term h…

April 24, 2008

Capital Flows
Adapting to the state’s growing role in global equity markets

Central bank purchases of traditional reserve assets still dwarf sovereign wealth fund purchases of riskier assets -- as well as central bank purchases of equities. But over time, it is reasonable …