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April 5, 2022

Japan
Glen S. Fukushima: Japanese Capitalism and Its Lessons for the United States

Among G7 countries, Japan and the United States are the polar extremes in the type of capitalisms they represent. Although Japan today faces challenges of its own, its experience offers some lessons …

Japan LDP debate organized by younger and female members

May 4, 2008

Financial Markets
The Economist and Goldman on oil and the dollar

I liked the lede of this week’s economist story on the Fed, the dollar and oil: “THE spirit of St Augustine hovered over the Federal Reserve this week. “Oh Lord, let us stop cutting interest rates…

February 18, 2007

China
Goldman: PBoC using swaps to limit reserve growth

Goldman seems to have confirmed something that I -- and, for that matter, Stephen Green of Standard Chartered and Louis Kuijs of the World Bank -- have suspected for a while: China's "true" reserve g…

October 29, 2006

China
Goldman economic research v. the Economist (Drivers of Chinese growth)

I, obviously, liked this week’s Economist article on China quite a bit.  So I really shouldn't still be writing about last week’s article on Chinese consumption growth.  That article argued that cons…