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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September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
February 17, 2005
The Achilles Heel of Cowboyeconomics
The Wall Street Journal says everyone in the world would benefit from a dose of Cowboyeconomics. You know, exporting tons of debt, to support consumption growth well in excess of income growth ... …
June 11, 2012
Defense and Security
Ask the Experts: Preventing Sexual Violence
Last week, forty members of Congress re-introduced the International Violence Against Women Act (I-VAWA). As Amnesty International’s Cristina Finch explains, the I-VAWA “would coordinate and improve …
October 18, 2006
Monetary Policy
The impact of central bank demand on US bond yields.
In late 2004 and early 2005, Nouriel and I estimated that the actions of foreign central banks might be holding US yields down by as much as 200 bp. That estimate found its way into Pam Woodall’s Eco…