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December 22, 2023

Venezuela
Venezuela: The Rise and Fall of a Petrostate

Venezuela’s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries.

People walk past an oil-themed mural in Caracas, Venezuela.

February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

October 2, 2006

United States
Daniel Gross is right …

The increase in the interest bill of the US government is an underreported story.   The CBO reports that FY 2006 interest payments will be about $40b more than FY 2005 payments.  And that trend is se…

October 27, 2005

United States
Some thoughts on the Bill Gross blog

Fitzgerald now has an office above the TREASURY Starbucks?!? UPDATE: Guess not.  Fitzgerald is still across the street from the Treasury Starbucks.And Bill Gross is hip.  He is a BLOGGER. He does not…

December 3, 2012

Cuba
Alan Gross Begins His Fourth Year in a Cuban Prison

Alan Gross begins his fourth year in a Cuban prison tomorrow, having been jailed on December 3, 2009.  The State Department issued a good statement:   Tomorrow Alan Gross will begin his fourth ye…

June 30, 2009

Economic Crises
Gross or Net International Financial Flows

Overview Many analysts, including Chairman Ben Bernanke of the Federal Reserve, have argued that global imbalances are an important causal factor of the global financial crisis. But it is not the …

Gross or Net International Financial Flows header