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 18, 2006
Monetary Policy
China’s future?
The Bank of Korea is taking ongoing losses on its reserve holdings. South Korea's central bank may have a loss of as much as 3 trillion won ($3.1 billion) in 2006 because of interest costs from …
November 21, 2006
Europe
The booms in Spanish and Irish real estate make the US real estate boom look timid
I have outsourced Thanksgiving blogging to Charles Gottlieb of the Center for European policy studies in Brussels. (Charles.gottlieb at ceps.be)His topic: The Spanish and Irish housing booms (or bu…
December 23, 2006
United States
Malpass on the US trade deficit …
Tis the season to be compassionate. And I guess that also applies to those who are allowed to grace the Wall Street Journal’s oped page – The opinions there rarely come as much of a surprise. …
April 6, 2007
Immigration and Migration
High Tide for Mexican Immigration
I wrote an op-ed for the Los Angeles Times yesterday that has received a fairly strong response (you can find it here). Many responders - understandably - concentrate on the current effects of illeg…
April 13, 2008
Emerging Markets
Case closed: A savings glut, not an investment drought
The data at the back of the IMF’s latest WEO (table A16) indicate that the emerging world’s savings surplus stems from a “glut” of savings, not a “drought” of investment. In 2007, the savings rate o…
