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April 24, 2006

RGE pays my salary, not the IIE — and I am not exactly a true believer in dark matter

Patrick Smith seems to be based in Hong Kong, so I guess I can forgive him for thinking I work for the IIE (the Institute for International Economics).  The IIE is a great place, but they , alas, don…

September 16, 2005

United States
Has the US outsourced creative thinking about external adjustment to … France?

Many have noted that President Bush likes French-style vacations.  Not so many have noticed that French economists have been at the forefront of thinking about the US current account deficit, and the…

Has the US outsourced creative thinking about external adjustment to … France?

January 3, 2006

United States
Dark matter watch

Ok, not real dark matter.   Hausmann and Sturzenegger defined "dark matter" as the difference between the assets (or liabilities) implied by US "income" payments, and the United States net internatio…

October 22, 2006

Monetary Policy
Yet more evidence China has far more reserves than it needs … courtesy of Olivier Jeanne and Romain Ranciere of the IMF

Francophone economist working in the US seem to be on something of a roll.   Olivier Blanchard (with Giavazzi and Sa) has developed an interesting model for US current account adjustment.  Helene Rey…

February 1, 2011

Diplomacy and International Institutions
ElBaradei’s New Tune

Mohamed ElBaradei speaks to protesters at Tahrir Square in Cairo. (Asmaa Waguih/courtesy Reuters) Helene Cooper and Scott Shane have a piece in today’s New York Times noting that Egyptian opposition…

Mohamed ElBaradei speaks to protesters at Tahrir Square in Cairo

May 13, 2011

Defense and Security
Friday File: Will We Come to Regret the Raid on Abbottabad?

A policeman walks in front of Osama bin Laden's Abbottabad compound. (Faisal Mahmood/courtesy Reuters) Above the Fold. Actions, even virtuous ones, have consequences. Sometimes those consequenc…

A policeman walks in front of the compound where al-Qaeda leader Osama bin Laden was killed in Abbottabad.

May 25, 2011

South Africa
The Democratic Alliance and South Africa’s Local Elections

A woman casts her vote during the South African municipal elections in Soweto May 18 2011. (Siphiwe Sibeko/Courtesy Reuters) Since 1948 when the National Party came to power and imposed apartheid, t…

A woman casts her vote during the South African municipal elections in Soweto May 18 2011. (Siphiwe Sibeko/Courtesy Reuters)

September 28, 2011

Sub-Saharan Africa
South Africa: Opposition Makes Unemployment a Political Issue

Democratic Alliance (DA) leader Helen Zille is welcomed by her supporters during an election campaign in Soweto May 6, 2011. South Africans will vote in municipal elections on May 18, 2011. (Siphiwe …

South Africa:  Opposition Makes Unemployment a Political Issue

March 23, 2012

Friday File: Cherry Trees Blossom in Washington, DC

Above the Fold. Washington, DC, owes a huge debt of gratitude to Tokyo. It was one hundred years ago next Tuesday that Japan’s largest city gave our nation’s capital 3,000 cherry trees to plant along…

The cherry blossom trees around the Tidal Basin are in full bloom in Washington, DC. (Larry Downing/Courtesy Reuters)

May 20, 2011

South Africa
South Africa’s Municipal Elections: Initial Impressions

Democratic Alliance (DA) leader Helen Zille casts her vote during the South African municipal elections in Cape Town May 18, 2011. (Sumaya Hisham/Courtesy Reuters) While formal results are not expec…

South Africa’s Municipal Elections: Initial Impressions