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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July 1, 2013
Asia
Emerging Voices: Jessica Seddon on Do-It-Yourself Governance in India
Emerging Voices features regular contributions from scholars and practitioners highlighting new research, thinking, and approaches to development challenges. This article is from Jessica Seddon, foun…
January 20, 2008
United States
The United States, on sale
The front page of the Sunday New York Times had a long article by Peter S. Goodman and Louise Story. But Maureen Dowd is a better barometer of the cultural zeitgeist that news page: today’s column …
November 17, 2016
China
China’s October Reserve Sales, And A New Reserves Puzzle
My preferred indicators of Chinese intervention are now available for October, and they send conflicting messages. The changes in the balance sheet of the People’s Bank of China (PBOC) point to si…
October 24, 2016
China
China’s September Reserve Sales (Using the Intervention Proxies)
The most valuable indicators of China’s intervention in the foreign exchange (FX) market are now out, and both point to a pick-up in sales in September, and more generally in Q3. The data on F…
May 31, 2016
China
What Drove China’s Large Reserve Sales?
China never was going to transition from one of the most heavily managed currencies in the world to a free float overnight. The critical question always has been how China is going to manage its curr…
