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…
January 5, 2005
Capital FlowsAct one: Tsunami. A few well-timed comments on stinginess produced an outpouring of aid.Act two: The UK plans a "development" G-8 summit. The summit won’t happen for a while, but the real negotiati…
January 10, 2005
United StatesKevin Drum brought the latest National Review "trade deficits do not matter" article to my attention today. I learned a few things, namely that Steven Roach is part of a media misinformation campaig…
January 24, 2005
Budget, Debt, and DeficitsApparently the Federal Reserve is beginning to worry that the Administration is not all that serious about reducing the fiscal deficit ... Wonder why. It seems like Martin Feldstein’s concerns abou…
January 25, 2005
Emerging MarketsDavid Sanger goes back to his roots as the New York Times’ Treasury correspondent, and outlines the tensions that the dollar’s slide over the past few years has created. Sanger digs up a bunch of ol…
February 16, 2005
EconomicsJohn Plender of the Financial Times has a nice (subscription only) survey of the risk that "systemic risk" (think LTCM/ 1998) may make an unwelcome comeback. Plender’s analysis clearly draws on New …