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 12, 2005
China
Show me the money (really, show me China’s reserves)
China's Alan Greenspan (Zhou Xiaochuan) has indicated China won't roil financial markets with "active composition adjustments of the foreign reserves." fine. But any central bank adding about $20 …
January 25, 2007
Emerging Markets
Et tu, Argentina?
Argentina apparently bought $2.1b in the foreign exchange market over the past three weeks. Brazil – if you are keeping tabs – bought around 3.65b. The southern cone seems to have joined Bretton W…
April 20, 2008
Economics
Inequality in America
Unions in the American manufacturing sector used to have the bargaining power to secure a middle class wage for their members. Not any more. And no one else – apart from corporate CEOs, hedge fu…
July 8, 2008
Financial Markets
The FT joins the chorus arguing against the Gulf’s dollar peg
The FT’s leader concisely summarizes the arguments against the Gulf’s peg to the dollar. "The UAE either keeps its currency pegged to the dollar, in which case too many dirhams will chase too few go…
November 20, 2008
Americas
Latin America and the Financial Crisis
Here is a piece I authored with my colleagues at the Council on Foreign Relations on the effects of the world financial crisis in Latin America. It originally appeared here. Latin America: Not So …
