73 Results for:

May 7, 2005

Economics
The US economy, in a nutshell?

90s: Hi-tech.00s: Real estate.Check out this nugget from the Washington Post (emphasis added):"Jackpot" is how Ileann Jimenez-Sepulveda describes it. Like Klein, she bought a house in Columbia Height…

May 18, 2005

China
Containing China with money borrowed from China

I sometimes find grand geostrategic commentary a bit amusing, in part because there is so little overlap between geostratists and economists. I think Tom Barnett gets some aspects of the global flo…

May 30, 2005

United States
Memo to Kirstof: China has some responsibility for global imbalances too

Nick Kristof accuses the US -- Democrats in Congress in particular -- of scapegoating China, and blaming China for global economic problems (more accurately, the risk of global economic problems) tha…

June 7, 2005

China
Creditors, Debtors, Partners, Strategic Rivals, Mallaby, Pesek

Sebastian Mallaby is tired of the US blaming China for its own problems -- and notes, correctly, that the US hasn’t been terribly responsive to international criticism of its own policies.But who doe…

June 22, 2005

Capital Flows
The joys of being a creditor nation

China is on track to add between $250 and $300 billion to its reserves this year. That is a lot of money. Enough to have an impact on global bond markets. Enough to buy several oil companies. As…

August 17, 2005

Economics
It all comes down to oil and houses

Or  more precisely, how long the stimulus from rising house values (and the jobs created building and selling houses) can offset the drag of the (growing) oil tax.  Read John Makin in today's Wal…

October 25, 2005

United States
The Joint Economic Committee

Last Thursday, I had the opportunity to testify before the Joint Economic Committee on the US current account deficit, as part of the panel that followed Dr. Bernanke's testimony. I strongly s…

December 6, 2005

United States
Alan Greenspan, financial globalization, home bias and central bank reserves

The very last paragraph of Alan Greenspan's last speech on global imbalances seems to have generated the majority of the press that came out of his London speech on global imbalances.   I kind of…

home bias and central banks

December 11, 2005

Emerging Markets
My paper on Argentina and the Fund’s balance sheet paper: More residue from a former life

Before working on the US current account, Chinese reserve accumulation and petrodollars, I spent most of my time thinking about financial crises in emerging economies.   In early 2004, I worked prima…

January 13, 2006

United States
On the origins of dark matter

Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter.   Lots of others are too.   Michael Mandel for…

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