147 Results for:

November 29, 2004

Financial Markets
Where is China keeping its reserves …

It is not too hard to figure out what Japan is doing with its reserves. From the beginning of 2003 to September 2004, Japan’s official reserves increased by $360 billion. Over that time frame, Japan…

November 12, 2004

Capital Flows
Geopolitics of a new G-7

There is a growing sense that the G-7 no longer is the right grouping for discussing today’s major international macroeconomic issues. It is hard to see, for example, how you can discuss "global reb…

December 26, 2004

Emerging Markets
Argentina in the boxing day New York Times

The IMF’s typical diagnosis of an emerging economies problem is "its mostly fiscal", or so the wonky saying goes. Larry Rohter of the New York Times makes the argument that Argentina’s post 2001 suc…

March 29, 2006

China
Exit Schumer and Graham, Enter Grassley and Baucus

Schumer-Graham won't be brought to a vote until September.   China's central bank governor Zhou must  be persuasive.  Maybe he plotted out where the RMB will likely be if China continues with…

November 3, 2005

Emerging Markets
What ever happened to US relations with Latin America?

One of the things that has fascinated me is that US-Latin America relations have soured so much under Bush's watch.  I think I am fascinated in part because I don't really buy the standard ex…

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…

March 14, 2006

United States
Why didn’t the current account deficit start to adjust in 2003? Will the adjustment start in 2006? And where are all the world’s reserves?

I think I can now welcome Brad DeLong to the "gloom and doom caucus, trade deficit division."  He joins some pretty good company:  Paul Volcker, Robert Rubin, Larry Summers, Warren Buffet, Martin Fel…

Why didn’t the current account deficit start to adjust in 2003?   Will the adjustment start in 2006? And where are all the world’s reserves?

April 18, 2006

China
Not working — China’s attempts to rebalance its economy

China's leaders talk of rebalancing the basis for Chinese growth, shifting from exports and investment to consumption.   That makes a lot of sense to me.  China's economy is every bit as unba…

March 26, 2006

Monetary Policy
Summers on reserves, exchange rates, the international financial architecture and other big topics close to my heart

Larry Summers has always believed that capital should flow from the already rich and aging societies that constitute the current core of the world economy to the poor and young countries on the perip…

November 22, 2005

United States
Paul Blustein should have his own blog

Or at least a column in the Washington Post!He answered questions about the trade deficit yesterday at the Washington Post's webpage.   The questions were good, the answers were even better.But I…