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February 24, 2009

Monetary Policy
Abu Dhabi’s tentative bailout of Dubai …

The UAE’s central bank will apparently use $10 billion of its foreign exchange reserves to buy $10 billion of a (planned) $20 billion Dubai debt issue. That will provide Dubai with $10 billion in fo…

April 1, 2013

Asia
Myanmar: Listen to the Warnings

Over the past two weeks, anti-Muslim violence in Myanmar, which last year had seemed confined to the western state of Rakhine where the religious conflict was intertwined with issues of residency and…

Riot policemen form up near a fire during riots in Meikhtila on March 22, 2013.

July 25, 2006

China
A trillion dollars does tend to concentrate the mind …

Statistical agencies usually are not the authoritative source of information on a country’s reserve portfolio.  Nor do they usually comment on exchange rate policy or the investment decisions of a co…

June 6, 2012

Asia
Disturbing Signs of Myanmar’s Reforms Coming Undone

Over the past two weeks, there have been a number of signs that Myanmar’s fragile reform process, first put on track about a year and a half ago, is facing serious obstacles that, at times, have been…

Myanmar's President Thein Sein (pictured) abruptly canceled his visit to the recent World Economic Forum in Bangkok.

February 23, 2005

United States
Monty Python takes on Asian reserve accumulation

This is too good for me not to link to it.Billmon has reduced the Roubini-Setser critique of Bretton Woods 2 down to its essential elements.The Lex column in the Financial Times covers similar ground…