1,397 Results for:

September 16, 2005

United States
The q2 current account deficit and global adjustment

Some days are marked by a surplus of good material.   The TIC data.  The second quarter current account data.  DeLong's magnus opus on what the great and good talked about on the margins of Jacks…

September 18, 2005

United States
Synthetic CDOs, China and Systemic Risk

I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…

October 2, 2005

Europe
Germany 1, France 0? Plus some musings about the politics of globalization

I agreed with a lot of what Fareed Zakaria wrote about Germany - certainly I would agree that Germany has done a lot more reform than France over the past few years.Compare Germany with France. In Ge…

October 6, 2005

China
How many divisions does the IMF have?

So asks Andy Mukherjee of Bloomberg.  He wonders if IMF efforts to get China to allow its exchange rate to appreciate significantly would have exactly as much impact over Chinese policy as IMF effo…

October 16, 2005

China
Is Tim Adams a closet Democrat? And some other musings on Snow’s trip to China

Clearly not, given his role in the Bush/ Cheney 2004 campaign. But he also seems to think China should develop a social insurance system to help spur domestic consumption.   Read Friday's Wall St…

October 24, 2005

China
No one forced China to import US monetary policy: Commentary on yesterday’s China commentary

Andrew Browne did something somewhat unusual in Monday's Wall Street Journal (see p. A2 of the print edition, unfortunately, I have not been able to find the link). He wrote about China, and got …

November 3, 2005

Financial Markets
Gerd Hausler is a brave man.

Hausler heads the IMF's capital market division - so he is paid to worry.  And he is not all that worried: "I don't see a systemic crisis" That is a bold thing to say - even if he is right t…

November 8, 2005

Europe
More flexible labor markets, less business investment?

Apologies for being one day late discussing a Peaple/ Teitelbaum article in Monday's Wall Street Journal called "UK business investment lags."  My title is intentionally a bit overstated, but I w…

November 26, 2005

Economics
Kansas is flat, the world is not …

To paraphrase the New Economist, the Financial Times must think the world is flat.  They just gave Tom Friedman the inaugural Financial Times/ Goldman Sachs book prize last week - for a book based on…

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December 4, 2005

Financial Markets
At last, some real evidence to back my argument on petrodollars

The Bank for International Settlements (BIS) has spoken; OPEC's dollar holdings are up and its euro holdings down. The prolific Steve Johnson in the Financial Times: Middle Eastern oil exporters…