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October 4, 2007

Financial Markets
2007 has been a lot better than 2005 for the dollar bears …

Some no doubt will take a revival of interest in a set of 2004 and 2005 papers (Rogoff-Obstfeld,  Krugman, Roubini-Setser, no doubt others) arguing that a real depreciation in the dollar is needed to…

em_reserves__euro

July 27, 2011

Ten Whats With...Laurie Garrett

Laurie Garrett. Courtesy of Laurie Garrett. Laurie Garrett is a senior fellow for global health at the Council on Foreign Relations in New York. Ms. Garrett is the only writer ever to have been aw…

LaurieGarrett

September 24, 2012

Defense and Security
Ask the Experts: Do Targeted Killings Work?

The United States did not always carry out targeted killings (or assassinations) of perceived national security threats. To the contrary, the norm against targeted killings outside of battlefield set…

Armed drone Afghanistan

April 24, 2008

Capital Flows
Adapting to the state’s growing role in global equity markets

Central bank purchases of traditional reserve assets still dwarf sovereign wealth fund purchases of riskier assets -- as well as central bank purchases of equities. But over time, it is reasonable …

June 27, 2008

Monetary Policy
Does the Fed’s mandate now extend to Beijing, Moscow and Riyahd?

The Financial Times, in a leader, says yes. If there were a Central Bank of the World its monetary policy committee would glance at today’s inflation rates and expectations of future inflation and …