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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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May 22, 2007
China
No one covers the debate on China’s macroeconomic policy better than Richard McGregor
McGregor’s long analysis piece in today's Financial Times (free link here) shows why. It is the best summary of China’s macroeconomic policy challenges – and the contractions associated with China’s…
November 3, 2007
Monetary Policy
If the governments of emerging economies stuck to buying bonds would everything be ok?
Bloomberg’s Matthew Lynn argues that those countries now fretting about the impact of sovereign wealth funds didn’t complain when sovereign governments bought huge quantities of bonds: Nobody minde…
April 20, 2008
Economics
Inequality in America
Unions in the American manufacturing sector used to have the bargaining power to secure a middle class wage for their members. Not any more. And no one else – apart from corporate CEOs, hedge fu…
April 29, 2008
Emerging Markets
Borders still matter; “the world isn’t as flat as it used to be”
On Monday, Bob Davis of the Wall Street Journal argued that the world isn’t flat, or at least it “isn’t as flat as it used to be.” National borders matter more. Barriers to the free flow of go…
October 30, 2008
Monetary Policy
Fed Balance Sheet
Complementing the IMF’s $100 billion liquidity facility, the Federal Reserve has announced the establishment of swap lines with the central banks of Mexico, Brazil, South Korea, and Singapore for u…
