48 Results for:

October 16, 2007

Monetary Policy
Why worry about sovereign wealth funds?

Martin Wolf, as usual, is the voice of reason.   I highly recommend his most recent column.Dr. Wolf notes that a set of countries with a far different conception of the role of the state in the marke…

December 31, 2008

Financial Markets
Relitigating 1998 at the end of 2008

Tyler Cowen argues that the “Committee to Save the World” made a mistake in 1998 by, well, saving the financial world. They thus missed an opportunity to teach the banks a lesson in sound risk-manag…

November 11, 2008

Financial Markets
Give me yield, give me leverage, give me return

“Give me yield, give me leverage, give me return” perfectly sums up how Wall Street bought itself close to financial ruin. JP Morgan’s William Winters didn’t just create help to create CDOs. H…

Give me yield, give me leverage, give me return

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 unbalanced a…

May 5, 2008

China
Chinese state investment abroad: familiar or something new?

Henny Sender has an excellent account of China’s decision not to allow the China Development Bank (CDB) to invest in Citibank in January in Monday’s Financial Times. It follows on Richard McGregor…