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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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July 17, 2006
Financial Markets
If the IMF wants to be relevant in the debate on global rebalancing ….
It needs to be willing to issue yellow—and even red – cards to countries running a balance of payments surplus, not just countries running a deficit. I applaud the IMF’s willingness to criticize …
September 11, 2006
China
The Wall Street Journal (finally) takes note: Europe, not the US, explains the recent surge in China’s exports
I was tempted to title this blog “$18.8 billion more reasons for Tyler Cowen, Dan Drezner, Greg Mankiw and a host of others to think the RMB isn’t really undervalued.” But that would be a bit…
December 14, 2006
China
Paulson in Beijing: Can’t get no satisfaction
That is what William Hess argues in Newsweek International. China cannot give Paulson what he wants without jeopardizing its domestic goals. Hess writes:"Secretary Paulson will likely return home e…
January 31, 2007
United States
Roach on globalization and China
Stephen Roach made three arguments last Friday. I disagree with two of them, but agree with the third. And the third is by far the most important. But before getting to the point of agreement, the…
June 28, 2007
China
The Economist still isn’t convinced the RMB is undervalued …
Half a trillion dollars apparently doesn't get the respect it used to. Neither the author of last week’s Economics Focus column nor Morgan Stanley’s Stephen Jen think that the Chinese yuan (or RMB) i…
