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May 13, 2021

Public Health Threats and Pandemics
World Economic Update

The World Economic Update highlights the quarter’s most important and emerging trends. Discussions cover changes in the global marketplace with special emphasis on current economic events and their i…

Play An employment application form and black pens on a white table.

September 7, 2006

China
Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows

The New York Times’ conservative columnists certainly know how to get my blood boiling.  David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…

September 29, 2015

Egypt
Sisi’s Struggle for Egypt

I have always wondered why leaders of foreign countries feel the need to publish opinion pieces in American newspapers of record. Who exactly are they trying to influence? The folks at the White Hous…

SisisStruggleForEgypt

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…

April 6, 2008

Financial Markets
A RMB that isn’t appreciating cannot be killing you …

The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…