Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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October 9, 2019
Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank
Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…
January 13, 2006
United States
On the origins of dark matter
Stephen "Current accounts almost always don't matter" Jen is intrigued by Ricardo Hausmann and Fredrico Struzenegger's discovery of dark matter. Lots of others are too. Michael Mandel for one. Se…
December 13, 2007
United States
Richard Iley on the US current account deficit
Richard IleyBrad Setser: Richard Iley of BNP Paribas – the author, with Mervyn Lewis, of a new book on the US current account deficit --- doesn’t see the world quite the way I do. I put a l…
April 9, 2007
Monetary Policy
What have the world’s central banks been up to? The latest Treasury survey provides some clues
I suspect I am one of a very small number of people who eagerly awaits the publication of the Treasury’s annual survey for foreign portfolio investment. Wall Street doesn’t find it particularly u…