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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 30, 2007
Monetary Policy
The shift toward sovereign wealth funds: the policy debate
Both the Financial Times and the Wall Street Journal have done a great job reporting on the rise of sovereign wealth funds. Joanna Chung and Tony Tassel’s nuanced analysis of the impact of sovereig…
March 8, 2009
Financial Markets
The shadow financial system – as illustrated in three new papers that cut through the London fog
Gordon Brown wants to shine a bit more light on the shadow financial system (hat tip IPEZone). One plank of his G-20 action plan is: "reform of international regulation to close regulatory gaps so …
September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
February 21, 2011
TWE Celebrates Presidents’ Day Because It Is the Day of Presidents
President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters) Being president o…
June 16, 2009
Monetary Policy
Read Brender and Pisani’s “Globalised finance and its collapse”
I highly recommend Anton Brender and Florence Pisani’s recent monograph, "Globalized finance and its collapse." In a lot of ways, it is something that I wish I could have written. I don’t agree with …