71 Results for:

October 6, 2004

United States
Why is China running a current account surplus in the middle of an investment boom?

I spent most of the past week in Washington for the IMF’s annual meetings, trying to sell a few books. The focus of the meetings though, was not on emerging markets, but rather on oil, China and the…

April 23, 2005

Economics
A glass half empty, in three different ways

It seems to me that there are three big risks - the result of what economists like to call imbalances -- hanging over the global economy, even leaving aside the possibility of an old fashioned oil su…

May 30, 2005

United States
Memo to Kirstof: China has some responsibility for global imbalances too

Nick Kristof accuses the US -- Democrats in Congress in particular -- of scapegoating China, and blaming China for global economic problems (more accurately, the risk of global economic problems) tha…

January 4, 2005

Is the US a generous country?

I am not sure I want to wade into this debate.But I am pretty sure that Carol Adelman did not prove her case in today’s New York Times.Her argument is that aid flows are being privatized, and if you …

July 19, 2005

Calculated Risk might want to start looking at the Netherlands

Calculated Risk has long argued that those wanting to peer into crystal ball and see the future of the US economy should look at Britain -- since Britain’s housing boom started before the US boom, an…

December 19, 2005

China
The Chinese conundrum: External (financial) strength, domestic (financial) weakness

I disagree with Michael Mandel on the US current account deficit - I think it is a concern, he doesn't.  We also disagree on the US fiscal deficit.   He doesn't think it is a big problem; I d…

August 1, 2005

China
Summarizing China in one paragraph …

is hard, but James McGregor gave it a go in the Sunday Washington Post: It is difficult to overstate the transformation that has swept China in the past 15 years. To frame it in terms of comparable h…

January 18, 2006

China
Shrewd, far-sighted and pro-growth …

India's economy policy has not been as "shrewd, far-sighted and pro-growth" as China's.  That's why Nick Kristof is betting on the former communists in Beijing, not the Oxbridge/ Reserve …

September 21, 2006

China
Why China’s $1 trillion in reserves are unlikely to be of much use in a banking crisis

It is rather hard to read Andrew Browne’s report of the building boom in Zhengzhou in last week’s Wall Street Journal --- or for that matter many other accounts of China’s current investment boom – a…

September 23, 2006

China
The Economist sides with Tyler Cowen

A quick synopsis of the last five years. The RMB tumbles against the euro (and most European currencies). Chinese exports to Europe surge, growing faster than Chinese exports to the US (eve…