18 Results for:

October 22, 2006

Monetary Policy
Yet more evidence China has far more reserves than it needs … courtesy of Olivier Jeanne and Romain Ranciere of the IMF

Francophone economist working in the US seem to be on something of a roll.   Olivier Blanchard (with Giavazzi and Sa) has developed an interesting model for US current account adjustment.  Helene Rey…

December 15, 2017

United States
Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

Why The Trade Balance (Still) Matters

June 23, 2015

Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal

IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets.  The Greek government continues to resist, arguing…

Greece and Its Creditors Should Do a Guns-For-Pensions Deal

October 9, 2013

Europe and Eurasia
Paul Krugman’s Baltic Bust—Part III

Geo-Graphics posts in July 2010 and 2012 showed that Paul Krugman’s devaluation-driven “Icelandic Miracle” was nothing of the sort – a figment of his having chosen the most favorable possible star…

Paul Krugman’s Baltic Bust—Part III

February 10, 2009

Budget, Debt, and Deficits
Fiscal Stimulus

America, the world’s largest deficit country, is considering a fiscal stimulus of about $800 billion. China, the largest surplus country, has announced a stimulus of $586 billion, although the effe…

Fiscal Stimulus

June 29, 2016

Sub-Saharan Africa
Are U.S. Efforts Successfully Countering Terrorism in Africa?

This post was co-authored by Cheryl Strauss Einhorn and Andrea Walther-Puri. Cheryl is an adjunct professor at Columbia Business School. Andrea is a researcher focusing on security sector reform and …

Countering Terrorism

December 7, 2005

China
There is a consensus: China needs to consume more

See Olivier Blanchard and Francesco Giavazzi's latest paper on China.   Blanchard (last seen on these pages back in September) and Giavazzi have laid out a comprehensive economic program for Chin…

June 21, 2009

China
The good and bad news in the World Bank’s China Quarterly

The good news in the latest World Bank China Quarterly: One. China is growing, thanks to China’s government. The World Bank estimates that the government’s policy response will account for abou…

china-world-bank-q2-09-1

November 8, 2005

Europe
More flexible labor markets, less business investment?

Apologies for being one day late discussing a Peaple/ Teitelbaum article in Monday's Wall Street Journal called "UK business investment lags."  My title is intentionally a bit overstated, but I w…

November 17, 2006

Monetary Policy
The world, in a single graph

Actually, this post should be titled “everything I think I know about the world, in a single graph.”   The following graph combines various measures of dollar reserve growth with data on the overa…

uphill_flow_1