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 3, 2007
Economics
Floating Dubai’s
Apparently, simple yachts are not luxury goods. John Taglibue of the New York Times on Tuesday: “Today a mega yacht is indispensable” said Olivier Milliex, head of yacht finance at the Dutch ban…
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 …
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…
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 disagree…
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…
