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May 8, 2006

United States
Tony Judt’s Postwar Wins the Council’s 2006 Arthur Ross Book Award

Postwar: A History of Europe Since 1945 (Penguin Press), by Tony Judt, professor and director of New York University’s Remarque Institute, has won the Council’s fifth annual Arthur Ross Book Award fo…

September 11, 2006

Terrorism and Counterterrorism
Musharraf’s Taliban Problem

Pakistani President Pervez Musharraf is under increasing pressure from NATO and the United States to clamp down on Taliban militants, but internal resistance from Pakistani Islamists is preventing hi…

October 17, 2006

China
A trillion dollars here, a trillion there and pretty soon you are talking about real money

I have written extensively about China and Chinese reserve growth recently. So I won’t use Tuesday’s Wall Street Journal article as the spring board for another long post.  Just a sort of long post.T…

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…

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…

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