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March 14, 2013

Diplomacy and International Institutions
Technological Change and the Frontiers of Global Governance

The history of global governance is in many respects the story of international adapation to new technologies. As breakthroughs emerge, sovereign governments have tried to craft common standards and …

An agricultural aircraft flies over Prachuab Khirikhan

January 28, 2011

Diplomacy and International Institutions
Friday File: “Friday of Wrath” Tests the Obama Administration

An anti-government protester defaces a picture of Egypt's President Hosni Mubarak in Alexandria. (Courtesy Reuters) Above the Fold. Just three days after delivering a State of the Union Address that…

An anti-government protester defaces a picture of Egypt’s President Hosni Mubarak in Alexandria.

August 1, 2006

United States
How long can the US retain a comparative advantage as a “storehouse for wealth”

If foreigners investing in the US keep doing so badly? That would be my question for John Makin.    I don’t doubt the superior liquidity of US markets. I realize that there are only so…

December 21, 2011

Guest Post: Laurie Garrett on Man-Made Deadly Flu

Health workers pack dead chicken at a wholesale poultry market in Hong Kong December 21, 2011. Workers began culling 17,000 chickens at a wholesale poultry market in Hong Kong on Wednesday after a de…

Health workers pack dead chicken at a wholesale poultry market in Hong Kong December 21, 2011. Workers began culling 17,000 chickens at a wholesale poultry market in Hong Kong on Wednesday after a dead chicken there tested positive for the deadly H5N1 avian virus, a government spokesman said. REUTERS/Tyrone Siu

January 13, 2007

United States
The more the dollar falls, the more dollars you need to buy …

That, more or less, is the conclusion of “portfolio balance” models of global capital flows.    The dollar tanks.   Its share of your portfolio falls.   So sell euros (or RMB) and buy dollars to keep…