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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July 5, 2012
Military Operations
How the Obama Administration Justifies Targeted Killings
Despite almost ten years of operations and nearly four hundred airstrikes that killed an estimated three thousand people (both militants and civilians), both the Bush and Obama administrations have p…
June 9, 2014
Politics and Government
Hello (Ahlan), Abdul Fattah al-Sisi: President of Egypt
Abdul Fattah al-Sisi took the oath of office as Egypt’s new president yesterday. He succeeded the interim president, Adly Mansour. And who appointed Mansour? Why, Sisi himself after he and the Egypt…
January 26, 2005
Financial Markets
China reads the Economist. Is the Renminbi undervalued?
While China’s delegation to Davos seems a bit less than enamored with the dollar, the People’s Bank of China seems have read last week’s Economist, and concluded that there is no need to change the …
July 30, 2007
Monetary Policy
The shift toward sovereign wealth funds: the policy debate
Both the Financial Times and the Wall Street Journal have done a great job reporting on the rise of sovereign wealth funds. Joanna Chung and Tony Tassel’s nuanced analysis of the impact of sovereig…
April 15, 2007
United States
Unimpressive (the results of the IMF’s experiment with multilateral consultation)
Macro Man asked the IMF to sort out a world where the US current account deficit is increasingly financed by the growth in emerging market reserves (and the expansion of a few investment funds). …