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January 30, 2005

Financial Markets
Stephen Jen might want to rejigger his model

Apparently, Mr. Jen thinks the dollar -- despite the United States’ 6.2% of GDP current account deficit -- is significantly undervalued against all major currencies, and fairly valued against most As…

May 25, 2006

United States
You know, there are safe havens that do not have a current account deficit of $1 trillion …

Incidentally, I am not the only one who thinks that the US current account deficit is heading toward a trillion.   The OECD now forecasts $965b current account deficit in 2006 (7.2% of GDP), and $107…

May 25, 2005

A new open thread

Thanks to the generousity of Carnegie (who donated the building), Gates (who donated the computer) and the public library of Stafford, Kansas. I’ll try to chime in with some thoughts on Bretton Woods…

November 13, 2009

United States
Unfinished Business: The Futenma Story

As President Obama gets ready to visit Tokyo, much of the media coverage focuses on the high politics of the U.S.-Japan alliance. Is this tension a temporary affliction caused by the transition in To…

January 7, 2010

North Korea
North and South Korean New Year’s Resolutions

North Korea has traditionally utilized the new year to set priorities and provide guidance to its people. Under Kim Jong Il, this guidance has come out in the form of a combined New Year’s editorial …

March 1, 2010

South Korea
The United States and South Korea: Challenges and Remedies for Wartime Operational Control

Bruce E. Bechtol Jr. is Professor of International Relations at Marine Corps Command and Staff College. The views expressed in this paper are those of the author and do not necessarily reflect the of…

39th Security Consultative Meeting

June 13, 2010

A Step Forward for the U.S. and India

Photo courtesy of REUTERS/Kevin Lamarque It’s been a rough seventeen months for the United States and India. I’ve written about some of the challenges here and here—and talked about them here and h…

A Step Forward for the U.S. and India

November 12, 2010

Diplomacy and International Institutions
Friday File: Obama in Asia

Above the Fold: The big news of the week has been President Obama’s Asia trip.  The coverage at home has generally been positive.  Walter Russell Mead reviews the India leg of the trip and applauds…

Friday File: Obama in Asia

December 10, 2010

Congresses and Parliaments
Friday File: Afghanistan Strategy Review

Above the fold. The White House is wrapping up its year-end Afghanistan strategy review.  Its conclusion, perhaps not surprisingly, looks to be that the surge strategy President Obama announced a …

Friday File: Afghanistan Strategy Review

April 15, 2010

Fossil Fuels
Projecting future oil demand

Joyce Dargay and Dermot Gately have a new paper out that projects 134 mb/d global oil demand in 2030, which is far higher than the standard projections (IEA, EIA, OPEC), all of which are in the neigh…