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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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March 8, 2009
Financial Markets
The shadow financial system – as illustrated in three new papers that cut through the London fog
Gordon Brown wants to shine a bit more light on the shadow financial system (hat tip IPEZone). One plank of his G-20 action plan is: "reform of international regulation to close regulatory gaps so …
July 26, 2005
Europe
Mining European data
I spent some time over the weekend delving into the Eurozone balance of payments data published by the ECB in its monthly bulletin, looking for insights into the global flow of funds. But to jazz thi…
September 29, 2005
Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?
Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…
February 26, 2008
Capital Flows
Regulating sovereign wealth funds: does the US have any leverage?
Bob Davis’ Wall Street Journal article - which reports that the US Treasury is pushing Singapore and Abu Dhabi to increase their transparency and to signal that their funds will be managed commercial…
April 3, 2006
China
Grassley-Baucus-Adams? And (another) long rant about the Economist …
The Treasury doesn't want to declare China to be guilty of manipulation. Picking a fight with one of your biggest creditors isn't smart. Right now, no one is buying more US debt (China buys a lot …
