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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September 4, 2005
China
If it is still a dollar peg, where is the monetary policy flexiblity?
I rarely agree with Steven "trade deficits do not matter" Jen. His models for G3 exchange rate determination leave out a variable - the pace at which the US is adding to its external debt and its r…
October 7, 2005
China
Speculation on the renminbi to heat up?
It is hardly a secret that the head of China's central bank, Zhou Xiaochuan, favors letting the renminbi appreciate further. He proposed a bigger revaluation in the summer, but was overruled by the …
October 14, 2005
Financial Markets
Are tax breaks for houses at risk?
Last weekend's Los Angeles Times (via the Economist's View) article on Bush's advisory commission made it pretty clear that at least one member of the commission, Charles Rossotti, had tax breaks fo…
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 …
April 25, 2006
Bad optics
Many have noted that the White House botched the stagecraft of Hu's not-quite-a state visit. Forget Falun Gong. Focus on announcing China's national anthem as the anthem of the "Republic of China"…