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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August 3, 2006
China
Trade politics could get nasty fast
The US economy looks to be slowing. Job creation (and wage growth; also see Leonhardt in the New York Times) wasn’t that impressive even when the economy was growing strongly. Like many, I was st…
September 7, 2006
China
Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows
The New York Times’ conservative columnists certainly know how to get my blood boiling. David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…
September 20, 2006
Europe
Is it Europe’s turn to rise a housing bubble?
Both Morgan Stanley (at least Eric Chaney) and JP Morgan (in their latest global outlook) now recognize that Europe has emerged as an important engine of global demand growth. Indeed, the 2005 sur…
November 21, 2006
Europe
The booms in Spanish and Irish real estate make the US real estate boom look timid
I have outsourced Thanksgiving blogging to Charles Gottlieb of the Center for European policy studies in Brussels. (Charles.gottlieb at ceps.be)His topic: The Spanish and Irish housing booms (or bu…
December 8, 2006
China
Auto parts, China, protectionism
I have long thought that China's move into auto parts was a possible (political) trigger for a new set of stress on Bretton Woods 2 -- the point where the shift of manufacturing production out the US…