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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June 21, 2011
Elections and Voting
Campaign 2012: Hello Jon Huntsman, GOP Presidential Candidate
It’s official. Jon Huntsman, the former Utah governor and U.S. ambassador to China, has formally announced that he is a Republican candidate for president. As he promised, Huntsman made the announcem…
December 13, 2007
United States
Richard Iley on the US current account deficit
Richard IleyBrad Setser: Richard Iley of BNP Paribas – the author, with Mervyn Lewis, of a new book on the US current account deficit --- doesn’t see the world quite the way I do. I put a l…
December 18, 2007
United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)
Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…
February 25, 2013
Politics and Government
Hello, Park Geun-hye: President of South Korea
Glass ceilings are made to be broken. And today Park Geun-hye smashed one when she became the first woman to be sworn in as president of South Korea. Park defeated her left-of-center opponent, Moon J…
April 29, 2008
Emerging Markets
Borders still matter; “the world isn’t as flat as it used to be”
On Monday, Bob Davis of the Wall Street Journal argued that the world isn’t flat, or at least it “isn’t as flat as it used to be.” National borders matter more. Barriers to the free flow of go…