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October 20, 2004

Capital Flows
The IMF staff report on Iraq is a goldmine

I don’t expect many journalists will delve into it, but the IMF staff report on Iraq is a fountain of information. My favorite number: in 2004, the amount Iraq will spend importing (yes, importing) …

Blog Post by Brad W. Setser Follow the Money

October 25, 2004

DeLong on the global economy

DeLong’s powerpoint notes are certainly worth checking out. The side by side graphs showing real GDP growth and then employment growth (or the lack thereof) elegantly tell the story of the 2002-2004…

Blog Post by Brad W. Setser Follow the Money

October 27, 2004

Financial Markets
Morgan Stanley: China does not rely much on export led growth

Sometimes you read something and it makes you stop, because it is at odds with your existing sense of how the world economy is working. Drossos and Kinbrough’s argument that China does not rely on a…

Blog Post by Brad W. Setser Follow the Money

November 10, 2004

United States
September trade: dueling headlines

Monthly exports set a record sounds better than third highest monthly trade deficit ever, or second highest monthly imports ever. All accurately describe this month’s trade release.The fact that exp…

Blog Post by Brad W. Setser Follow the Money

November 11, 2004

China

That alone ought to catch your attention. Whether talking about the US (needs Chinese financing), Latin America (needs Chinese demand for its commodities) or Europe (needs China to lets its exchange…

Blog Post by Brad W. Setser Follow the Money