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September 17, 2007

Financial Markets
The first true twenty-first century financial crisis?

Larry Summers – picking up on a phrase perhaps first used by Michel Camdessus -- liked to call the Mexican crisis the first financial crisis of the 21st century.   Mexico’s decision to exhaust its re…

October 4, 2019

Taiwan
Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

Large-scale purchases of foreign bonds have become the central flow sustaining Taiwan’s massive current account surplus and keeping the Taiwan dollar weak. The size of this flow raises the question o…

Shadow FX Intervention in Taiwan: Solving a 100+ billion dollar enigma (Part 2)

May 7, 2012

Fossil Fuels
Oil and Gas Euphoria Is Getting Out of Hand

The boom in U.S. oil and gas production has spawned another gusher of increasingly hyperbolic claims about its revolutionary consequences. These are not just musings from the fringe; they’re increasi…

September 17, 2006

Economics
Too much to read …

I really liked Krishna Guha’s analysis of global imbalances that appeared in Wednesday’s FT.    His emphasis on the role of exchange rate adjustment in global rebalancing seemed right to me.  Exchang…

August 5, 2020

Race and Ethnicity
“Viral Convergence”: Interconnected Pandemics as Portal to Racial Justice

In this piece (which is part of a special Just Security “Racing National Security” symposium), Catherine Powell argues that the COVID-19 pandemic has provided a window into the pandemics of policing,…

Black Lives Matter Rally