134 Results for:

November 18, 2004

Taking away the punch bowl when the party is really getting going?

That is the classic view of the role of the central bank. It extends beyond using monetary policy to prevent "overheating" and price inflation. Most central bank regulate the banking system, and si…

June 23, 2005

United States
How does the Fed imagine the US current account deficit will adjust?

Greenspan does not think a revaluation of the RMB would have a major impact on the US trade balance.The Fed does not think that reducing the fiscal deficit would generate a major reduction in the cur…

April 28, 2005

United States
Central banks, cheerleaders and paper losses

This week’s Economist looks at the "paper" losses that central banks issuing local currency (or selling local currency debt) to buy foreign exchange reserves would incur in the event of the revaluati…

January 27, 2006

United States
Imports surge, GDP and exports don’t …

The market thinks that the (bad) q4 GDP number is old news; the economy is looking far better in q1.   The market is also banking on stronger export growth to help support US growth in 2006.  See Jus…

March 5, 2006

Financial Markets
Subsidized both by the Chinese government and the US government …

I am talking about housing, of course.  And it seems everyone else is too.   Starting with the New York Times Magazine.    No wonder.   Everyone wants to know what will happen to real estate prices…

January 24, 2008

Financial Markets
Property without power?

Diplomatic sovereign wealth funds argue, more or less, that they have no desire for power - so there should be no restrictions on their ability to accumulate property. Those hoping for a cut of the S…

January 10, 2008

Emerging Markets
Shanghai, Mumbai, Dubai or goodbye. The year of reverse bailouts

Shanghai, Mumbai, Dubai doesn’t really quite work. The CIC is in Beijing, not Shanghai. Singapore has committed more funds to troubled banks than Mumbai. Abu Dhabi, Saudi Arabia and Kuwait have a …

August 5, 2007

Budget, Debt, and Deficits
Taxing the kings of private equity like the rest of us

Cheers to the New York Times,  the Financial Times, the Economist,  Charlie Rangel, Robert Rubin, Alan Blinder, Paul Krugman, Warren Buffet (I think it is implied here), Bill Gross, Greg Mankiw (extr…

April 1, 2010

South Korea
Carbon Capture and Storage Ramps Up in the United States and South Korea

Jill Kosch O’Donnell is a former Junior Associate of The Asia Foundation and writer in Washington, DC. Demonstration projects now underway in the United States and South Korea to capture CO2 emissio…

Korea Electric Power Corporation (KEPCO)

June 7, 2010

Fossil Fuels
Obama Needs More Oilmen

President Obama caught some flak last week for appointing former EPA Administration William Reilly to cochair his oil spill commission. Rachel Maddow’s blog has highlighted the fact that Reilly sits …