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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October 10, 2005
Emerging Markets
Pakistani earthquake
The potential loss of life from the earthquake in Northern Pakistan is stunning -- a reminder of how precarious life is for many in one of the world's nuclear states. Not to mention a state where Os…
April 10, 2006
China
China worries the US may want a “competitive” dollar
Xia Bin, head of the financial research institute at the cabinet's Development Research Centre, didn't use Martin Feldstein's clever term though. He worries about a weak dollar policy."We cannot und…
July 19, 2006
China
Chinese growth accelerates, RMB depreciates
That was yesterday’s headline. Or, given the time differences, perhaps the headline from two days ago. Chinese second quarter growth picked up to 11% plus. The only real surprise here was that the…
December 6, 2006
China
Yu Yongding is well-worth reading on sterilization — as is the Bank of New York on plans for a goverment investment fund
Martin Wolf’s series of columns on China has stimulated quite an interesting debate. I have been meaning to highlight it for some time – especially since it prompted Yu Yongding to lay out both his t…
April 11, 2007
Emerging Markets
It is hard for the world to diversify away from the dollar when the world’s holdings of dollars need to rise by about a trillion a year
OK, I probably should strike “world” and insert “the world’s governments” instead. It is pretty clear that central banks and oil investment funds provided the bulk of the financing the US needed in …
