110 Results for:

November 12, 2004

Capital Flows
Geopolitics of a new G-7

There is a growing sense that the G-7 no longer is the right grouping for discussing today’s major international macroeconomic issues. It is hard to see, for example, how you can discuss "global reb…

January 8, 2007

Zhou v. Spence (and all the steps Zhou is taking to manage China’s surging surplus)

Spence:Casual conversation and commentary lead most Americans to think that this accumulation of reserves corresponds to a large trade surplus in China, achieved by holding the value of their currenc…

May 13, 2007

When will China’s government start begging Chinese savers to move some of their money abroad …

There is still a perception – though it is perhaps less widespread than it used to be – that Chinese savers are desperate to get their money out of China, if given half a chance.   That perception sh…

January 8, 2008

Monetary Policy
The end of the United States exorbitant privilege?

There is a lot of angst right now about the dollar, and specifically about the dollar’s ability to remain the leading global reserve currency. Look at the FT leader at the end of 2007, or Daniel…


January 18, 2009

Monetary Policy
Worry about a fall in China’s demand for the world’s goods, not a fall in China’s demand for Treasuries

Last week, Sam Jones of FT’s Alphaville wrote: If the Chinese economy collapses, or even slows dramatically, then the raison d’etre for the country’s huge FX reserves - as a sterilisation measure to…

December 14, 2009

The China Divide

Last week at a dinner in Washington, D.C. with a number of China experts, retired U.S. government officials and businesspeople, the table largely concluded that we should be “cautiously optimistic” a…

September 15, 2010

Struggles with the Software

Whenever I am confronted with some new press report about how rapidly Chinese science and technology is growing, my first reaction is usually, "yes, but..." The "but" almost always revolves around w…

Struggles with the Software

February 18, 2011

Diplomacy and International Institutions
Friday File: Mubarak Is Gone, Now Comes the Hard Part

A family of Egyptian pro-democracy supporters ride on a motorcycle carrying an Egyptian flag after Friday prayers near Tahrir Square in Cairo. (Amr Dalsh/courtesy Reuters) Above the Fold. The TV cam…

A family of Egyptian pro-democracy supporters ride on a motorcycle carrying an Egyptian flag after Friday prayers near Tahrir Square in Cairo

December 15, 2010

Politics and Government
TWE Remembers: The Birth of the Bill of Rights

The Bill of Rights celebrates its birthday today.  On December 15, 1791, Virginia became the eleventh state to approve the first ten amendments to the U.S. Constitution, thereby satisfying the consti…


December 22, 2010

Politics and Government
Turn Out the Lights

Somewhere up above Dandy Don Meredith is singing "Turn Out the Lights, The Party’s Over." Unless Senators Mitch McConnell and Jon Kyl can find some of the magic that graced the Philadelphia Eagles …

Turn Out the Lights