102 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

China
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…

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…

cofer_q3_dollar_flows.jpg

May 13, 2007

China
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 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

China
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

China
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 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

March 21, 2011

Politics and Government
Campaign 2012: Hello Tim Pawlenty, GOP Presidential Candidate

Tim Pawlenty speaks during the Iowa Faith and Freedom Coalition's Spring Event on March 8, 2011. (Brian Frank/courtesy Reuters) Only one Big Ten university has ever graduated an American preside…

Tim Pawlenty speaks during the Iowa Faith & Freedom Coalition’s Spring Event at Point of Grace Church in Waukee, Iowa on March 8, 2011.