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October 9, 2019

Taiwan
$130+ Billion in Undisclosed Foreign Exchange Intervention by Taiwan's Central Bank

Based on the profits and losses disclosed by Taiwan’s central bank, it appears that its true FX exposures exceed its disclosed foreign exchange reserves by USD 130bn, and perhaps by as much as USD 20…

fig 19

March 26, 2013

Politics and Government
Hello (Welcome Back), Shinzo Abe: Prime Minister of Japan

If at first you don’t succeed, try, try again. That old saying could be the motto of Japanese prime minister Shinzo Abe, who today marks the end of his third month in office. You see, he had this job…

Japanese prime minister Shinzo Abe addresses cadets during a graduation ceremony at the National Defense Academy of Japan (Kiyoshi Ota/Courtesy Reuters).

February 15, 2006

Economics
Mandel v. Setser. Round two. More on intangible exports and dark matter

I was rather busy last week, so I was not able to respond immediately to Michael Mandel's response to my response to his Business Week cover story - and now Micheal Mandel is shooting for slightly bi…

June 14, 2011

Politics and Government
Campaign 2012: Hello Michele Bachmann, GOP Presidential Candidate

Congresswoman Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters) Michele Bachmann made some news at last night’s rather sedate GOP presidential …

Congresswoman  Michele Bachmann speaks at a rally on Capitol Hill on March 31, 2011. (Kevin Lamarque/courtesy Reuters)