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October 10, 2002

International Organizations
Enhancing U.S. Leadership at the United Nations

U.S. influence at the United Nations is low but can be improved, concludes this report of a bipartisan Task Force led by two highly regarded foreign policy experts, Republican Representative David Dr…

January 31, 2007

United States
Roach on globalization and China

Stephen Roach made three arguments last Friday. I disagree with two of them, but agree with the third.  And the third is by far the most important.   But before getting to the point of agreement, the…

September 8, 2006

China
A trillion dollars doesn’t get the respect it used to …

At least not from Dr. Cowen. China will have a trillion dollars in reserves by the end of the year. A bit sooner actually -- a SAFE official recently indicated that China's reserves will to…

September 7, 2008

Monetary Policy
So true ...

Floyd Norris in the New York Times: Remarkably, the country that prides itself on being the beacon of free enterprise finds itself with a financial system that needs government money to finance the…

April 14, 2009

Financial Markets
The large dollar balance sheet of Europe’s banks

Tyler Durden/ Zero Hedge’s analysis of the aggregate balance sheet of the US commercial banks attracted a lot of attention last week, for good reason (h/t Felix Salmon). American taxpayers are…

September 12, 2006

Economics
Welcome Felix Salmon …

Felix Salmon – who has long followed emerging market debt for Euromoney – has started blogging for RGE. He wants to do a real bloggy-blog.  Lots of updates.  Short, sharp comments not lengthy diatrib…

October 11, 2002

United States
Bipartisan Commission Says U.S. Must Enhance Influence and Reputation at UN

October 10, 2002—U.S. influence at the UN is low but can be improved, concludes a bipartisan task force led by two highly regarded foreign policy voices, Republican Congressman David Dreier and forme…

January 6, 2008

Economics
Looking back at the top macroeconomic and financial stories of 2007, and looking forward to 2008

Here is my list of the top five stories of 2007 - and some things that I’ll be watching in 2008. What did I miss?1. The "subprime" crisis. The credibility of Wall Street’s financial engineering …

October 21, 2005

United States
Current account deficits do matter

At least according to Tim Geithner, President of the Federal Reserve Bank of New York:It matters because of the size of the U.S. imbalance. Our current account deficit is now running at a rate of abo…

June 12, 2008

Emerging Markets
Can the debate over trade – or globalization – be separated from the debate over exchange rates?

I am often struck by how frequently debates over trade – and, more broadly, globalization – don’t bother to mention what strikes me as the most salient fact about contemporary globalization, namely …

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