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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December 18, 2007
United States
Yes, Virginia, the world’s central banks are financing most of the US current account deficit (my rebuttal to Richard Iley)
Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” bal…
July 17, 2012
China
China’s Population Policy—An Exchange Between Edwin Winckler and Yanzhong Huang
Dr. Yanzhong Huang is Senior Fellow for Global Health and the newest writer for Asia Unbound. His first post, “Time for China to Abandon Its Population Control Policy,” attracted significant attentio…
April 18, 2011
Politics and Government
Campaign 2012: Hello Rick Santorum, GOP Presidential Candidate
Rick Santorum speaks during the Iowa Faith & Freedom Coalition's Spring Event in Waukee, Iowa March 7, 2011. (Brian Frank/courtesy Reuters) Pennsylvania State University can claim many accomplishmen…
June 27, 2007
Monetary Policy
Reserve diversification — what does the IMF data tell us?
There is a lot of interest in reserve diversification. And most of those present at the May Euromoney fx conference in London—judging from the audience poll – believed that at least some central b…
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 …