Council of Councils
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International efforts, such as the Paris Agreement, aim to reduce greenhouse gas emissions. But experts say countries aren’t doing enough to limit dangerous global warming.
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April 24, 2018
International Economic Policy
Asia's Central Banks and Sovereign Funds Are Back
East Asia (China, Japan, and the NIEs) ran a $600 billion current account surplus in 2017. "Official" (central bank and sovereign fund) outflows accounted for about half of that. Asia's foreign excha…
May 18, 2017
Singapore
Singapore's "Shadow" Intervention
Singapore looks to have resumed intervention in the foreign exchange market
July 24, 2019
International Economic Policy
The IMF (Still) Cannot Quit Fiscal Consolidation…
The IMF's country-level fiscal advice has an adding up problem. The IMF (over time) wants most countries to match the euro zone and head toward fiscal balance. That though would leave the world short…
October 5, 2017
Eurozone
Official Investors and the Eurozone Debt Market
The share of Treasuries held by official investors—foreign central bank reserve managers as well as the Fed—has been going down in recent years. But the share of Eurozone bonds held by official inves…
