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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May 13, 2011
Defense and Security
Friday File: Will We Come to Regret the Raid on Abbottabad?
A policeman walks in front of Osama bin Laden's Abbottabad compound. (Faisal Mahmood/courtesy Reuters) Above the Fold. Actions, even virtuous ones, have consequences. Sometimes those consequences a…
March 25, 2008
Monetary Policy
Record reserves, Record reserve growth, record reserve currency angst -
Over the past several weeks: Thailand’s reserves topped $100b. Thailand, lest anyone forget, basically ran out of cash reserves back in 1997 (counting its forward commitments) - sending a clear …
March 31, 2006
Europe
France: The most “Anglo-Saxon” of the big 3 continental economies
That's a headline you won't see in the financial or popular press. The basic narrative is already established: France won't change, and as a result, will lag behind the more flexible "Anglo-Saxon" …
July 11, 2016
Europe
Can Europe Declare Fiscal Victory and Go Home?
Rules are rules and all. But the application of poorly conceived rules is still a problem. Especially in the face of a negative external shock. The eurozone’s fiscal policy is, more or less, th…
June 9, 2009
China
The Chinese puzzle: why is China growing when other export powerhouses aren’t?
Almost all countries that relied heavily on exports for growth have experienced large downturns. And there economies are still in the doldrums. Except one. China. Why? Few questions matter m…