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December 6, 2005

United States
Alan Greenspan, financial globalization, home bias and central bank reserves

The very last paragraph of Alan Greenspan's last speech on global imbalances seems to have generated the majority of the press that came out of his London speech on global imbalances.   I kind of lik…

home bias and central banks

April 19, 2024

United States
Election 2024: Donald Trump Declines to Fight Aid to Ukraine

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Donald Trump has chosen to stand aside as the House of Representatives moves to vote on aid to Ukra…

Ukraine war image

March 1, 2016

Americas
The Long Arm of U.S. Law and Latin America’s Corruption Malaise

Latin America’s corruption scandals of the past two years are moving slowly toward resolution. As they move forward, it is interesting to note that in a region that has been particularly protective o…

A demonstrator holds inflatable dolls depicting Brazil's former president Lula da Silva and Brazil's President Rousseff during a protest calling for the impeachment of Rousseff near the National Congress in Brasilia

February 9, 2016

Americas
The Political Salience of Latin Americans’ Perceptions of Corruption

Once a year, policymakers and the press are forcibly reminded of the terrible costs of corruption. This year, it fell on January 27, when Transparency International’s Corruption Perceptions Index (CP…

A demonstrator holds a scarf during a march to demand for the resignation of Honduran President Juan Orlando Hernandez in Tegucigalpa August 14, 2015. Thousands of protesters have been continuing demonstrations in Tegucigalpa, calling for the resignation of Hernandez over a $200 million corruption scandal at the Honduran Institute of Social Security (Jorge Cabrera/Reuters).

February 9, 2016

Americas
The Political Salience of Latin Americans’ Perceptions of Corruption

Once a year, policymakers and the press are forcibly reminded of the terrible costs of corruption. This year, it fell on January 27, when Transparency International’s Corruption Perceptions Index (CP…

A demonstrator holds a scarf during a march to demand for the resignation of Honduran President Hernandez in Tegucigalpa