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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September 7, 2006
China
Tyler Cowen apparently did not read my China testimony! The RMB’s value does influence trade flows
The New York Times’ conservative columnists certainly know how to get my blood boiling. David Brooks, among other things, apparently thinks the key to a hedge fund salary is good people skills – not…
March 29, 2006
China
Exit Schumer and Graham, Enter Grassley and Baucus
Schumer-Graham won't be brought to a vote until September. China's central bank governor Zhou must be persuasive. Maybe he plotted out where the RMB will likely be if China continues with its cur…
November 30, 2007
Financial Markets
Is the dollar’s decline over?
The Economist put the dollar on its cover this week. The Economist’s cover is usually a lagging, not a leading, indicator: it signals that the dollar already has fallen significantly, and sometime…
October 2, 2007
Monetary Policy
Central banks came close to financing the entire US current account deficit over the past four quarters
I have been reserve-obsessed for quite some time now. The uphill flow of funds from the emerging economies to advanced economies strikes me as the defining feature of today's global economy. That…
September 20, 2021
Southeast Asia
Could the AUKUS Deal Strengthen Deterrence Against China—And Yet Come at a Real Cost to Australia?
AUKUS represents the death knell for strategic ambiguity in Australian foreign policy.
