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March 3, 2014

Global Governance
The Group of Eight (G8) Industrialized Nations

After more than three decades of existence, the Group of Eight (G8) is struggling to defend its relevance amid criticism of its limited membership and lack of a compliance mechanism.

August 4, 2009

Economics
All great things have to end

This will be my last blog post, at least for the foreseeable future. I have accepted a new job, one that will require a certain level of discretion. I am excited by its challenges: ‘Balanced an…

November 20, 2004

United States
Large Players in Large Markets

One of the world’s ironies is that even as John Snow putters on about how currency values should be set by market forces, the market -- or at least the private market -- is now playing a comparativel…

September 8, 2008

Financial Markets
CFR Report Warns of Risks to U.S. of Dependence on Foreign Governments to Finance Deficit

"The United States’ current reliance on other governments for financing represents an underappreciated strategic vulnerability…The longer the United States relies on central banks and sovereign funds…

August 19, 2005

China
Comments on Dooley, Garber and Folkerts-Landau: part 1, China

As usual, Michael Dooley, Peter Garber and David Folkerts-Landau are provocative. And in a lot areas, the arguments made by those - like Dooley, Garber and Folkerts-Landau -- who argue that the Brett…

China Reserves Graph