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February 14, 2007

China
Highly recommended: the World Bank’s latest China Quarterly.

What jumped out at me in the latest quarterly from the World Bank’s Beijing office?First, the data showing that labor income is falling as a share of Chinese GDP.    Moreover, its fall seems to have …

March 19, 2015

Human Rights
Removing the Silos Around Girls’ Education, National Security, and Child Marriage

In the lead up to the announcement of the UN Sustainable Development Goals in September, I had the opportunity to host a conversation with Julia Gillard, chair of the Global Partnership for Education…

School-Girls-Yemen-2015-03-19

October 18, 2012

India
On Cybersecurity, India Begins to Embrace the Private Sector

Cherian Samuel is an Associate Fellow at the Institute for Defence Studies and Analyses in Delhi, India. Monday, October 15 saw the release of the Government of India’s Recommendations of the Joint …

India Cybersecurity Working Group

September 18, 2005

United States
Synthetic CDOs, China and Systemic Risk

I suspect the stock of outstanding synthetic credit derivatives -- $ 1500 b in synthetic CDOs in 2004 v. $300 b or so in 2001, according to Mark Whitehouse of the Wall Street Journal -- is the only t…

February 28, 2006

Financial Markets
Things that keep the President of the New York Fed up at night

The current account deficit, obviously.    NY Fed President Geithner isn't quite in the same place as Bernanke, at least in Bernanke's White House incarnation.And credit derivatives.   Particularly i…