Property: How Beijing has captured China's middle-class
The day Gough called me
Jokowi's maritime inaugural address
The reinvention of Rudd continues
The WTO is in big trouble
Will Jokowi skip the G20 in Brisbane?
Can Australia remain a top 20 nation?
Jokowi's big day
Time for a thorough review of spy agency oversight
Gough Whitlam's China legacy
Should the US retrench from South Korea? Yes
China: Economic war and the humbling of multinationals
Quarter of a million people displaced in Myanmar's humanitarian crisis
Indonesia: Dispelling the ghosts of '98
Iraq: ISIS's error, Maliki's mismanagement, Obama's opportunity
China: Climate wrecker or climate leader?
Why China's Silk Road initiative matters
UN in South Sudan: The ghosts of Rwanda and Srebrenica
Just how expensive is renewable energy?
China's Xinjiang policy: A Middle East headache
US: Your money where your mouth is
US-New Zealand relations: Back in from the cold
5 November 2010 11:28AM
So, the Fed's
has now set sail. A little while back I
that this could make life more complicated for policymakers in emerging markets. Here are two new
worrying about the same thing.
before that there are some good parallels between Greece’s current problems and the collapse of Argentina’s currency board. This
from the San Francisco Fed takes a look at some of the lessons from the Argentine experience (H/t
I know I link to Martin Wolf’s
in the FT a lot, but normally he’s just so damn good, even when I don’t agree with his conclusions. For a while now I’ve been thinking I should write something about how the current debate over global imbalances echoes Keynes’s concerns during the original Bretton Woods meetings, albeit with the role of Washington reversed from its original part as disdainful current account surplus economy to its new one of resentful current account deficit economy. I still haven’t got round to it, but meanwhile
Martin’s latest, which takes that idea as its starting point. Related: Ken Rogoff on the US as
A topic I do seem to spend a fair amount of time writing about is the international economic consequences of the
rise of China
. My focus here is usually external — what this trend means for the rest of us — and I largely rely on others to keep me current with what’s going on inside the world’s second largest economy. One valuable resource here is the World Bank’s China quarterly update: the latest edition is
In the past I’ve linked to some
of attempts to track the links between international economics and politics (part of my ongoing interest in geo-economics). Here’s an interesting-sounding
which tries to see if China’s threats to punish countries for meeting the Dalai Lama shows up in trade data. (H/t
And here’s some more on the political and economic linkages, with Simon Johnson
about links between foreign money and the US mid-term elections.
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