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September 29, 2005

Financial Markets
Has the IMF been asleep at the wheel, and ignored surveillance of exchange rates?

Tim Adams - the new US Treasury Under Secretary - thinks so: IMF Article IV requires that the IMF exercise "firm surveillance" over the exchange rate policies of members. After the collapse of the Br…

April 15, 2007

United States
Unimpressive (the results of the IMF’s experiment with multilateral consultation)

Macro Man asked the IMF to sort out a world where the US current account deficit is increasingly financed by the growth in emerging market reserves (and the expansion of a few investment funds).     …

July 9, 2018

China
U.S.-China Trade War: How We Got Here

Background reading for the trade war with China.

Staff members set up Chinese and U.S. flags for a meeting between Chinese Transport Minister Li Xiaopeng and U.S. Secretary of Transportation Elaine Chao at the Ministry of Transport of China in Beijing, China April 27, 2018

May 3, 2006

Financial Markets
Stephen Jen knows currencies, not communiqués

Stephen – the dollar will go down, but “ the US will not adopt a weak dollar policy … and the sky will not fall on the dollar” – Jen has gotten the course of a the dollar/ euro roughly right for the …

April 26, 2013

United States
Sea Power in the Pacific, Drones in Lebanon, and America’s “Dirty Wars”

David C. Gompert, “Sea Power and American Interests in the Western Pacific,” Rand Corportation, to be published June 3, 2013,  pp. 160-162. If we are indeed in for a change in the basic premise of s…

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