Council of Councils
Think Global Health
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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April 20, 2009
The central bank panic of 2008
Central bank purchases of Agencies in 2007 (Setser and Pandey estimate, based on the survey data – the BoP data should be similar once it is revised to reflect the 2008 survey): $300 billion. Centra…
April 15, 2009
Monetary Policy
China reduced its dollar holdings in February
It is a good thing the US trade deficit has come down, because foreign demand for US financial assets -- actually foreign demand for US assets other than short-term Treasury bills -- has dried up. …
June 15, 2009
Monetary Policy
Three quick points on the April TIC data
One. This was a very weak report. Very modest demand for US financial assets from the rest of the world is creating ongoing pressure for the US to adjust -- that is for the US trade deficit to fa…
July 29, 2009
Monetary Policy
Pot calling kettle black?
One thing that has puzzled me is that some of the countries that have -- implicitly at least -- been most critical of the expansion of the Fed’s balance sheet during the crisis long have had much lar…
December 14, 2017
Women and Women's Rights
#MeToo Goes Global and Crosses Multiple Boundaries
The #MeToo campaign has spread across the globe, with women in eighty-five countries and counting using the hashtag to call attention to pervasive sexual harassment and workplace discrimination.
