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December 13, 2007

United States
Richard Iley on the US current account deficit

Richard IleyBrad Setser: Richard Iley of BNP Paribas – the author, with Mervyn Lewis, of a new book on the US current account deficit --- doesn’t see the world quite the way I do.   I put a l…

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Blog Post by Brad W. Setser Follow the Money

July 30, 2007

Monetary Policy
The shift toward sovereign wealth funds: the policy debate

Both the Financial Times and the Wall Street Journal have done a great job reporting on the rise of sovereign wealth funds.   Joanna Chung and Tony Tassel’s nuanced analysis of the impact of sovereig…

Blog Post by Brad W. Setser Follow the Money

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…

Blog Post by Brad W. Setser Follow the Money

February 21, 2011

TWE Celebrates Presidents’ Day Because It Is the Day of Presidents

President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009. (Kevin Lamarque/courtesy Reuters) Being president o…

U.S. President George W. Bush meets with former Presidents and President-elect Obama in the Oval Office of the White House in Washington, January 2009.
Blog Post by James M. Lindsay The Water's Edge