The prices of hydrocarbons, minerals, and agricultural commodities have been on a veritable roller coaster. While commodity prices are…
It is striking how often countries that are
rich with oil, minerals or fertile land have
failed to grow more rapidly than those without.…
All of a sudden, the renminbi is being touted as the next big international currency. Just in the last year or two, the Chinese currency…
Just in the last year or two, the Chinese currency has begun to internationalize along a number of dimensions. A RMB bond market has grown…
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
Fiscal policy is taking centre stage. Among advanced countries, the news is bad; Europe’s periphery teeters, the UK slashes, the US…
Fiscal and monetary policy each has a role to play in mitigating the volatility that stems from the large trade shocks hitting commodity-…
How many times have we heard that the nation state is passé? That borders have disappeared, that distance is dead, that the Earth is flat,…
The Globalization Paradox - Democracy and the Future of the World Economy. Dani Rodrik, February 2011, Book. "Surveying three…
How many times have we heard that the nation state is passé? That borders have disappeared, that distance is dead, that the Earth is flat,…