Over at the Wall Street Journal, John Lyons delves into some of the economic challenges facing Brazil, including the strong real I mentioned yesterday: But while foreign investment is mostly a good thing, there are downsides. The abundance of cash has helped fund riskier bank loans and fueled a potential real-estate bubble. By some measures, [...]
Posts Tagged ‘International’
The Dark Side of Brazil’s Economic Rise
Posted in International, tagged Brazil, International on September 13, 2011 | Leave a Comment »
A Synchronized Slowdown in Developed Economies
Posted in Economy, International, Macroeconomics, tagged GDP, International, Macroeconomics on August 17, 2011 | 1 Comment »
Which of the following nations recorded the strongest economic growth in the second quarter? France, Germany, Italy, Japan, or the United States? This nice chart from today’s Wall Street Journal provides the answer (click for larger version): The U.S. expanded at a tepid 1.3% annual pace in Q2, but that was still better than many other [...]
Spain’s 1575 Default
Posted in Budget, History, International, tagged Debt, Debt Limit, History, International, Spain on August 1, 2011 | 1 Comment »
If all goes according to plan, the hoopla over the debt limit will soon recede. Policymakers and analysts will move on to the next new thing. And, sadly, some fascinating questions will forever go unanswered. For example, which president would appear on the trillion-dollar coin? But if you are up for one last article about default, yesterday’s piece by [...]
Avoiding Road Kill in Ghana
Posted in International, Nature, tagged Animals, Development, Ghana, Humor, International on June 28, 2011 | 1 Comment »
In Washington’s economic circles, the only animals we usually have to worry about are hawks and doves. (And the occasional raccoon or vole.) If you’re doing development research in Ghana, however, things are more complicated. Zipping from village to village on her motorcycle, my friend Liz has become intimately familiar with the behavior — often stochastic – of different [...]
Moral Hazard, Pakistan Edition
Posted in Budget, International, tagged Incentives, International, Moral Hazard, Pakistan on May 17, 2011 | 3 Comments »
The United States can’t pursue al Qaeda alone. We need help from other nations. To encourage nations to provide that help, the U.S. created the Coalition Support Fund to reimburse coalition partners for the costs they incur fighting terrorism. As Adam Entous reports in the WSJ, the prospect for such “reimbursement” creates an obvious incentive: our partners may exaggerate how [...]
Europe and the Financial Crisis
Posted in Economy, Finance, International, Macroeconomics, tagged Finance, International, Macroeconomics on January 16, 2011 | 1 Comment »
Over the New York Times Magazine, Paul Krugman has today’s must-read economics article on the fate of Europe. (Today’s in the physical world; it’s been up electronically for several days.) Krugman walks through various ways that struggling Eurozone members might adjust to their ongoing financial crisis. Along the way, he emphasizes a key point: American [...]
200 Countries, 200 Years, 4 Minutes
Posted in Data, International, Macroeconomics, tagged Data, International, Visualization on December 2, 2010 | 4 Comments »
Courtesy of the BBC. here’s the newest version of Hans Rosling’s famous presentation on economic growth and life expectancy. Keep an eye out for the moments in history when life expectancy plummets.
How Do Entrepreneurs Operate in Afghanistan?
Posted in International, tagged Afghanistan, Entrepreneurship, Incentives, International, Transaction Cost Economics on November 26, 2010 | 4 Comments »
“Uncertainty, not insecurity, is the fundamental problem for business” in Afghanistan according to a new study by Jake Cusack and Erik Malmstrom at the Center for a New American Security (ht: Zach W.). In “Afghanistan’s Willing Entrepreneurs: Supporting Private-Sector Growth in the Afghan Economy,” they report: In national surveys, insecurity ranks at the top of [...]
Now Available in Dozens of Languages
Posted in Blog Admin, International, Internet, tagged Blogging, Google, International on March 17, 2010 | 5 Comments »
Good news for international readers: Thanks to Google Translate, you can now read this blog in several dozen languages. Just click on the language you want in the box to the right. (For those of you reading this via email, Google Reader, etc., here are some example links: German and Spanish.) P.S. Kudos to the WordPress [...]
Greece Starts Selling … But Not Corfu
Posted in Budget, International, tagged Debt, Greece, International on March 17, 2010 | 1 Comment »
Greece is ready to start selling assets, according to the Wall Street Journal, but Corfu and the Parthenon are not on the auction block (no surprise there). Instead, the government figures that by selling its stakes in a bank and a betting company, as well as its share of the national telecommunications company, it can [...]
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