…although it helps.
I never thought an advanced economy government could pursue stupider policies than that implemented under the Trump administration. Consider me corrected on this point – case in point, the United Kingdom in 2022.
Category Archives: international
Weekly Economic Activity in the UK, and Two Self-Inflicted Wounds
So far, the UK economy is plugging along, according to the OECD Weekly Tracker (through 9/17). But (understatement of the year), challenges have arisen.
Guest Contribution: “U.S. Trade Deficits and Exchange Rates”
Today, we’re fortunate to have Willem Thorbecke, Senior Fellow at Japan’s Research Institute of Economy, Trade and Industry (RIETI) as a guest contributor. The views expressed represent those of the author himself, and do not necessarily represent those of RIETI, or any other institutions the author is affiliated with.
Russian GDP in Q2
Quarter-on-quarter numbers are out (y/y were out earlier). From Iikka Korhonen:
Ukraine Military SitRep Sept 8th
From ISW, as of 9:30pm ET 9/8 (in reply to queries):
Nearly 45 Years of the Chinese Yuan Exchange Rate
Official vs. effective, real vs. nominal, bilateral vs. multilateral.
Euro Area GDP Nowcasts, Pre-NordStream Indefinite Shutdown
Natural gas futures surge as Gazprom announces shutdown. What were nowcasts indicating before this announcement? Nowcasts from Banca d’Italia via CEPR, Cascaldi-Garcia et al., and Woloszko/OECD.
“The Impacts of Crises on the Trilemma Configurations”
Excepting international reserves, trilemma configurations were durable through the global financial crisis. From Aizenman, Chinn and Ito (forthcoming Open Economies Review, 2022) (also NBER WP No. 30406).
Foreign Direct Investment in 2021 – A Nascent Recovery?
UNCTAD’s World Investment Report 2022 came out recently. Figure 1 depicts the recovery of FDI inflows.
If We End Up Talking about the Global Recession of 2023, What/Who Will We Blame?
As forecasts are marked down (IMF releases new forecasts on Tuesday), here in two pictures is my answer: