Relevant and even prescient commentary on news, politics and the economy.

The NY Times Is Misleading. And Who Is Correct? Eurostat or China Customs?

The NY Times Is Misleading. And Who Is Correct? Eurostat or China Customs? by Rebecca Wilder The NY Times reports quite a dire situation as regards the slump in the value of Chinese exports to the European Union in July: Data published this month showed that China’s exports to the European Union had sunk 16.2 percent […]

Exchange rate pegs getting a new look?

This article at Voxeu reminded me that exchange rate pegs might come back in vogue. Voxeu has an article on the “trilemma” of ’emerging’ economies: Do sterilised interventions allow countries a way around the fundamental trilemma of international finance by providing them with a means of systematically affecting exchange rates independent of their monetary policies? […]