France is now a flawed democracy
In a previous post, we asked whether France did turn porcine in the context of a grim fiscal outlook: The results of the democracy index of The Economist…
In a previous post, we asked whether France did turn porcine in the context of a grim fiscal outlook: The results of the democracy index of The Economist…
In a previous post, I covered the fact that the Biden administration wanted to “friend-shore” the US trade and work with “friendly” and “like-minded” countries. The new Trump…
Today, allow me to repost a blog written by Menzie Chinn about the French debt situation. The post is available on EconBrowser https://econbrowser.com/archives/2024/12/frances-sovereign-debt-situation-some-graphs According to The Economist, France…
Let me draw your attention to this piece written by Tomasz Wieladek for The Economist: https://www.economist.com/by-invitation/2023/12/11/tomasz-wieladek-has-an-explanation-for-recent-macroeconomic-puzzles In this piece, Tomasz Wieladek argues that the pandemic recession was particular…
Our recent research, written with Rashad Ahmed, Joshua Aizenman, and Gazi Salah Uddin, on the mitigating effect of foreign exchange reserves during the 2021-22 U.S. monetary tightening cycle,…
Two important characteristics of maps should be noticed. A map is not the territory it represents, but, if correct, it has a similar structure to the territory, which…
“Data! Data! Data!” he cried impatiently. “I can’t make bricks without clay.” Sherlock Holmes. The Adventure of the Copper Beeches, Sir Arthur Conan Doyle (1892). In my previous…
The rate of exchange between two countries is primarily determined by the quotient between the internal purchasing power against goods of the money of each country. The general…
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