About the Author:
Jeffrey A. Frankel is the James W. Harpel Professor of Capital Formation and Growth at Harvard Kennedy School. He directs the Program in International Finance and Macroeconomics at the National Bureau of Economic Research, where he is also on the Business Cycle Dating Committee, which officially declares recessions. He currently serves on advisory panels for the Federal Reserve Banks of New York and Boston, the Bureau of Economic Analysis, and the Peterson Institute for International Economics.
Tag Archives: International Trade
Japan Adjusts
My preceding blog-post discussed the process whereby the undervalued renminbi and large Chinese trade surplus have begun to adjust in earnest, over the last three years. The adjustment in the Chinese trade balance is reminiscent of Japan with a 30-year … Continue reading
Posted in Asia, International Trade, Uncategorized
Tagged Asia, International Trade, Uncategorized
Comments Off on Japan Adjusts
China Adjusts
The world is waiting to see whether China has successfully achieved a soft landing, slowing down the economy from its overheated state of a year ago to a more sustainable rate of growth. Some China-watchers fear it could hit the … Continue reading
Posted in Asia, China, Dollar, Exchange Rates, International Trade
Tagged Asia, China, Dollar, Exchange Rates, International Trade
Comments Off on China Adjusts
“Build To Last” – A Reaction To Obama’s State Of The Union Message
Obama’s slogan for the SOTU last night, “An Economy Built to Last,” was a way of referring to one of the accomplishments of his first years: successfully reviving the auto industry, which many had said couldn’t be done without nationalizing it. … Continue reading
Posted in Budget, Financial Regulation, Fiscal Stimulus, International Trade, Labor Market, Obama Administration, Recession
Tagged budget, Financial Regulation, Fiscal Stimulus, International Trade, Labor Market, Obama Administration, Recession
Comments Off on “Build To Last” – A Reaction To Obama’s State Of The Union Message
Escaping The Oil Curse
Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate. Perhaps Iraqis, after a decade of warfare, feel the same way. Both countries are oil producers, and there is … Continue reading
Posted in Africa and commodities, Commodities, Economic Development, International Trade, Iraq, Oil
Tagged Africa and commodities, Commodities, Economic Development, International Trade, Iraq, Oil
Comments Off on Escaping The Oil Curse
Combating Volatility in Agricultural Prices
Under French President Nicolas Sarkozy’s leadership, the G-20 has made addressing food-price volatility a top priority this year, with member states’ agriculture ministers meeting recently in Paris to come up with solutions. The choice of priorities has turned out to be timely: world food prices reached a record high earlier in 2011, recalling a similar […] Continue reading
belferfrankel.wordpress.com 