Tag Archives: Iraq

Escaping The Oil Curse

Posted on December 15, 2011 by belferfrankel

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 →

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UAE and Other Gulf Countries Urged to Switch Currency Peg from the Dollar to a Basket That Includes Oil

Posted on July 8, 2008 by belferfrankel

 
The possibility that some Gulf states, particularly the United Arab Emirates, might abandon their long-time pegs to the dollar has been getting increasing attention recently (for example, from Feldstein and, especially, Setser).   It makes sense.  The combination of high oil prices, rapid growth, a tightly fixed exchange rate, and the big depreciation of the dollar against other currencies (especially […] Continue reading →

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The NYT Should Have Paid More Attention To The Nordhaus Estimates Before The Iraq War

Posted on March 19, 2008 by belferfrankel

At the 5th anniversary of the war in Iraq, estimates of its long-run cost range from $1.2-$1.7 trillion by my former colleague Peter Orszag, now Director of the Congressional Budget Office, to $2 – 3 trillion by my current colleague … Continue reading →

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