Tag Archives: monetary policy

Investing at Home in Africa

(photo: William Bedzrah) One of the traditional problems of economic development in sub-Saharan Africa is that internal African investment dollars tend to be spent outside the continent. Thus it’s interesting to see Nigerian investment in Ghana has now reached $580 … Continue reading

Posted in Developmental economics, Economics, Foreign affairs, Lee's Page, Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

Ripple Effects in the Food Trade

Posted first at Registan.net When last I touched on the global food crisis and how it is impacting Afghanistan and the rest of Central Asia, I noted that countries continuing to ban wheat exports would make the problem worse by … Continue reading

Posted in Developmental economics, Economics, Foreign affairs, regulation | Tagged , , , , | 1 Comment

Martin Feldstein on the Economy, Credit Markets and Economic Risk

Departing director of the National Bureau of Economic Research, Martin Feldstein, on the economy, credit markets and a lot more in his latest opinion piece and discussion on the Charlie Rose show.

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Markets Tank

World markets are not happy with the stimulus plan. My breakdown of the plans likely impact can be found here. Share prices in Asia, Europe and the Americas all plunged by significant amounts; Wall Street only avoided joining the tumble … Continue reading

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ChrisB and the Federal Reserve

Chris asked what he thought the Federal Reserve could have done differently. I gave him an answer, but there was more to be said. My full answer is here. Scroll around, there is a lot more on the what could … Continue reading

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Monetarist Hero Anna Schwarz on the Fed

Milton Friedman’s research partner, Anna Schwartz, goes after the federal reserve: As rebukes go in the close-knit world of central banking, few hurt as much as the scathing indictment of US Federal Reserve policy by Professor Anna Schwartz. The high … Continue reading

Posted in Economics, Lance's Page | Tagged , , , , , , | 5 Comments