Focus on International Economics

Focus on International Economics

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In a July 26 commentary economists Claudio Borio and Piti Disyatat discussed the problem of global financial imbalances and their role in causing the financial crisis.

Also on July 26, the United Nations published a report on global foreign direct investment.

On July 22, the European Central Bank published a study on the international role of the euro.

On July 21, the Peterson Institute published a study examining Europe’s options for dealing with its debt problems.

In a July 11 commentary, economists Amar Bhide and Edmund Phelps were highly critical of the International Monetary Fund’s economic model.

On July 1, the European Union reported that taxes as a share of GDP fell to 38.4 percent in 2009 from 39.3 percent in 2008.

On June 28, the Commerce Department reported that the foreign debt of the United States was $2.4 trillion in 2010. That is, the aggregate value of American assets owned by foreigners exceeded the value of foreign assets owned by Americans by $2.4 trillion.

On June 26, the Bank for International Settlements published its annual report. It presents a thorough review of international economics and finance over the last year.

On June 17, RAND posted a study of low fertility rates in Europe, which have been below the replacement rate for some years.

A May 17 study by Swedish economist Andreas Bergh examined the history of Sweden’s welfare state.

I last posted items on this topic on June 16.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column at The Fiscal Times. Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including the New York Times best-seller, Imposter: How George W. Bush Bankrupted America and Betrayed the Reagan Legacy (Doubleday, 2006).

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.