Category Archives: Burkina Faso

There have been many spikes in the euro zone’s crisis fever in the past, of course, with a bailout here or a stopgap measure there seeming to calm things for a while. But this time, Europe may have reached a … Continue reading →

China’s currency dropped further in May against the dollar than in any other month since the Chinese government began allowing the renminbi to appreciate gradually in the summer of 2005, in a currency market shift that could help Chinese exports … Continue reading →

There is a huge developing story in China’s currency, the renminbi. After years of structural under-valuation, things are changing. China faces what we have described before as a “dollar shortage” problem, a situation it last faced on a major level … Continue reading →

House Prices Plunge in Chinese Ghost Town – YouTube.

via No Guarantee « Patrick Chovanec. In early April, Caixin magazine ran an article titled “Fool’s Gold Behind Beijing Loan Guarantees”, which documented the silent implosion of Zhongdan Investment Credit Guarantee Co. Ltd., based in China’s capital. “What’s a credit … Continue reading →

A number of readers, both at this blog and other places, have been asking for an explanation of what IS-LM is all about. Fair enough – this blogosphere conversation has been an exchange among insiders, and probably a bit baffling … Continue reading →

After weeks of speculation and debate, Egyptians went to the polls on Wednesday to cast ballots in the Arab world’s first competitive presidential election. via The New York Times – Breaking News, World News & Multimedia.

Inside Job clip ‘Mishkin Looks Bad’ – At UK Cinemas February 18th – YouTube.

The Mexican Peso Crisis of the Mid-1990s – YouTube.

Mishkin on Lessons from the Crisis.

In our MBA curriculum reform we tried to convince part of the faculty to go this route, and they were completely opposed, with no interest in listening or experimenting. How about a randomized experiment for what works to get faculty … Continue reading →

The online version of this article here in Perspectives on Psychological Science 2012 7: 221. Abstract By 2025, when most of today’s psychology undergraduates will be in their mid-30s, more than 5 billion people on our planet will be using … Continue reading →

From Kun Guo and co-authors, confirmation of an earlier finding that dogs, like humans, exhibit left gaze bias to better and more quickly read emotions (more likely expressed on right side of face) in humans. Sensitivity to the emotions of … Continue reading →

Two college professors, Chris M. Herbst and John Ifcher, are challenging the collective, if counterintuitive, wisdom. Being a parent, they say, really does make people happier than the alternative — in part because over the past few decades, those who … Continue reading →

One-Time Transfers of Cash or Capital Have Long-Lasting Effects on Microenterprises in Sri Lanka Suresh de Mel, David McKenzie, Christopher Woodruff in Science 24 February 2012:Vol. 335 no. 6071 pp. 962-966DOI: 10.1126/science.1212973 Abstract: Standard economic theory suggests that one-time business … Continue reading →

Rising import costs (particularly food inflation) are nearly impossible to control when the currency weakens this much. Credit Suisse: With India looking rather stagflationary at present, the Reserve Bank of India faces somewhat of a dilemma. Does it ease policy … Continue reading →

I wonder if Greece was actually sanctioned?  I can’t find relevant news articles, but this one suggests they were not (it suggests Hungary will be first country sanctioned). EU FINANCE ministers have backed a European Commission plan to impose financial … Continue reading →

In 2001, just after Greece was admitted to Europe’s monetary union, Goldman helped the government quietly borrow billions, people familiar with the transaction said. That deal, hidden from public view because it was treated as a currency trade rather than … Continue reading →