Posts From Ned Pagliarulo
Missed opportunity to make US food aid more effective
The United States Congress looks set to approve a farm bill in the coming weeks that would pass on a chance to improve the way the US distributes aid. The
Shale boom prompts calls for expanded US oil and gas exports
As US energy production increases from newly tapped shale resources, powerful voices are calling for a reexamination of the limitation on US crude exports and for a faster process permitting exports of liquefied
East African Community moves toward a single currency
The East African Community (EAC) signed a Monetary Union Protocol at the end of last year, putting it on track to introduce a single currency by 2024. The East African Community,
Central banks rely on forward guidance
As interest rates remain low among developed economies, shaping expectations through communication is proving to be an effective monetary tool. Communicating the taper At its last monetary policy meeting, the
The Volcker Rule depends on regulator cooperation
Over three years in the making, a key piece of the Dodd Frank Wall Street Reform and Consumer Protection Act reaches completion and limits proprietary trading by US banks. Yet,
Fed mulls taper, possible changes in guidance
A strong December U.S. jobs report has fueled speculation on the possibility of a taper of asset purchases in December or January. However, job numbers are not clear-cut for a
TPP delayed as US auto makers push for currency clause
As the year’s end deadline for the Trans-Pacific Partnership (TPP) deal nears, US lawmakers press to include a provision on currency manipulation – in part to support US automakers. Including
IMF conference paper links currency depreciation to post-crisis growth
A new paper presented at the IMF’s Annual Research Conference suggests that emerging markets should counter liquidity problems from capital outflows with currency depreciation and reserve sales. Read the full IMF
The shale gas revolution is about to hit China
Shale gas extraction shows promising signs in China. The current 5-year plan aims to produce 60-100 billion cubic meters by 2020, so look for a more cohesive Chinese approach to
Fukushima amplifies Japanese energy import dependence
The Fukushima disaster demonstrates Japan’s reliance on energy imports as Tokyo shuts down its reactors and spends billions on stop-gap energy production. When Typhoon Wipha flooded Japan with heavy rains last
