15th June 2012
In her assessment of how eurozone government debt works, Layna Mosley says bond yield fluctuations don't generally lead to long-term devaluations nor do they automatically constrain governments. Foreign Affairs
Edward Paul Lazaer uses a baseball analogy to explain why claims that the U.S. economy has slowed during the past couple of years because it was in poor shape when Barack Obama took office in January 2009 makes no sense. Hoover Institution
A report by the credit rating agency Standard and Poor's (S&P) warns that "setbacks or reversals in India's path towards a more liberal economy could hurt its long-term growth prospects and, therefore, its credit quality." TIME
Sudeep Reddy highlights a report by Global Trade Alert which says at least 110 new protectionist measures (export restrictions and higher tariffs) have been implemented around the world since the G-20 met last November. Real Time Economics
Simon Johnson notes that "a deep governance problem" exists at the heart of the Federal Reserve System. "Prominent executives in the financial sector and their close allies are much too involved in how the New York Fed operates." Economix
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