Applied international economist with experience at the U.S. Treasury and the International Monetary Fund. Currently examining central bank reserve growth, sovereign wealth funds, and the political implications of emerging market financing of the United States.

Experience:

Senior economist, RGEMonitor (2004 - 2007); International Affairs Fellow, Council on Foreign Relations (2003); visiting scholar, International Monetary Fund (2002, 2004); U.S. Treasury, International Affairs (1997 - 2001), last serving as the acting director of the office for international monetary and financial policy.

Recent Blog Posts by Brad Setser

• SAFE, State Capitalist? July 22nd, 2009
• The Savings Glut. Controversy Guaranteed. June 30th, 2009
• The good and bad news in the World Bank’s China Quarterly June 23rd, 2009
• I am pretty sure China didn’t sell Treasuries in April (or May, for that matter) June 19th, 2009
• The return of Bretton Woods Two? (or Bretton Woods 2.1?) June 8th, 2009
• Change or more of the same? June 5th, 2009
• The (almost) $2.5 trillionaire … May 26th, 2009
• Different conceptions of China’s future role in the global financial system May 18th, 2009
• China’s Compensation for Taking Dollar Risk… May 11th, 2009
• Additional confirmation China bought US equities from mid-2007 to mid-2008 May 1st, 2009
• Chinese demand v new Treasury supply: new charts April 29th, 2009
• It is hard to put lipstick on a pig (or even an ox) February 11th, 2009
• Is complaining about others’ protectionism protectionist? February 10th, 2009
• Still plenty to worry about … February 6th, 2009
• Asia’s two recessions February 3rd, 2009
• Secrets of SAFE: A trillion of Treasuries here, a trillion there and pretty soon you are talking about real money … February 1st, 2009
• Read Dean, Areddy and Ng on the management of China’s reserves during the crisis January 30th, 2009
• There is currently a shortfall in Chinese demand for the world’s goods, not Chinese demand for the world’s bonds January 28th, 2009
• Worry about a fall in China’s demand for the world’s goods, not a fall in China’s demand for Treasuries January 20th, 2009
• A few quick words on the November TIC data January 19th, 2009
• Secrets of SAFE: A sharp slowdown in reserve growth and large “hot” outflows in q4…. January 16th, 2009
• China hasn’t (yet) lost its appetite for US Treasuries … January 13th, 2009
• More bad trade data from Asia January 12th, 2009
• The China Not-Investing Corporation January 7th, 2009
• As trade slows, China doesn’t rethink its growth strategy … January 6th, 2009
• Seems right to me: China has lost its appetite for risky assets January 3rd, 2009
• Chieuropa? December 21st, 2008
• Global trade is shrinking, fast December 12th, 2008
• China is starting to sound like a normal creditor country December 8th, 2008
• Should the currency of the country with a large and growing trade surplus and large and growing reserves depreciate against the dollar? December 4th, 2008
• You know it is a crisis when the trade deficit could have been financed just by selling t-bills to China and European banks November 21st, 2008
• China’s fiscal stimulus doesn’t necessarily mean that it will stop buying Treasuries November 12th, 2008
• Does a bigger boom imply a bigger bust? November 10th, 2008
• How severe a slump in China? November 7th, 2008
• Will the world’s macroeconomic imbalances soon reduce to China’s surplus and offsetting deficits in the US and Europe? October 18th, 2008
• China buys, Norway sells September 14th, 2008
• Interesting September 6th, 2008
• Forget about the CIC. The state banks are the real story for now September 4th, 2008
• What export slowdown? August 20th, 2008
• Nouriel Roubini gets a medal … August 19th, 2008
• Value-added in China’s export sector and China’s exposure to a global slump August 16th, 2008
• Old habits die hard … August 11th, 2008
• Reversal of fortune August 6th, 2008
• How fast will China’s economy slow? And will China also slow the pace of RMB appreciation? July 25th, 2008
• Just how much money does China have? How fast are China’s foreign assets growing? And how much is hot money? July 22nd, 2008
• The May TIC data (with special attention to Agencies and London) July 18th, 2008
• A bit more on the Agency portfolios of the world’s central banks July 16th, 2008
• The mystery deepens. China’s June reserve growth is surprisingly low. July 15th, 2008
• China’s June exports: still chugging along, despite all the talk to the contrary July 14th, 2008
• Maybe China is a typical creditor after all July 10th, 2008
• A tale of two Asias: China, and almost everyone else June 27th, 2008
• The London Times’ take on Chinese equity investment abroad June 25th, 2008
• Yet more evidence relative prices matter June 23rd, 2008
• Maybe the CIC isn’t motivated entirely by commercial gain … June 20th, 2008
• Is Chinese export growth accelerating once again? June 18th, 2008
• Should SAFE be considered a SWF? June 16th, 2008