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Last Days of Rome

Roubini Topic Archive: Taiwan

  • Taiwan: Time to Deal From a Position of (Relative) Strength

    The egg-shell walk of American diplomats over the sale of what amount to spare parts for a portion of Taiwan’s air force should put to rest any question about where the island, regarded by China as a renegade province, is heading. As recently as 2007, American carriers hovered nearby and the RAND Corporation predicted in [...]

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  • China’s Carrier and Other Sources of American Hysteria

    The onset of strategic paranoia — the vigil kept by those at the top of the heap who regard any development as the beginning of the end — is a sure sign the beginning of the end has, indeed, occurred. Watch carefully for paranoia’s symptoms as the United States reacts to China’s decision to confirm [...]

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  • Geopolitical Risks: The Not-So-Pacific Rim

    While any region of the size and complexity of the Pacific Rim is bound to see flare ups of rivalry and conflict, the coastal zone stretching roughly from the Malacca Straits to the Korean Peninsula has proved particularly busy in the second half of 2010. Three major drivers explain the current volatility: China’s rise in [...]

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Thomas Grennes Thoughts From Across the Atlantic

Thomas Grennes is a professor of economics at the North Carolina State University and a former visiting faculty member at the Stockholm School of Economics in Riga. His research has dealt with various aspects of international economics, including open economy macroeconomics, international finance, and international trade in agricultural products. Recent research topics have included macroeconomic aspects of the Great Moderation, offshore outsourcing, sovereign wealth funds, and the relationship between government debt and economic growth. Earlier work dealt with emerging market issues in the Baltic countries and Russia and trade and macro policies in Sub-Saharan Africa. Economic history topics include the Columbian Exchange of plants and animals, the effects on food markets of introducing mechanical refrigeration, and the integration of Tsarist Russia into the world grain market. When he is not involved in economics, he enjoys mountain hiking.

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