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Ukraine should adopt an ‘Export Price Norm’
It has not be a great year for Emerging Markets and the next Emerging Markets country to worry about could very well be Ukraine. This is what my Danske Bank colleague Sanna Kurronen has to say about...
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I Am An Ukrainian
My readers have to excuse me, but these days I can’t think about monetary policy. What is on my mind is the terrible events in Ukraine. I have for the past 15 years spend a lot of time in Central and...
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A Crimean style aggregate supply shock
It has been a busy couple of weeks for me. It is events in particularly Ukraine, Turkey and partly Venezuela that have kept me very busy so there has not been much time or energy for blogging. My blog...
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Echoes from the past – how Molotov declared war on Poland in 1939
I got this from Erwan Mahé‘s excellent newsletter Thaler’s Corner: NOTE OF THE GOVERNMENT OF THE U.S.S.R. DELIVERED TO THE POLISH AMBASSADOR IN MOSCOW IN THE MORNING OF SEPTEMBER 17, 1939 September 17,...
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Gary Becker has died. Long live economic imperialism!
As geopolitical tensions in Ukraine have been rising I have found myself thinking about the impact of such events on markets and economies. One thing is to understand what is actually going on and...
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Adam Tooze’s great insights into the history of Europe
I spend the weekend with my family in the Christensen vacation home in Skåne (Southern Sweden). I didn’t do any reading, but I had time to watch a fantastic lecture series on YouTube with one of my...
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We need a mechanism for sovereign debt crisis resolution
In the future I will be writing a weekly column for the Danish business daily Børsen. The first column appears in today’s edition of the newspaper (you can read the article in Danish here)....
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The very unpleasant echo from the 1930s
I am trying very hard not to become alarmist, but I must admit that I see very little positive news at the moment and I continue to see three elements – monetary policy failure/weak growth, the rise of...
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