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If China Wants To Bail Out Europe, Here's How It Should Be Done

Yesterday, NPR ran a segment about Europe turning to China to help fund its bailout package, contrasting Arvind Subramanian’s view — that this signals an important shift in the balance of economic power — with my own — that China’s piling up of foreign currency reserves is part of the problem, and that if China wanted to do Europe, and itself, a real favor, it would spend those reserves rather than lend them.
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'How Economics Managed to Make Amends'

Business & Finance / Economics : Economist's View (5 years ago)

Arvind Subramanian defends economics: How economics managed to make amends, by Arvind Subramanian, Commentary, Financial Times: In 2008, as the global financial crisis unfolded, the reputation of economics as a discipline and econom...

"The Growth Future – India and China"

Business & Finance / Economics : Economist's View (7 years ago)

Arvind Subramanian says when it comes to sustaining economic growth, China is likely to do better than India: The growth future – India and China, by Arvind Subramanian, Vox EU: Can China and India sustain their current growth rates...

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Business & Finance / Economics : Trade Diversion (3 years ago)

Arvind Subramanian (pdf): China has become too economically dominant for the United States to engage with China on its own. That is one of the major changes that has occurred in the world economy over the last decade. Fortunately, t...

Secondary Sources: China vs. India, Recession, Energy Policy

Business & Finance / Economics : Wall Street Journal Economics Blog (7 years ago)

A roundup of economic news from around the Web. India vs. China: Writing for the voxeu blog, Arvind Subramanian takes the opposite view of this RTE post from yesterday, arguing that China's long-term growth prospects are better than...

Learning to Live With China’s Economic Dominance

Business & Finance / Economics : Global Development (4 years ago)

By Arvind Subramanian - Arvind Subramanian is a joint senior fellow at the CGD and the Peterson Institute. This post appeared originally on the Peterson Institute’s China Economic Watch blog. Is China poised to take over from the Un...

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