US Press Statement: Ethiopia’s May 24 Parliamentary and Regional Elections

Press Statement Marie Harf Deputy Department Spokesperson, Office of the Spokesperson Washington, DC May 27, 2015 The United States commends the people of Ethiopia for their civic participation in generally peaceful parliamentary and regional elections on May 24. We acknowledge the National Electoral Board’s organizational efforts and the African Union’s role as the only international…

China Is Very, Very, Very, Very Big

By Noah Smith, Bloomberg Larry Summers and Lant Pritchett have written a paper predicting a Chinese growth slowdown. In 2013, Barry Eichengreen, Donghyun Park, and Kwanho Shin wrote a paper with much the same message, which accurately predicted the recent Chinese slowdown from about 10 percent annual growth to about7.5 percent. In fact, the most…