Alexandre Leroy
@alexandrelry.bsky.social
Public Finance. Emerging Markets. Likes and retweets are not endorsements.
Reposted by Alexandre Leroy
Nous mettons en accès public un document de travail (« working paper ») qui reprend et étend la note 92 de l’IPP sur l’imposition des milliardaires (1/10) www.ipp.eu/publication/...
Quels impôts les milliardaires paient-ils ? | Institut des Politiques Publiques – IPP
> Lire la note (version actualisée au 07.06.2023) > Lire le working paper (septembre 2025) > S'abonner pour recevoir les futures publications de l'IPP Présentation A l’aide de données administratives ...
www.ipp.eu
September 23, 2025 at 9:39 AM
Nous mettons en accès public un document de travail (« working paper ») qui reprend et étend la note 92 de l’IPP sur l’imposition des milliardaires (1/10) www.ipp.eu/publication/...
Reposted by Alexandre Leroy
Top notch post from Brad Setser & Stephen Paduano on Milei and the Trump bailout.
"... there are no atheists in foxholes. And there aren’t many libertarians in a financial crisis."
on.ft.com/3Iq4QpH
"... there are no atheists in foxholes. And there aren’t many libertarians in a financial crisis."
on.ft.com/3Iq4QpH
Other people’s money, and the problem with Mileism
The US Treasury needs to get Argentina on a better policy path before it blows through the Exchange Stabilization Fund
on.ft.com
September 30, 2025 at 7:24 AM
Top notch post from Brad Setser & Stephen Paduano on Milei and the Trump bailout.
"... there are no atheists in foxholes. And there aren’t many libertarians in a financial crisis."
on.ft.com/3Iq4QpH
"... there are no atheists in foxholes. And there aren’t many libertarians in a financial crisis."
on.ft.com/3Iq4QpH
Reposted by Alexandre Leroy
1/15
This interesting essay by Oliver Kim on Chinese underconsumption was set off by a recent C40 Policy brief that argues, in the words of its title, that "China's consumption is not nearly as low as it appears."
www.global-developments.org/p/does-china...
This interesting essay by Oliver Kim on Chinese underconsumption was set off by a recent C40 Policy brief that argues, in the words of its title, that "China's consumption is not nearly as low as it appears."
www.global-developments.org/p/does-china...
Does China Underconsume?
Misadventures in Alternative Data
www.global-developments.org
August 26, 2025 at 9:56 AM
1/15
This interesting essay by Oliver Kim on Chinese underconsumption was set off by a recent C40 Policy brief that argues, in the words of its title, that "China's consumption is not nearly as low as it appears."
www.global-developments.org/p/does-china...
This interesting essay by Oliver Kim on Chinese underconsumption was set off by a recent C40 Policy brief that argues, in the words of its title, that "China's consumption is not nearly as low as it appears."
www.global-developments.org/p/does-china...
Reposted by Alexandre Leroy
1/12 This Foreign Affairs piece by Dan Wang and Arthur Kroeber argues the US misunderstands why China succeeds in tech and manufacturing. The problem isn't that China "cheats" - it's built deep infrastructure enabling rapid innovation. I agree.
buff.ly/ZpA3DSo
buff.ly/ZpA3DSo
August 20, 2025 at 8:55 PM
1/12 This Foreign Affairs piece by Dan Wang and Arthur Kroeber argues the US misunderstands why China succeeds in tech and manufacturing. The problem isn't that China "cheats" - it's built deep infrastructure enabling rapid innovation. I agree.
buff.ly/ZpA3DSo
buff.ly/ZpA3DSo
Reposted by Alexandre Leroy
The whole China green manufacturing thing is understood - I think? - as a key factor in the energy complex, geopolitics, and climate. People have heard of the Pakistan story; where a quarter of electricity is now solar compared to >10% in 2023.
But, like: things keep happening!
But, like: things keep happening!
August 21, 2025 at 5:05 AM
The whole China green manufacturing thing is understood - I think? - as a key factor in the energy complex, geopolitics, and climate. People have heard of the Pakistan story; where a quarter of electricity is now solar compared to >10% in 2023.
But, like: things keep happening!
But, like: things keep happening!
Reposted by Alexandre Leroy
1/9
Kenya is in talks to convert the debt it owes to China from USD to RMB. About $5 billion of its $40 billion in external debt is owed to China.
It makes sense for developing countries to diversify their external debt away from a single currency.
www.bloomberg.com/news/article...
Kenya is in talks to convert the debt it owes to China from USD to RMB. About $5 billion of its $40 billion in external debt is owed to China.
It makes sense for developing countries to diversify their external debt away from a single currency.
www.bloomberg.com/news/article...
Kenya in Talks With China to Convert Dollar Loans Into Yuan Debt
Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Treasury Secretary John Mbadi said.
www.bloomberg.com
August 21, 2025 at 4:30 AM
1/9
Kenya is in talks to convert the debt it owes to China from USD to RMB. About $5 billion of its $40 billion in external debt is owed to China.
It makes sense for developing countries to diversify their external debt away from a single currency.
www.bloomberg.com/news/article...
Kenya is in talks to convert the debt it owes to China from USD to RMB. About $5 billion of its $40 billion in external debt is owed to China.
It makes sense for developing countries to diversify their external debt away from a single currency.
www.bloomberg.com/news/article...
Reposted by Alexandre Leroy
Important Fed study showing evidence of de-dollarization in Chinese bank lending. When Chinese banks lend to other EMs, they are now doing so in RMB
www.federalreserve.gov/econres/note...
www.federalreserve.gov/econres/note...
May 19, 2025 at 9:16 AM
Important Fed study showing evidence of de-dollarization in Chinese bank lending. When Chinese banks lend to other EMs, they are now doing so in RMB
www.federalreserve.gov/econres/note...
www.federalreserve.gov/econres/note...
Reposted by Alexandre Leroy
China is on its way to becoming the world’s first major 'electrostate', with a growing share of its energy coming from electricity and an economy increasingly driven by clean technologies 📈🌏🧵
w/ @janatausch.bsky.social and Ed White
on.ft.com/3EWY5Kd
w/ @janatausch.bsky.social and Ed White
on.ft.com/3EWY5Kd
How Xi sparked China’s electricity revolution
[FREE TO READ] Beijing’s aggressive pursuit of energy self-sufficiency could give it the upper hand in the trade war with the US
on.ft.com
May 12, 2025 at 10:13 AM
China is on its way to becoming the world’s first major 'electrostate', with a growing share of its energy coming from electricity and an economy increasingly driven by clean technologies 📈🌏🧵
w/ @janatausch.bsky.social and Ed White
on.ft.com/3EWY5Kd
w/ @janatausch.bsky.social and Ed White
on.ft.com/3EWY5Kd