Links 18 March 2013

Global Macro/Markets:

• Populate or perish? – The Global Mail

North America:

• Deficit hawks that they should be pushing for a carbon tax – New York Times
• The Cyclically Adjusted Budget Balance: Shrinking Rapidly – Econbrowser

Europe:

• This Crazy Cyprus Deal Could Screw Up A Lot More Than Cyprus – Business Insider
• Expect Cyprus’ deal to cause bank runs across Europe – Global Economic Analysis
• There is no moral imperative for whacking Cypriot widows and leaving senior bank bondholders untouched – The Economist
• Cyprus Bank gets bailed out, however passed the 2011 stress test easily!? Let”s hope the other 89 banks tested are OK – globalservenetwork
• Why today’s Cyprus bailout could be the start of the next financial crisis – Washington Post
• A vote on whether to leave the euro? What’s next in Cyprus? – Open Europe Blog
• Euro zone agrees 10 billion euros bailout for Cyprus – Reuters
• Beppe Grillo of Italy Is the Most Dangerous Man in Europe – Der Spiegel

Asia:

• A Battle for the ‘Seoul’ of South Korea’s Economy – The Diplomat
• China’s new leaders vow to cut red tape – Financial Times
• Chinese authorities crack down on “rebel village” in Guangdong – The Telegraph
• China to tighten screws on local government financing platforms – Want China Times
• Singapore’s Population Debate Grows Heated – The Diplomat
• China’s new premier Li Keqiang vows fresh reform push – The Age
• America’s New China Battle Plan? – The Diplomat

Local:

• The Rise of the New Right – The Monthly
• Stiglitz on Australia’s surplus fetishism – Project Syndicate
• Sydney to expand housing supply – ABC News
• Voters pick-up on lost economic credentials – The AFR
• Banks’ wealth arms in APRA’s sights – The AFR
• FIFOs spread benefits of boom – The Australian