Weekend Links 4-5 May 2013

Global Macro/Markets:

• Preventing The Next Catastrophe: Where Do We Stand? – imf.org
• The Lessons of the North Atlantic Crisis for Economic Theory and Policy – imf.org
• G-7 Governments Not Playing Favorites as Central Banks Revamped – Bloomberg
• Self-defeating austerity shocks – VOX

North America:

• Evaluating Progress in Regulatory Reforms to Promote Financial Stability – Federal Reserve
• Fannie, Freddie: Can’t Live With ‘Em, Can’t Live Without ‘Em – Wall Street Journal
• It’s Time to Fight the Fed – MicroFundy
• How a Much-Heralded Bank Reform Proposal Could Actually Blow Up the American Economy – alternet.org
• The amazingly consistent jobs recovery – Washington Post
• April Employment: 165,000 Jobs, 7.5% Unemployment – Calculated Risk
• Jobs Report: Winners and Losers – Wall Street Journal
• Not Enough Inflation – New York Times

Europe:

•  Spring 2013 forecast: The EU economy – slowly recovering from a protracted recession – European Union
• JPMorgan Caught in Swirl of Regulatory Woes – New York Times
• ECB: Where to exit to? Monetary policy implementation after the crisis – European Union

Asia:

• Xi Jinping’s vision: Chasing the Chinese dream – The Economist
• Japanese Banks Urged to Lend in Fight Against Deflation – Wall Street journal
• Australia says it wants closer military ties to China – Wall Street journal
• China isn’t broken – Financial Times
• China’s housing prices rise further in April despite controls – Want China Times

Local:

• Australia’s turn to enter the currency war? – Sober Look
• Big banks doing it tough – The Age
• Investors help lift property market out of slump – The Age
• Budget mis-steps will linger for years – The SMH

Other:

• Predicting Jobs Data Is Hard — and Useless, Too. – The Big Picture
• Glencore Xstrata CEO: Expect Big Layoffs – Wall Street Journal
• Youth unemployment: Generation jobless. Global problem – The Economist