(Page 50 of 63: 
News and Analysis)

                          
Argentina's road to ruin:  Michael Mussa hosts an online Q&A with guests,  Washington Post, 5 Aug 2003 (Related link below: Analysis, 25 Mar 2002)

Argentina didn't fall on its own:  Wall Street pushed debt till the last,  by Paul Blustein,  Washington Post,  3 Aug 2003 

Horizons: 
The probability that a real-estate agent is cheating you (& other riddles of modern life)--Inside the curious mind of the heralded young economist Levitt, by S Dubner,  NYT Mag (via author's site), 3 Aug 2003

Lagging behind --
Prosperity requires freedom:  If economists are so smart, why is Africa so poor?,  by Stephen Haber, Douglass North and Barry Weingast,  Wall Street Journal,  2 Aug 2003

Nobel notes: 
Nobel Prize in Economics 1993 -- Robert Fogel and Douglass North, for having renewed research in economic history by applying economic theory and quantitative methods (Related link be-low:  Jul 10th)

The primacy of institutions (and what this does and does not mean),  by Dani Rodrik and Arvind Subramanian [pdf],  Finance and Devel-opment,  Jun-Aug 2003;  and

Institutions matter, but not for everything: The role of geography and resource endowments in development shouldn�t be underestimated,  by Jeffrey Sachs [pdf],  (related articles on this debate can be found in F&D's contents page)

Boardroom:  Don't stop
thinking about tomorrow--On the pendulum swing between efficiency and effectiveness,  by Simon London,  Financial Times,  1 Aug 2003

A good idea with bad press:  There is no reason not to have a futures market in political & social indicators, which is what the Pentagon's project was about,  by Hal Varian,  New York Times,  31 Jul 2003

Newsroom:  The Times opts for an ombudsman to help repair cred-ibility,  by J Steinberg, 
New York Times (free - registr. req'd) | Int'l Herald Tribune,  31 Jul 2003

World Trade Organization treats US like others in rulings on import duties or other trade restrictions--GAO,  Dow Jones Newswires with Yahoo! News,  by Elizabeth Price,  30 Jul 2003; 
and

World Trade Organization--Standard of review and impact of trade remedy rulings,  Congress Gen. Acctg. Ofc., 30 Jul 2003  Highlights [pdf]  Full text [pdf] (incl replies from Commerce Dept & Int'l Trade Comm)

IMF report cites errors in handling of 3 crises, Bloomberg News with Int'l Herald Tribune,  30 Jul 2003 (Link to:  IMF's Independ. Eval. Ofc--IMF & recent capital account crises:  Indonesia, Korea, Brazil | Report [incl IMF staff's reply]) (Related archive linkJun 16th)

Rethinking
trade sanctions:  In order not to end up hurting the wrong people,  by J Sachs, Proj Syndicate via Taipei Times, 29 Jul 2003 (in this bilingual site, a 'language pack installation' sign will pop up--pls. select "cancel")

Portfolio:  Second-quarter results --
Offshore funds take flight again: With worries about war and SARS fading, they moved up,  Business Week,  29 Jul 2003;  At last, a quarter when it's safe to look -- US-based funds,  NYTimes (free - registr. req'd)

Power shift between Argentina and the IMF:  Both sides have much at stake during talks on new loan deal,  by Tony Smith, 
New York Times (free - registr. req'd) | Int'l Herald Tribune,  29 Jul 2003

Coffee/tea break:  Where there's Bob, there's hope --
Thanks for the memory,  Library of Congress,  28 Jul 2003  (Links to:  Some of his political jokes, presidential jokes, and online joke file)

Horizons:  Experts urge strong retraining program rather than big tariffs on imports, 
New York Times (free - registr. req'd) | Int'l Herald Tribune,  28 Jul 2003

Newsroom:  These threats to the BBC are serious and sinister -- Ex-tracts from BBC chairman Gavyn Davies's article, 
The Guardian
28 Jul 2003 (Link to: 
Sunday Telegraph article -- free-registr. req'd);
and

British Broadcasting Calamity:  Will its slanted reporting of the Iraq war sink the BBC?,  by Gerald Kaufman, Wall Street Journal, 26 Jul 2003  (Related link above:  Jul 7th)

US to seek new Afghan aid package of $1 billion:  Planned boost comes amid criticism of reconstruction,  Washington Post,  27 Jul 2003  (Related link below:  Jul 10th)

Do aid studies govern policies or reflect them?:  Two conflicting studies highlight puzzling relationship between world of research and world of politics,  New York Times (free - registr req'd), 26 Jul 2003

International Trade -- Mexico's maquiladora decline affects US-Mexico border communities & trade; Recovery depends in part on Mexico's actions,  Congress Gen. Acctg. Office,  25 Jul 2003  Sum-mary (with links to accessible text; and [pdf] highlights & full text -- incl reply from State Dept, and word's origin on p.10)

Mouse & wo/man: 
Turning techie -- A necessity, not a choice,  by Katie Hafner,  NYT with International Herald Tribune,  25 Jul 2003

Portfolio: 
Wall Street's secret affair -- Regulators turn their attention to the selling of mutual funds,  The Economist,  24 Jul 2003

Argentine leader pledges more reforms:  Kirchner, on Washington visit, seeks to build confidence in his gov't among pols and bankers,
Washington Post,  24 Jul 2003

A bumpy ride through emerging markets:  A turning point for bonds, but despite their sharp rally this year, stocks remain cheap,  The Economist,  22 Jul 2003

Editorial:  The rigged trade game -- Harvesting poverty: Poor nations vs the farmers of the richest nations, 
New York Times (free - registr req'd) | Int'l Herald Tribune,  20 Jul 2003

Israeli economic reform -- Mixed bag: Netanyahu is racing to revolu-tionize the economy, and he considers it a sprint, not a marathon,  NYT with Int'l Herald Tribune,  19 Jul 2003

Postwar window closing in Iraq, study says:  More funds, interna-tional force recommended to improve security situation,  Washington Post,  18 Jul 2003  (Link to:  CSIS--Iraq post-conflict reconstruction assessment mission report [pdf])

The new geography of the IT industry:  As the information technolo-gy industry's emphasis is shifting--from innovation to execution--so is its location,  The Economist,  17 Jul 2003

In Argentina, 'no turning back the clock': Q&A with economy minis-ter on pain of privatization & why reversing course would be a 'huge mistake',  BusinessWeek,  17 Jul 2003  (Link to:  Business outlook-- Cold water on hot money)

The troubled face of
Russian business:  What Khodorkovsky's trou-bles say about business in Russia, The Economist, 17 Jul 2003;  and

Days in court: 
Some Russian tycoons continue to be dogged by their past. Witness Berezovsky's recent arrest in London,  by Paul Klebnikov,  Forbes,  8-14 Apr 2003

Horizons:  NBER says
US recession ended in Nov 2001,  Reuters with Forbes,  17 Jul 2003  (Link to:  NBER Business cycle dating committee statement)

Priceless:  Unlike oil or coal, water is infinitely renewable. But the best way to deal with water is to price it more sensibly--Introduction to a survey of water,  The Economist,  17 Jul 2003

The '90s boom and free-market reforms
adopted by developing countries haven't done enough to improve their lot, says a UN study, by Pete Engardio,  BusinessWeek,  16 Jul 2003;  and

Human development report 2003:  Millennium development goals --A compact among nations to end human poverty, UNDP, 8 Jul 2003 (includes a link to the full text in pdf)

Emerging markets still a bargain:  Investments can be popular or cheap, but rarely both,  NYT with Int'l Herald Tribune,  15 Jul 2003

Newsroom:  New York Times picks Keller as its top editor, 
Washington Post and NY Times (free - registr. req'd) | Int'l Herald Tribune,  15 Jul 2003  (Related link below:  Jun 6th)

Bush to Congress --
Fund Aids fight:  President vows to work for peace in Africa,  Washington Post,  13 Jul 2003

World Trade Organization rules US tariffs on steel are illegal: US will appeal the decision, 
New York Times (free - registr. req'd) | Int'l Herald Tribune,  12 Jul 2003

Our credo--
Free trade and competition: US will benefit from advanc-ing free trade on multiple fronts--globally, regionally & w/ individual countries,  by Robert Zoellick,  Wall Street Journal,  10 Jul 2003

Afghan poppies proliferate:  As drug trade widens, labs and corrup-tion flourish,  Washington Post,  10 Jul 2003  (Related link below: Jun 30th)

Asian currencies'
fear of floating:  By tying their currencies to the dollar, Asian govts are creating global economic strains,  The Economist,  10 Jul 2003

Seminar room:  
A comment on Rogoff's opposition to coordinating G-3 exchange rate and monetary policies, by Fred Bergsten, Finance and Development,  Jun-Aug 2003  (incl reply by Rogoff) [pdf] ;

A vote against grandiose schemes: The case vs schemes to coordi-nate the exchange rates among the dollar, yen and euro,  by Kenneth Rogoff,  Finance and Development,  Mar-May 2003 ;  and

Is a G-3 (exchange rate) target zone on target for emerging markets?, by Carmen and Vincent Reinhart,  Finance and Development,  Mar-May 2002

Nobel notes: 
Nobel Prize in Economics 1999 -- Robert Mundell, for research on macro policies under different exchange rate regimes and on optimum currency areas  (Related link below: Analysis, Apr 17th)

World interest-rate cuts:  Will Europe join in with the UK and the growing list of Asian countries?,  The Economist,  10 Jul 2003

Boardroom: 
Who gets eaten and who gets to eat--Should companies hang on to their 'core competence', or should they strike out for a brave new world?,  The Economist,  10 Jul 2003

Hong Kong -- The power of the people:  By standing up, the Hong Kong people have surprised themselves, China, and even the world,  by Philip Bowring,  International Herald Tribune,  9 Jul 2002

Populists sense something that escapes the technocrats,  by Joseph Stiglitz,  Project Syndicate with Business Day (S Africa),  9 Jul 2003

A rich nation, a poor continent:  His African trip is the perfect oppor-tunity for Bush to call on richest nations to help world's poorest citi-zens, by J Sachs, 
NY Times (free - registr. req'd) | Int'l Herald Trib, 9 Jul 2003

Charles P. Kindleberger, 92, economic historian & int'l economist, dies: Author of 
Manias, Panics & Crashes: A History of Financial Crises (1978) [4/e: 2000], Boston Globe, Washington Post and NYT (free - registr. req'd),  8 Jul 2003

Emerging might:  Champions in China, Russia, and elsewhere lure investors,  by G Smith & assoc,  BusinessWeek,  8-14 Jul 2003 (includes a link to:  Top 200 emerging-market companies)

State room:  The decision to go to war in Iraq,  UK House of Com-mons,  Foreign Affairs Committee, 7 Jul 2003  (Links to: 
The report (2 vols);  pdf version (vol. 1);  Uncorrected transcripts -- Dr David Kelly and other witnesses)

Editorial: Making oil transparent--Govts & oil cos are initiating a sim-ple change that can help poor countries that strike oil: strip the secre-cy from the deals,
NY Times (free - registr. req'd) | Int'l Herald Trib, 6 Jul 2003

World Bank focused on fighting corruption:  Graft and bribery, once tolerated, punished by blacklisting,  Washington Post,  4 Jul 2003  (Related links below:  Jun 17th and 11th)

Editorial: 
The blame game -- Fund managers: A little-noticed guilty party in the stockmarket's boom and bust,  The Economist,  3 Jul
2003

IMF names banking expert new chief economist,  Reuters with Forbes,  2 Jul 2003  (Links to:  IMF press statement; a conversation about his book Saving Capitalism from the Capitalists [2003], incl link to bk excerpt; and BW book review)

Horizons: 
Changing of the guard at the Bank of England -- The Old Lady of Threadneedle Street gets a new governor,  BusinessWeek,  1-7 Jul 2003

Foreign Assistance -- Lack of strategic focus and obstacles to agri-cultural recovery threaten Afghanistan's stability,  Congress Gen. Acctg. Office,  30 Jun 2003  Summary (with links to accessible text and full text -- incl replies from World Food Program, USAID, State, Agriculture, and Defense Depts)

Mouse & wo/man:  The mouse race -- The leading
mass producer,  the popularizer and the inventor,  Time, The (Melbourne) Age and NY Times (free - registr. req'd),  29 Jun 2003


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