| Emerging Markets After Sept. 11 |
Notice to our Guests: To go to the News Updates page of this section, please follow this link. New Links World economy: Is there light at the end of the tunnel? Just a little, says OECD in its latest assessment of global economic prospects, The Economist, 25 Apr 2003 The debate on Latin American economic reform: Is there a new Washington Consensus?, The Economist, 24 Apr 2003 (Related link below: Apr 7th) Coffee/tea break: The Big Mac index--A light-hearted tool to make exchange rate economics more digestible, The Economist, 24 Apr 2003; and Where do economists go on holiday? -- Unmoved by glossy travel brochures, they turn straight to concept of purchasing power parity, by John Kay, FT, 27 Aug 2002 (A graphic from The Economist on: Expensive cities compared) Mouse & wo/man: Tip -- To open your article of interest in a new window, right-click your mouse and select "open in new window". The great aid debate: Can the aid ministers from the G8 countries find a way to make aid for poor countries more effective?, The Economist, 23 Apr 2003 Editorial: China's Chernobyl -- Next, China's glasnost?, Washington Post, 22 Apr 2003 Coffee/tea break: After Iraq, cola wars heat up--Muslim alternatives, like Zam-Zam, Mecca and Qibla Cola, are springing up all across Europe, BusinessWeek, 17 Apr 2003 Public office and private interest: Is collusion between government and big business increasing in America?, The Economist, 17 Apr 2003 D. Gale Johnson, leading agricultural and development economist, dies at 86, New York Times (free - registr. req'd) and University of Chicago Chronicle, 17 Apr 2003 (Link to his Web site); and Nobel notes: Nobel Prize in Economics 1979 -- Theodore Schultz and Arthur Lewis, for research on economic problems of developing countries (Related link below: Mar 1st) US to request bids for work on oil fields after Halliburton completes its contract, Washington Post, 16 Apr 2003 ; Fanning the flames: Cheney�s Halliburton ties come under increasing scrutiny, by K. Naughton and M. Hirsh, Newsweek, 1-7 Apr 2003; and Will Halliburton clean up?: The company that Dick Cheney once ran stands to make millions rebuilding Iraq, by Jeremy Kahn, Fortune, 30 Mar 2003 The poor need a stake in developing countries: After the Washington Consensus--The pursuit of lower inequality, alongside faster growth, by John Williamson, Financial Times, 7 April 2003; and Did the Washington Consensus fail?: Some of its critics, like Stiglitz, object to neoconservatism they misinterpret the term as implying, by John Williamson, Center for Strategic & Int'l Studies, 6 Nov 2002 (Related link below: Sep 26th) The spoils of war -- Cleaning up: Who is winning the contracts to rebuild Iraq - and why?, The Economist, 3 Apr 2003 Construction firm once run by Cheney not in running for big Iraq contract, Newsweek, 28 Mar 2003 (includes a link to: Controver-sial Bush aide Perle resigns; follow this link to an editorial in New York Times (free - registr. req'd) | International Herald Tribune) Mouse & wo/man: Search engines are picking up steam -- Mixing ads in with search results is paying off, Business Week, 18-24 Mar 2003 (A graphic on: Search providers' new fuel for profits) Mouse & wo/man: Tip--A number of our linked articles are in pdf (ie, portable document format), which requires the free Adobe Acrobat Reader software. Follow this link to download. _____________________ Horizons: The wrong time for ballooning budget and current account deficits, by Laura D'Andrea Tyson, BusinessWeek, 22-28 Apr 2003 Coffee/tea break: Bean ball -- On acting and overreacting, Washington Post, 18 Apr 2003 ; Cooperstown muffs one -- Maybe it's the stress of war, or maybe it's bad judgment, New York Times (abstr. only; free - registr. req'd), 12 Apr 2003 ; The reliable source -- Trouble in Cooperstown, by Lloyd Grove, Washington Post, 11 Apr 2003; and Hall of Fame leader says "Bull Durham" decision not political, Associated Press with Sports Illustrated, 11 Apr 2003 (includes a link to: Hall of Fame cancels "Bull Durham" celebration) Editorial: After the war -- Building a new Iraq: Attention must turn to winning the peace, The Economist, 17 Apr 2003 The hard path to new nationhood in Iraq: The overriding lesson from past efforts is that economic and political reconstruction are tightly linked, The Economist, 17 Apr 2003 The postwar stakes for business: How the US meets challenges in Iraq has huge implications for the global economy, BusinessWeek, 15-21 Apr 2003 (Graphics on: War's aftermath & business; and A dangerous postwar world) When globalization suffers, the poor take the heat: As hostilities hinder trade, investment and travel, living standards could plummet, by Gary Becker, BusinessWeek, 15-21 Apr 2003 Editorial: Calling allies -- To support a reasonable plan for an Iraqi political transition, Washington Post, 13 Apr 2003 ; Editorial: War and peace -- Anarchy in the streets: The images of jubilation in Iraq have been overtaken by a disturbing portrait, NY Times (abstr. only; free - registr. req'd) | Int'l Herald Trib, 12 Apr 2003; and Editorial: The UN has already lost its moral legitimacy on Iraq, Wall Street Journal, 11 Apr 2003 Editorial: The fall of Baghdad -- The urgent task now in the occupied areas is to bring order and security, New York Times (free - registr. req'd) | International Herald Tribune, 10 Apr 2003 Epidemics and economics: Measuring the economic effects of disease is anything but straightforward, The Economist, 10 Apr 2003 World economy -- The IMF�s bad news: In its latest projections, it has again revised downwards its earlier forecasts. And most of the risks remain on the downside, The Economist, 9 Apr 2003 Editorial: Facing the warlords -- Afghanistan's slow deterioration and a complacent Washington, Washington Post, 9 Apr 2003 War's aftermath: It could stifle US productivity boom, & that would be a blow to global econ, BusinessWeek, 8-14 Apr 2003 (Graphics on its economic impact: Short run upside; and long-term downside) Defense industry -- More chips, fewer choppers: New high-tech weapons mean fatter margins for defense contractors, Business Week, 8-14 Apr 2003 Where's the loot? -- Tracking Saddam's billions: Can they be used to rebuild Iraq?, Business Week, 8-14 Apr 2003 (A graphic on: The money trail) The humanitarian impact of the war in Iraq: Relief agencies face a daunting task, The Economist, 3 Apr 2003 Economic impact -- Virus spreads havoc on businesses worldwide, New York Times (free - registr. req'd) | Internatl Herald Tribune, 3 Apr 2003 Editorial: After the war -- Postwar reconstruction can learn from the Afghan experience, Washington Post, 3 Apr 2003 State room: US diplomacy--Collateral damage: Diplomats apply the term 'postwar reconstruction' to America's broken alliances, not just Iraq, The Economist, 3 Apr 2003 The UN and Iraq: An UNconfirmed postwar role--Until the war is won, the humanitarian crisis is most pressing issue, The Economist, 3 Apr update/27 Mar 2003 Who lost Turkey? The IMF: Cheap loans - with strings attached - can cost both parties a lot, by Claudia Rosett, Wall Street Journal, 2 Apr 2003 Why the Group of Eight needs to meet right now: Their finance ministers and central bank governors should get together to look past the war, by Jeffrey Garten, BusinessWeek, 1-7 Apr 2003 The digital war suppliers: The Pentagon's spending on IT is soar-ing, BusinessWeek, 1-7 Apr 2003 (Links to: The Pentagon is enlist-ing startups also; and graphics on new defense industry, and small companies recruited) The Richard Perle affair: Many advisory board members hold oth-er positions that may call their counsel into question, BusinessWeek 1-7 Apr 2003 (Links to: A graphic on Outside advisers, inside con-nections; and A correction) For the record: Phony ethics charges shouldn't distract from the nation's defense, by Richard Perle, Wall Street Journal, 31 Mar 2003 ; Global Crossing's inside connection: Pentagon adviser aids telecom seeking to sell itself to foreign buyer, New York Times (free - registr. req'd) | International Herald Tribune, 21 Mar 2003; and Lunch with the chairman: Why was Richard Perle meeting with Adnan Khashoggi? Has he set up a company that may gain from a war?, by Seymour Hersh, New Yorker, 10 Mar 2003 Special search operations yield no banned weapons: So far, no 'smoking gun' has been found, Washington Post, 30 Mar 2003 Newsroom: AP picks a new chief -- USA Today publisher will become CEO, USA Today and Washington Post, 28 Mar 2003 The spoils of war: US deflects Iraq aid-contract complaints, Int'l Herald Tribune, 28 Mar 2003 Military-industrial complexities: The logistics of war -- Which Pentagon suppliers will benefit?, The Economist, 27 Mar 2003 Editorial: World trade talks go nowhere--The Doha round of trade talks is in deep trouble - thanks mainly to the EU, The Economist, 27 Mar 2003 Horizons: US economic policy--Are Bush�s tax plans in disarray?, The Economist, 27 Mar 2003 Against France and Russia, Washington trying to curb UN role in a postwar Iraq, New York Times (free - registr. req'd), 27 Mar 2003 So far, no proof of banned weapons: In the battlefield or in caches uncovered by US troops, Washington Post, 27 Mar 2003 Iraq rebuilding contracts -- What's at stake?: Federal spending on projects could reach into tens of billions of dollars. No wonder it's creating controversy already, Fortune, 26 Mar 2003 War room: Our coalition -- More than 50 countries have joined forces against Saddam, by Condoleezza Rice, Wall Street Journal, 26 Mar 2003 Postwar project: US plans to run Iraq itself, New York Times (free - registr. req'd), 25 Mar 2003 Editorial: Now they tell us -- The costs of war, Washington Post, 25 Mar 2003 Bombing then building: Even as ordnance exploded on Iraq, debate raged over who will manage the reconstruction, by Michael Hirsh, Newsweek, 25-31 Mar 2003 A democratic Iraq isn't an impossible dream: Higher levels of primary schooling and better GDP would help, by Robert Barro, BusinessWeek, 25-31 Mar 2003 Bush's man in Baghdad: Iraq's new chief?, BusinessWeek, 25-31 Mar, and Fortune, 17 Mar 2003 (follow this link to a BW graphic on: High stakes -- The risks of war) Inside the Fed's first-aid kit: If rate cuts aren't enough, there are alternatives, BusinessWeek, 25-31 Mar 2003 Putting a lid on raging oil fires: A division of Halliburton, which Vice-Pres Cheney used to head, is sending firefighting teams, Washington Post, 24 Mar 2003 Question of the day dogs administration officials: Where are Iraq's weapons of mass destruction?, Washington Post, 23 Mar 2003 Which companies will put Iraq back together?, New York Times (free - registr. req'd) and Internatl Herald Tribune, 23 Mar 2003 US set to award 7 contracts for rebuilding of Iraq: Initial work will go to American firms, Washington Post, 21 Mar 2003 Cheney's cronies?: Rumors are rife about who will make money out of rebuilding Iraq, The Economist, 20 Mar 2003 Horizons: Risk management for the masses -- We have the finan-cial technology to cope with growing economic risks, by Robert Shiller, The Economist, 20 Mar 2003 With little loans, Mexican women overcome: The loans, known as microcredit, are not a charity. They are a growing business in poor countries, New York Times (free - registr. req'd), 19 Mar 2003 The Fed's plans for dousing the fire: Greenspan & Co. prepare for the worst-case scenario, BusinessWeek, 18-24 Mar 2003 (follow this link to a graphic on: A three-pronged fallback plan) Horizons: Don't bank on a bounce-back -- Growth may limp along even after the troops come home, BusinessWeek, 18-24 Mar 2003 (follow this link to a graphic on: More than war worries) State room: From diplomacy to war -- Cry havoc and let slip the dogs of war Editorial--War in the ruins of diplomacy, New York Times (free - registr. req'd) and International Herald Tribune, 18 Mar 2003 ; Editorial--The 12-year war, Wall Street Journal, 18 Mar 2003; and US missteps led to failed diplomacy, Washington Post, 16 Mar 2003 The world economy -- Horror stories: Even without the uncertainty about Iraq, the global economy would be fragile, The Economist, 13 Mar 2003 (includes links to: Time to cut interest rates and relax fiscal policy; and War and business) Boardroom: Manufacturing supply chains -- The just-in-case economy: The cost to companies of shipments disrupted, of orders postponed due to the war, The Economist, 12 Mar 2003 Economic collateral damage--Feeling the pain: If oil stays high, Asia and Europe will suffer the most, BusinessWeek, 11-17 Mar 2003 (follow this link to a graphic on: Oil at $40 a barrel--Who gets hurt) Oil and war: More than the impending conflict with Iraq is driving up prices, BusinessWeek, 7 Mar 2003 Oil prices -- Only a glancing blow to the US economy, by Peter Coy, BusinessWeek, 7 Mar 2003 Boardroom: At McKinsey, the winner is...--Ian Davis will take over and he promises a return to core values, BusinessWeek, 7 Mar 2003 (Related link below: Feb 27th) Horizons: New Treasury chief learns a lesson -- Snow discovers power of offhand remark on global currency markets, Washington Post, 6 Mar 2003 Coffee/tea break: nU fonetics txt msgN--Warning: For adults only. Your child's guidance is required, The Economist, 6 Mar 2003 (includes a link to a site which translates txt) Horizons: Conservative worries about Alan Greenspan -- Irking the right, The Economist, 6 Mar 2003 The world�s fresh water: Running dry and turning dirty, according to a new UN report, The Economist, 5 Mar 2003 Coffee/tea break: Shakespeare in battlegear -- To be, or not to be, that is the question [Hamlet]; A horse! A horse! My kingdom for a horse! [Richard III], Wall Street Journal, 5 Mar 2003 Bush appointee is strong defender of free market policies, by Bruce Bartlett, United Press International, 5 Mar 2003 ; A salesman for Bush's tax plan who has belittled similar ideas, New York Times (free - registr. req'd) and International Herald Tribune, 28 Feb 2003; and Top White House economic adviser Hubbard steps down: Pres nominates Harvard economist Mankiw as CEA head, New York Times (free - registr. req'd) and Washington Post, 27 Feb 2003 Harvard professor proposes alternative introd econ class: The cur-rent course is the largest lecture class at Harvard, New York Times (free - registr. req'd), 4 Mar 2003 Don�t expect any miracles: Even a successful war could simply substitute one set of uncertainties for another, by Robert Hormats, Newsweek, 4-10 Mar 2003 AIDSfuscation: The figures used in the heat of fundraising are con-troversial and at times misleading, by Richard Morais, Forbes, 4-17 Mar 2003 (includes a link to: Getting creative at the Global Fund) The war business--Privatizing Ryan: The Pentagon's private army -Outsourcing KP (kitchen police) duty, laundry detail and other mundane chores, by Nelson Schwartz, Fortune, 3 Mar 2003 Newsroom: Financial Times plunges into the red -- But FT.com breaks even for the first time, The Guardian, 3 Mar 2003; and Things look pretty bad in the UK newspaper business, The Economist, 6 Mar 2003 Why poor farmers in Mexico go hungry: It seems paradoxical to argue that cheap food imports hurt the poor, by Tina Rosenberg, NYTimes (free - registr. req'd) and Int'l Herald Tribune, 3 Mar 2003 Does democracy avert famine?: Sen asserts that dem govts, having to face public criticism, have strong incentive to act to avert fam-ines, New York Times, 1 Mar 2003 (free - registr. req'd); and Nobel notes: Nobel Prize in Economics 1998 -- Amartya Sen, for his contributions to welfare economics (social choice, welfare distri-butions and poverty) (Related link below: Feb 25th) Newsroom: Baghdad dispatch -- A latter-day Saladin: Saddam is calm--eerily so, by Dan Rather, Wall Street Journal, 28 Feb 2003 Seminar room: Finding your niche -- The discovery of poor coun-tries' industrial strengths is a matter of trial & error, The Economist 27 Feb 2003 (includes a link to the Hausmann-Rodrik paper) Boardroom: Vying for the top job at world's best-known strategy firm -- Can either candidate restore McKinsey to its former glory?, The Economist, 27 Feb 2003; and Boardroom: Study yields top 50 'business intellectuals'-- Ranking includes Porter, Becker, Varian, Coase, Thurow, Merton & Teece, Accenture, 22 May 2002 World economy -- Watching, waiting and worrying: Will war mean slump?, The Economist, 26 Feb 2003 Robert K. Merton dies at 92: Towering presence in social sciences, pioneer of social study of science and author of On the Shoulders of Giants (1965), the-scientist.com and New York Times (free - registr. req'd), 25 Feb 2003; and Nobel notes: Nobel Prize in Economics 1997 -- Robert C. Merton and Myron Scholes, for developing a formula that determines the value of stock options and other derivatives (Related link below: Oct 9th) State room: Yesterday's child -- Antiwar groups invite the world to their 35th reunion, by Daniel Henninger, Wall Street Journal, 21 Feb 2003; and A new power in the streets -- Are there two superpowers on the planet: US and world public opinion?, by Patrick Tyler, New York Times (free - registr. req'd) and Int'l Herald Tribune, 17 Feb 2003 Opportunity in Afghanistan: Goodbye to state-owned companies, The Economist, 20 Feb 2003 (follow this link to: Arrears clearance by Afghanistan, IMF Web site) Newsroom: Trouble at Reuters -- Screen test at the financial infor-mation industry, The Economist, 20 Feb 2003 (includes a link to an earlier profile of its CEO) The economic risks of war: A war in Iraq could affect economies through four main channels--oil prices; stockmarkets; the dollar; & business/consumer confidence, The Economist, 20 Feb 2003 (in-cludes a link to: The cost of war) World trade -- Doha in the doldrums: In Tokyo and Geneva, negotiators meet again; minds don't, The Economist, 19 Feb 2003 Horizons: There's a lot to like about Bush's tax plan--If deficits do result, they will curb govt spending, by Robert Barro, Business Week, 18-24 Feb 2003; and Seminar room: Deficits and political pain -- US budget deficits are unsustainable, study concludes, by Hal Varian, New York Times (free - registr. req'd) and Int'l Herald Tribune, 13 Feb 2003 Horizons: Economists duel (in print) on tax cuts, New York Times, 16 Feb 2003 (free - registr. req'd) ; 250 economists endorse President Bush's jobs and growth plan: An open letter, US Treasury Dept, 12 Feb 2003 ; 115 economists (with 3 Nobel laureates) voice support for Presi-dent�s dividend tax cut: An open letter to Congress, National Tax-payers Union, 11 Feb 2003; and 10 Nobel laureates, 450 other economists oppose the Bush tax cuts: An open letter, Economic Policy Institute with US Newswire, 10 Feb 2003 (follow this link to the list of signers) Kennedy, Johnson adviser Walt Rostow dies at 86: An econ histor-ian, he popularized the term 'takeoff' from his best-known work, The Stages of Economic Growth (1960), New York Times (free - registr. req'd) and Washington Post, 15 Feb 2003 Editorial: Good for Mr. Greenspan -- 'The deficit must be maintained at minimal levels', Washington Post, 13 Feb 2003 George Bush's ideas people: The charge of the right-wing think tanks, The Economist, 13 Feb 2003 Why oil shocks still matter: A $15 increase in oil prices over a year would directly cut world economic growth by 1 percent, or more than $300 billion, by Daniel Yergin, Newsweek, 11-17 Feb 2003 Horizons: Super euro -- The currency is more appreciated by central banks these days because it's, well, appreciating, Business Week, 11-17 Feb 2003 (Related link below: Jan 3rd) Consumers in Europe resist gene-altered foods: The EU's position is that these are as safe as conventional ones, New York Times (free - registr. req'd) with Int'l Herald Tribune, 11 Feb 2003 Food shortages grip Africa again: How can the world and Africans end it forever?, Associated Press with CNN, 8 Feb 2003 How Ethiopia has held famine at bay: Ethiopia's prime minister talks of world's role in preventing hunger, Christian Science Monitor, 7 Feb 2003 Famine returns to Ethiopia, a land of relative plenty: In drought-stricken areas, subsistence farmers hit hard, Washington Post, 6 Feb 2003 (Related link below: Jan 19th) The weakest link: Post-crisis Asia, with bad debts of $2 trillion, is still crying out for financial reform -- Introduction to a survey of Asian finance, The Economist, 6 Feb 2003 Seminar room: Trying to predict a military victory -- Washington, Wellington and Waterloo, by Alan Krueger, New York Times, 6 Feb 2003 (free - registr. req'd) Coffee/tea break: Filmmakers seek protection from US dominance -- The free trade debate goes to the movies, New York Times (free - registr. req'd) and International Herald Tribune, 5 Feb 2003 State room: Iraq -- Failing to disarm; Remarks to the UN Security Council, by Colin Powell, US State Dept, 5 Feb 2003 (includes links to the transcript of his speech, slide presentations & video clips) (Related link below: Sep 24th) East Asia and the West are drifting apart: Nuts to Davos and Porto Alegre, by Philip Bowring, International Herald Tribune, 4 Feb 2003 Editorial: And four more -- In the skies of Bagram and Texas, Washington Post, 3 Feb 2003 Newsroom: The story behind the story of the statement of the 8 European leaders, by Michael Gonzalez, Wall Street Journal, 3 Feb 2003 (includes a link to an editorial: The op-ed alliance); and State room: Europe and America must stand united, by leaders of 5 EU members (Britain, Denmark, Italy, Portugal & Spain) and 3 would-be members (Czech Rep., Hungary & Poland), Wall Street Journal and Times of London, 30 Jan 2003 A better way to go bust: Would new rules for sovereign defaults help the market for emerging-market bonds?, The Economist, 30 Jan 2003 (Related link below: Jan 8th) Boardroom: Business and the war -- Companies are becoming worried about a rising oil price, disruption to their supply chains, boycotts and falling demand, The Economist, 30 Jan 2003 Mr de Soto is not one of those economists who thinks the key to capitalism's success is to protect existing, legally established proper-ty rights, come what may, The Economist, 30 Jan 2003 (Related link below: Dec 10th) Lula's message for two worlds: Can Brazil's president continue to appeal to Porto Alegre as well as Davos?, The Economist, 30 Jan 2003 Coffee/tea break: Beware the ides of March -- A 3-D re-creation lets you roam ancient Rome, Newsweek, 28 Jan-3 Feb 2003 War room: Desert caution -- Once 'Stormin' Norman,' Gen. Schwarzkopf is skeptical about US action in Iraq, Washington Post, 28 Jan 2003 The new global job shift: The next round of globalization is send- ing upscale jobs offshore. Who wins? Who loses?, BusinessWeek, 28 Jan-3 Feb 2003 (follow these links to graphics on: A world of outsourcing; Going abroad; Globalization goes white collar; and A correction) Brazilian leader vows he will plead for the poor in Davos: Mixing with the Che Guevara T-shirts at the Social Forum and the suits at the Econ Forum, NYTimes, 25 Jan 2003 (free - registration req'd) Top White House economic adviser Hubbard says he's not finished yet, New York Times (free - registration req'd) and Washington Post, 24 Jan 2003; and An economist on a mission: R. Glenn Hubbard's theory anchors Bush's tax plan -- but can it survive?, Washington Post, 22 Jan 2003 (follow this link for info on Hubbard) Green scare: Smearing a skeptic--Something is rotten in the state of Denmark, by Bjorn Lomborg, Wall Street Journal, 23 Jan 2003 ; Thought control: Lomborg -- The scourge of the greens is accused of dishonesty, The Economist, 9 Jan 2003 (follow this link to his essay giving a summary of his book); and The Lomborg case: The decision on complaints vs him; His reply to the ruling; & the subsequent decision of Danish Research Agen-cy to evaluate the committee's regulatory basis (Related link below: Aug 30th) Complete archive>> (incl. Before Sept.11) Copyright 2001-2003 Leonardo L. Sta.Romana All rights reserved. |