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Free trade prospects in the Americas--Strategies for a transformed market, Exec summary: Talks to create a free trade area of 34 countries may have stalled, but execs are eyeing several realistic arrangements,  EIU,  Jun '04 (Link to:  Table of contents [pdf])

Poor man's burden:  In his rise from poverty to presidency, Lula became great hope of Brazil's destitute. But can he change their lot in a post-revolutionary, free-market world?, by B Bearak, NYT Mag (free registr. req'd) 27 Jun 04

Turkey's economy -- Delay to EU invitation could stall reform:  While an invitation is likely to be forthcoming, there remains some risk of damaging delay,  Economist Intelligence Unit,  25 Jun 04  (incl risk scores in 10 categories)

Robert Skidelsky: 
Oil and economic development -- While Russia has advantages over other resource-rich countries, can its economy escape the 'resource curse'?,  Vedmosti (Russia),  24 Jun 04

Tamar Jacoby:  At the frontier--About those
huddled masses:  Americans aren't anti-immigrant--far from it. What they want is to regain a sense of control,  Wall Street Journal,  24 Jun 04

Banking in Iraq -- A tricky operation:  The slow reconstruction of Iraq's battered banking system,  The Economist,  24 Jun 04

Brazil's armored cars find a space in Iraq:  The world's top producer of bulletproof vehicles finds no region is more attractive as a market than Mideast, by T Benson, 
NYTimes (free registr. req'd) | IHTrib, 24 Jun 04

Alberto Alesina:  Europe
on holiday -- I prefer taking more vacations, but I cannot then complain if my income does not grow faster, Proj Syndicate via Taipei Times, 23 Jun 04 (in this bilingual site, a 'language pack installation' sign will pop up--pls. select "cancel")

Robert Shiller: 
Reality will begin at home -- People are susceptible to 'wishful thinking bias,' which is behind real-estate bubbles where they are occurring,  Project Syndicate via Australian Financial Review,  23 Jun 04

Bush adds Vietnam to emergency
AIDS list:  It becomes 15th nation-first in Asia-to join 14 global AIDS 'focus countries,' most in Africa & w/ one each in Carib. & S Amer.,  Agence France Presse via Yahoo!,  23 Jun 04

High oil prices risk to global economy-IMF's de Rato:  The new IMF head made the remarks on first leg of a debut Asian trip,  Reuters,  22 Jun 04

The
digital village -- Fighting poverty with technology in India:  India's high-tech dynamos are turning more attention to the needs of the nation's countless poor,  by Manjeet Kripalani,  BusinessWeek,  21-28 Jun 04

Ruchir Sharma:  A few words conveying a lot --
Russia's budding, yet fast-growing, capitalist system would be even better off within a more democratic framework,  Newsweek,  21-28 June 04

Not much can stop this elevator:  Inflation? Rate hikes? Forecasters say
US economy is robust enough to take it, by J Cooper & assoc,  Business
Week,  21-28 Jun 04 (incl links to:  Graphics--Midyear
econ. forecast survey, & Recovery takes hold around the world)

Reports on attacks are gripping, not dry:  In contrast to plodding style of many govt documents, staff reports of  Sept 11 commission are a good read,  by C Marquis,  New York Times (free registr. req'd),  20 Jun 04 (Link to:  9/11 Commission)

Editorial:  As genocide unfolds --
Darfur's crisis in Sudan appears worse than anything the world has seen since the genocide in Rwanda, Washington Post (free registr. req'd),  20 Jun 04

WTO rules against US cotton subsidies:  The ruling upholds a preliminary ruling in April supporting Brazil's claim,  by Todd Benson, 
New York Times (free registr. req'd) | AP via Intl. Herald Trib,  19 Jun 04

New tech surge in Ireland, and it feels like '99 again:  'Celtic Tiger economy' is using age-old tool kit of tax & other incentives, but with tight focus, by B Lavery, 
NYTimes (free registr. req'd) | IHTrib,  17 Jun 04 (Link to: IHT--Ireland works to stay in outsourcing game)

The
informal economy -- In the shadows:  This sector of the economy is neither small nor benign,  The Economist,  17 Jun 04

Nook & cranny: Hernando de Soto--The
mystery of capital: The historian Braudel found it a great mystery that at capitalism's inception, it served only a privileged few, just as it does elsewhere today,  Finance & Devt.,  Mar '01

Virginia Postrel:  The economic
value of variety -- Economists estimate how much international trade has aided consumers by increasing variety,  New York Times (free registr. req'd),  17 Jun 04

Iraq's
foreign contractors in cross hairs of insurgents, by P Hong & assoc, Los Angeles Times via Yahoo! News,  15 Jun 04

Karzai seeks more help from NATO:  Afghan president to speak to joint meeting of US Congress,  by R Burns,  Associated Press via Washington Post (free registr. req'd),  15 Jun 04

Mouse & wo/man:  The
father of 'www' finally gets his due -- Tim Berners-Lee, the pioneer who kept the Web free, is honored with a technology prize,  Helsingin Sanomat (Finland),  14 Jun 04  (Link to:  Millennium Technology Prize)

Will Asia's
low-cost airlines fly high?:  Demand may offset the hurdles faced by the region's new budget carriers,  by Frederik Balfour,  Business Week,  14-21 Jun 04

Pressure grows on US to aid
'weak' states to curb terrorism:  A commission recommends revamping aid programs,  by H LaFranchi,  Christian Science Monitor,  14 Jun 04  (Link to:  Comm. on weak states & US natl. security)

Waiting for the
oil to flow again -- No Iraqi gusher,  by Stanley Reed,  BusinessWeek,  14-21 Jun 04

Coffee/tea break:  War, terrorism, oil shock--Let's put all that aside while
Portugal serves up the perfect escape at the perfect moment: Euro mania, Time,  14-21 Jun 04

Reagan's
economic legacy:  His policies helped spur the '80s boom, but the poor suffered, by M Mandel,  BusinessWeek, 14-21 Jun 04 (incl links to:  Versus Rubinomics;  & Graphics--Essentials of Reaganomics, & How his economic record stacks up)

Reaganomics in retrospect:
Up for debate -- Reaganomics:  Panel--Shultz, Friedman, Gephardt, Gingrich and Galbraith, Commanding Heights via PBS,  2002 (Link to: Yergin & Stanislaw book excerpt; and episode 1 of 3--Battle of ideas);  and

William Niskanen: 
Reaganomics--His program led to substantial improve-
ment in the economy, but there was no 'Reagan revolution,' 
Concise Encyc. of Econ. (ed. D Henderson) via Library of Econ. & Liberty,  1993

Mouse & wo/man:  Q&A with MIT's Nicholas Negroponte -- The cyber-soothsaying author of 'Being Digital' looks at
what's next: 'Peer-to-peer is key,'  by Stephen Baker,  BusinessWeek,  14-21 Jun 04

Robert Zoellick:  When trade leads to tolerance -- Embracing free-trade agreements with moderate Arab states is  powerful way to foster democracy,
New York Times (free registr. req'd) | Intl. Herald Trib,  12 Jun 04

Progress is seen for
Iraqi economy:  Acc. to a study by 4 economists who worked at Coalition Provisional Authority, Bloomberg News via Intl. Herald Tribune,  12 Jun 04  (Link to: Boston Fed--Econ. policy & prospects in Iraq)

Editorial:  G8 and the Middle East -- Making Arab democracy a priority on the global agenda was commendable,
New York Times(free registr. req'd)| Intl. Herald Tribune,  12 Jun 04

Africa activists express deep disappointment over
G8 results,  by Jim Lobe,  OneWorld.net via Yahoo! News,  11 Jun 04  (Link to:  Web site --G8 summit at Sea Island, Georgia)

Survey finds little
'offshoring' impact:  The report by the Bureau of Labor Statistics marked the first govt effort to quantify the problem,  by Paul Blustein,  Washington Post (free registr. req'd),  11 Jun 04

Shipping in
Southeast Asia--Going for the jugular:  The Strait of Malacca, through which a quarter of the world's maritime trade passes, makes a tempting target for terrorists and pirates,  The Economist,  10 Jun 04

Leaders dispute NATO role in Iraq:  Chirac's rejection of Bush idea hints at summit's underlying tensions,  by G Kessler & D Milbank, Washington Post (free registr. req'd),  10 Jun 04

As oil prices rise, a sense of alarm in Asia:  The region counts on the Middle East for no less than half of its oil,  by Wayne Arnold, 
New York Times (free registr. req'd) | Intl. Herald Tribune,  10 Jun 04

World economy -- Global foreign direct investment set to rebound after a three-year slump:  Most companies plan to invest more, acc. to EIU's new 'World Investment Prospects',  Economist Intelligence Unit,  8 Jun 04
(Link to: 
Exec summary of the report, 28pp)

US wants 'most'
Iraq debt forgiven:  An official at summit said IMF had circulated to creditors 'a very detailed debt sustainability analysis' for Iraq, by G Somerville & assoc,  Reuters via Yahoo! News,  8 Jun 04

J Micklethwait & A Wooldridge: 
Reaganism -- The only European who spoke the same language was Thatcher. But Reaganism has survived in so much better shape than Thatcherism,  Wall Street Journal,  8 Jun 04

Nobel notes: 
Nobel Prize in Economics 1974 -- Gunnar Myrdal and Friedrich Hayek, for their pioneering analysis of the interdependence of economic, social and institutional phenomena,  Nobel e-Museum

Iraq and Middle East at center of
economic summit:  The leaders of Iraq, Afghanistan, Turkey, Jordan and Yemen will also meet with G8,  by R Stevenson & D Sanger,  New York Times (free registr. req'd),  8 Jun 04

Editorial: 
Rethinking an invitation -- Russia is a big country, but Netherlands' GDP per capita is three times larger, China's military is more im-portant, and India's population is bigger, Wash. Post (free registr. req'd),  8 Jun 04

Newsroom:  Robert Barro -- The
liberal media:  It's no myth--Some claim mainstream media have a left-wing bias. Media usually deny such claims. So who's right? [pdf],  BusinessWeek,  7-14 Jun 04  (Link to:  A measure of media bias,  Sep '03 ver. [pdf])

G8 leaders see strong global economy, if security risks are contained, Agence France Presse via Yahoo! News, 6 Jun 04  (Link to: African leaders want G8 to shore up renaissance; & G8 leaders to discuss fresh campaign in lagging anti-poverty war)

Paul Krugman: 
The maestro slips out of tune -- How Alan Greenspan let politics ruin his legacy,  New York Times Magazine (free registr. req'd),
6 Jun 04

Right-leaning policy won a nickname: 
Reaganomics,  by Glenn Kessler & assoc,  Washington Post (free registr. req'd),  6 Jun 04  (Link to:  Reuters via Yahoo! News--Reagan economic legacy echoes today)

Jeffrey Sachs:  Don't know, should care -- US leadership must recognize that the problems of the world's poor aren't trifles to leave to do-gooders,
New York Times (free registr. req'd) | Intl. Herald Tribune,  5 Jun 04

Don't cry
for Argentina:  Responsibility for its massive debt belongs to the country alone, says fmr IMF chief economist Ken Rogoff, by J Goodman & P O'Connell,  BusinessWeek,  4 Jun 04

James Wolfensohn: 
Environmental duty -- The world needs green global goals,  Project Syndicate via Business Day (South Africa),  4 Jun 04

Cigarettes and
virtual cathedrals:  The boss of India's biggest tobacco firm is putting rural India online,  The Economist,  3 Jun 04

Becoming a serious country: 
Argentina has a big opportunity to reverse its history of decline. But it will need to draw the right lessons from the past-- Introd. to a survey,  by Michael Reid,  The Economist,  3 Jun 04

Setting priorities among global challenges:  What would be the best ways to spend additional resources on helping the developing countries? Some answers,  The Economist,  3 Jun 04 (incl link to: Copenhagen Consensus)

Hal Varian: 
Exchange rates the economy -- Exchange rates have a lot to do with America's recovery and the health of the world economy,  New York Times,  3 Jun 04

Editorial: 
Terrorism and oil -- OPEC oil ministers meet today at a jittery time in the oil market,  Washington Post (free registr. req'd),  3 Jun 04 (Link to:  Oil prices dip on pledges of more pumping)

Bush nominee to lead Federal Trade Commission questioned intensely about gasoline prices, by S Labaton, New York Times(free registr. req'd), 3 Jun 04  (Related link below:  May 28th)

A new boss for the IMF -- The golden Rato:  Rodrigo Rato takes over  at a time when emerging markets look in fairly good shape. Can he, then, look forward to a quiet life?,  The Economist,  2 Jun 04

A Alesina & F Giavazzi: 
Melting pot or economic meltdown? --Without an inflow of new blood and new ideas, the old Continent�s economic future looks bleak,  Proj. Syndicate via Daily Times (Pakistan),  1 Jun 04

For senator, new allies
on trade:  He is one of very few members of US Congress who calls himself a trade protectionist,  by Elizabeth Becker, NYTimes via Intl. Herald Tribune,  1 Jun 04

The
bright side of $40 a barrel:  Oil and gas companies finally are hiking exploration and production budgets, by S Forest & assoc,  Business Week, 31 May-7 Jun 04

Michael Elliott:  Free
minds and markets -- China and Brazil show that there is no single path to modernity,  Time,  31 May 04

Backing winners:  A new US foreign-aid plan is spurring change,  by Tom Masland,  Newsweek,  31 May-7 Jun/7-14 Jun 04  (Related link below:  May 24th)

Horizons:  Laura D'Andrea Tyson -- Why the
trade deficit may not loom so large: Sales by foreign units of US companies brighten the outlook,  Business Week,  31 May-7 Jun 04

Jeffrey Sachs: 
A simple plan to save the world--Ending extreme poverty, disease, environ. degradation, war? We asked a leading econ. what needs to be done to put the world on such a course,  Esquire,  May 04  [pdf]

Editorial: 
Starving science -- There is both good news and bad news in the flurry of reports describing the decline of American preeminence in science,  Washington Post (free-registr.req'd),  29 May 04

If oil supplies were disrupted, then what?, by S Romero, 
NYTimes (free-registr. req'd) | Intl. Herald Tribune,  28 May 04 

Oil mergers may raise prices, alter market,  by D Haddix,  United Press International,  28 May 04  (Link to:  GAO report on mergers, incl pdf link to full text [240pp] w/ exec summary | Accessible text)

Dubai -- Arabia's field of dreams:  One of the world's most successful business ventures is a small city state that learned lessons from Singapore and Hong Kong,  The Economist,  27 May 04

World economy --
What next for oil?:  In short term, none of the factors behind its price rise look likely to change, & we expect oil prices to remain high during coming months, Economist Intelligence Unit, 27 May 04
(Earlier EIU analysis:  Pumping
to the limit)

Editorial: 
Measuring economies -- Garbage in, garbage out:  Commonly used, but flawed, measures of economic output can lead to bad decision-making,  The Economist,  27 May 04  (incl link to:  The Big Mac index)

Steve Hanke: 
Received ideas -- The central bank's hands were anything but tied, thus allowing Argentina to practice a hyperactive monetary policy,  Forbes,  24 May-7 Jun 04

Argentina's economy -- Energy bind undermines recovery prospects:  It may take longer to overcome the shortage of natural gas than the govt is suggesting,  Economist Intelligence Unit,  24 May 04

Editorial:  Fixing
foreign aid -- Pres. Bush proposed in '02 the Millennium Challenge Acct., which would ultimately channel to poor nations $5b a yr, Washington Post (free registr. req'd),  24 May 04  (Link to:  Millen. Chal. Corp. CEO's testimony to House cmte.)

Stephen Roach: 
The recovery is at risk -- Asia's twin growth engines - China and the US - have some problems,  Time,  24-31 May 04

Latin America's energy crunch:  Is the region too protective of its power sector? -- Finding the right balance bet. foreign investment (or ownership) and state oversight,  by J Contreras & assoc,  Newsweek,  24-31 May 04

Gary Becker:  Let's make gasoline prices
even higher -- We must cut consumption and expand oil reserves. A new gas tax would help, BusinessWeek,  24-31 May 04

Portfolio:  US-based funds --
A great fund (for them, not you): Why have legislators gone limp on the mutual fund scandal issue?,  by Gretchen Morgenson,  New York Times (free registr. req'd),  23 May 04

Jeffrey Sachs:  Developing
Africa's economy -- Doing the sums on Africa: Small amounts spent on promoting Africa's economy can save billions and make the West more secure,  The Economist,  20 May 04  [pdf]

Outsourcing
in India:  A young industry grows up as four trends converge in an industry-wide consolidation,  The Economist,  20 May 04

Editorial:  Still
at the mercy of oil -- The world economy remains vulnerable to the price of oil,  The Economist,  20 May 04


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