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Market-friendly Chile sees a future
in English:  The govt has presented the English initiative as an eminently democratic measure,  by L Rohter,  NYT via Intl. Herald Tribune,  31 Dec 04

Andrew Natsios: 
Responding to Asia's tragedy -- The US has made a good start, but long-term reconstruction is the key challenge,  Washington Post (free registr. req'd),  31 Dec 04  (Link to:  World Bank--Hazard risk mgmt, w/ link to ProVention consortium)

Gauging disaster --
How scientists and victims watched helplessly:  The magnitude of tsunami that killed tens of thousands was slowly gauged across the world,  by A Revkin & assoc,  NYT (free registr req'd),  31 Dec 04  (incl hour-by-hour graphic)  (Link to:  BBC's animated guide)

Editorial:  Is
America stingy? -- The $35m that the US plans to spend on disaster relief for Asia's tsunamis is a miserly drop in the bucket,  NYTimes (free registr. req'd) | IHTrib,  30 Dec 04

One less worry for tsunami-striken nations:  S&P says the impact on their economies won't be severe enough to have a negative impact on their sovereign credit ratings,  Standard & Poor's via Business Week,  30 Dec 04

The tidal wave that touches
our safe shore:  Asian disaster gives insulated America a chance to lend a helping hand,  by J Achenbach,  Washington Post (free registr. req'd),  30 Dec 04

Editorial: 
The one face of grief--There is only one face of grief - no matter how many languages & skin colors there are among the survivors - & there should be only a single face of outreach,  NYT (free registr. req'd) | IHTrib, 30 Dec 04

The peso crisis, ten years on --
Tequila slammer:  Mexico has still not fully recovered from its worst financial crisis,  The Economist,  29 Dec 04

Joseph Stiglitz:  Paying
for the past in 2005 -- The beginning of each year is high season for economic forecasters,  Project Syndicate via Daily Times (Pakistan),  29 Dec 04

Costas Synolakis:  Why there was
no warning -- The science - and culture -of tsunami 'hazard mitigation',  Wall Street Journal,  29 Dec 04

Editorial:  Asia's
devastation -- The terrible toll from the tsunami should prompt a huge relief effort, but also better cooperation bet. the region's countries,  The Economist,  29 Dec 05  (incl link to:  Run like the wind)

The freeing of the
world�s textile trade:  On Jan 1st, trade in clothes and textiles was freed of quotas that have bound it for the past 30 years,  The Economist,  28 Dec 04  (Link to:  EIU -- What happens when textile quotas end?[extended])

No warning:  At
warning center, alert for the quake, none for a tsunami,  by M Kayal & assoc,  New York Times (free registr. req'd),  28 Dec 04  (incl link to graphic)  (Link to: US Oceanic & Atmos Admin; and Intl Coord Grp for Pacific tsunami warning system)

J Bhagwati & A Panagariya: 
The bra in your wardrobe -- The longstanding Multi-fiber arrangement (MFA) on textiles is next to farm subsidies as most objectionable affliction of world trade,  Wall St J (via CFR site),  27 Dec 04

Ernesto Zedillo: 
Latin American puzzles -- The region must accept that in order to grow it cannot have it both ways: investing little and investing wrong,  Forbes,  27 Dec-10 Jan 05

Tsunamis' toll might have been lessened:  Experts cite lack of warning system,  by S Vedantam,  Washington Post (free registr. req'd),  27 Dec 04 (Link to:  US Geol. Survey--Tsunamis & earthquakes, incl link to Tsunami hazard mitigation prog.)

Robert Guest:  South Africa makes the mistake of
focusing on race instead of prosperity,  Wall Street Journal,  26 Dec 04

Editorial:  America, the
indifferent--Govt is quick to say it contributes more money to foreign aid than any other country. But the test is the percentage of natl. income a rich nation gives to poor, NYT(free registr req'd)| IHTrib, 23 Dec 04

Ralf Dahrendorf:  Powers of
the future -- As the year comes to an end, the most important global task remains unresolved,  Project Syndicate via The Edge Daily (Malaysia),  21 Dec 04

The economy --
Five wild cards for 2005:  What could throw the economy for a loop? Here are some threats worth watching,  by J Cooper & assoc,  Business Week,  20-27 Dec 04 & 27 Dec-3 Jan 05

What about
the climate for business?:  In its annual survey, BusinessWeek asked 60 biz economists for their views of the future of US economy,  by J Mehring & assoc, 20-27 Dec 04 & 27 Dec-3 Jan 05 (incl link to slide show on econ indicators)

Portfolio: 
Four countries you must own -- Once in a great while a trend takes hold that's so powerful, it transforms the entire global economy,  by C Farrell & assoc,  Business Week,  20-27 Dec 04 & 27 Dec-3 Jan 05

Jagdish Bhagwati & assoc:  A
comment on 'Shaking up trade theory' (letter to the editor),  Business Week,  20-27 Dec 04 & 27 Dec-3 Jan 05 ; 

Shaking up
trade theory:  For decades economists have insisted that the US wins from globalization. Now they're not so sure, by A Bernstein, Business Week,  29 Nov-6 Dec 04; and

From our archive:  An elder challenges
outsourcing's orthodoxy -- Nobel econ laureate Paul Samuelson is dissenting from conventional wisdom on globalization's benefits, by S Lohr, NYT (free registr req'd) | IHTrib, 9 Sep 04

Islam's happy faces:  Call them the new faces of the Islamic world --Malaysia's Abdullah and Turkey's Erdogan,  by O Matthews & L Holland,  Newsweek,  20-27 Dec 04 & 27 Dec-3 Jan 05

Portfolio: 
Savvy investments for a year full of surprises -- Investors will have to distinguish between near-certainties and worrisome uncertainties,  Business Week,  20-27 Dec 04 & 27 Dec-3 Jan 05

Editorial:  The
math deficit -- Last week, another intl. comparison of high school math & science scores was released,  Washington Post (free registr. req'd),  19 Dec 04  (Link to: Statement by Trends in Intl Math & Sci Study and Web site, w/ list of 49 nations; summary rankings are in ch.1 of both reports)

Editorial:  Timely help for the
Palestinians -- The aid package that US, Eur. & Arab nations are considering could help average Palestinians see benefits of embracing a peace plan,  NYT (free registr req'd) | IHTrib,  18 Dec 04

World economy --
Dec. forecast for '05:  Emerging markets have benefited, in part, from pick-up in OECD demand in '04, but the intl environment is gradually becoming less supportive, Economist Intelligence Unit, 17 Dec 04

Editorial:  Making
poverty history -- 2005 could be a big year in the fight against poverty,  The Economist,  16 Dec 04

Hal Varian: 
Burden growing on pension group -- There is a fundamental fallacy in pension accounting, which assumes that ups and downs of stock mkt will cancel out over time,  NYT(free registr req'd) | via his site, 16 Dec 04

Gregory Mankiw:  It is
time to fix Social Security -- Voluntary personal accounts will help save Social Security,  Wall Street Journal (via his site),  16 Dec 04  [pdf]

Why Iraq has fuel queues:  Oil, oil, everywhere. But ne'er a drop for Iraqi fuel tanks. How, asks a furious driver, can an oil-producing country run out of fuel?,  The Economist,  16 Dec 04

Editorial: 
Textiles and China -- The expiration of global textile quotas at the end of this month raises difficult issues for free-traders,  Washington Post (free registr. req'd),  16 Dec 04

Raghuram Rajan:  Credible policies will break the
dollar's fall -- The recent decline is best seen as a wake-up call for govts to take the policy actions needed to tackle global imbalances,  Fin. Times (via IMF site),  15 Dec 04

For Brazil's economy, the doctor is in:  Its ex-Trotskyite finance minister, prescribing austerity, moves toward center,  by T Benson,  NYTimes (free registr. req'd) | IHTrib, 14 Dec 04  (Link to: Fin. & Devel.'s graphic--Brazil [pdf])

Made elsewhere--Bangladesh is surviving to export another day:  The Jan 1 abolition of global trade quotas may not be as hard on textile makers in poor nations as many had thought, by K Bradsher, NYT(free registr req'd)| IHTrib, 14 Dec 04

Richard Haass:  Why CEOs fail
in Washington--Moving the wrong cheese:  All the gurus say that govt needs to run more like a biz, but the reverse is now more often true,  Newsweek,  13-20 Dec 04

Robert Rubin: 
At the crossroads -- Economic reality has not been altered by the election, and that reality is likely to create increasingly strong pressure for policy change,  Newsweek,  13-20 Dec 04

Turkey economy -- New lira:  Turkey will start 2005 with a new currency, reflecting the generally optimistic mood about economic prospects,  Economist Intelligence Unit,  13 Dec 04  (Link to:  IMF statement)

Jeffrey Garten:  A social
safety net for the 21st century -- If I were asked to write Bush's inaugural address, I would focus on what I believe was his most far-reaching campaign commitment,  Business Week,  13-20 Dec 04

Boardroom: 
China's big deals -- Is this a sign of America's economic decline?,  Business Week,  13-20 Dec 04  (incl link to:  The new power of brands)

2004
Global business influentials -- The list includes notables from, among others, Iraq, China, Ghana, Dubai, India & S Korea, Time/CNN,13 Dec 04

Karen Tramontano:  Stitching up global
labor rights -- Cambodia has not only established itself as competitive in textiles but has done so while also honoring labor rights code,  Washington Post (free registr req'd), 11 Dec 04

Managing a
m�nage � deux:  To specialize, or to compete? That is the dilemma facing the United Arab Emirates, esp. its two largest cities, Abu Dhabi & Dubai,  by Daniel Altman,  Intl. Herald Tribune,  11 Dec 04

James Dobbins:  '
Oil for food' worked--American outrage over diversion of UN-supervised Iraqi oil-for-food money seems to miss three salient points,  Washington Post (free registr. req'd),  10 Dec 04

Wangari Maathai: 
Trees for democracy -- I believe the Nobel Committee recognized links bet. environment, democracy & peace and sought to bring them to worldwide attention,  NYT(free registr req'd) | IHTrib,  10 Dec 04

A survey of Indonesia:  It has gone from near-dictatorship to vigorous democracy. Now it needs to ensure that its people reap the benefits --
Intro and final section,  by  E McBride,  The Economist,  9 Dec 04

Famine
insurance -- Hedging vs. the horsemen:  Ask an Ethiopian peasant what would most improve his life, and he is unlikely to mention arcane financial instruments like weather derivatives,  The Economist,  9 Dec 04

Joseph Stiglitz: 
Bush's medicine is not working -- With the election over, the debate itself has much to teach us about economics, economic policy and media spin,  Project Syndicate via Business Day (S Africa),  8 Dec 04

Editorial:  Now,
Afghanistan needs a parliament -- Fulfilling democracy will require electing a parliament, a much more difficult undertaking than pres. contest,  NYTimes (free registr. req'd) | Intl. Herald Trib,  8 Dec 04

Martin Wolf:  A dangerous hunger for
American assets -- The challenge to the world is to wean itself off ever-rising US indebtedness sooner rather than later,  Financial Times (via NYT site[free registr req'd]),  7 Dec 04

A Alesina & F Giavazzi:  The American
way of debt -- No country can accumulate debt forever - and what cannot last must sooner or later end,  Project Syndicate via Financial Express (India),  7 Dec 04

Editorial:  Investigating
the UN -- It is hardly shocking to discover that competition has arisen bet. Sen. Coleman & Paul Volcker, w/ their separate investigations on oil-for-food program, WashPost (free registr req'd), 7 Dec 04

Editorial: 
The UN is lost in space -- On Planet UN: The Security Council provides no security,  Wall Street Journal,  7 Dec 04

Book value:  The pick of this year's crop of
business books -- Running the gamut from Ted Turner to Alexander Hamilton,  compiled by H Green,  Business Week,  6-13 Dec 04  (incl link to:  Graphic--BW's top 10)

The
Baltic e-republic -- 'If it works, you can break it':  Since independence in 1991 little Estonia has used a knack for technology to make itself a largely wired nation,  by Joshua Levine,  Forbes,  6-20 Dec 04

Dollar's fall is an
Asian dilemma:  The  dollar's decline is testing the nerve of Asia's central bankers,  by J Brooke & K Bradsher,  NYTimes via Intl. Herald Tribune,  6 Dec 04

Finland tops global school table, OECD says:  Finland again came out top in latest 2nd Program for Intl. Student Assessment of 30 member states & 11 partner nations,  BBC News,  6 Dec 04 (Link to:  OECD statement, w/ link at bottom to PISA homepage)

Bjorn Lomborg: 
False prophets, bad economics -- The world can't (or won't) pay for everything, so we have a moral obligation to set priorities,  Newsweek,  6-13 Dec 04

Ruchir Sharma:  The
Great Wall -- Forget the rampaging growth numbers. China today looks much like Japan in the 1970s: about to slam into reality,  Newsweek,  6-13 Dec 04

Robert Barro:  Mysteries of the gaping
current account gap -- The budget deficit isn't to blame, but spending discipline won't hurt,  Business Week,  6-13 Dec 04

Bradford DeLong:  The US pol. system breeds rampant '
voodoo econ.'--At this point, I as a pundit am supposed to come up with my magic plan. I do not have one. But there is a glimmer of hope,  Proj Synd via Taipei Times, 2 Dec 04 (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Emerging market debt -- What crisis?:  The events
in Ukraine have barely dented emerging debt markets,  The Economist,  2 Dec 04

Kofi Annan: 
Courage to fulfil our responsibilities--If UN is to meet today's unprecedented challenges and threats, world leaders must act on the recommendations of new report on collective security,  Economist,  2 Dec 04  (incl link to report of high level panel)

Martin Wolf:  Why US is switching to a
weak dollar policy -- The study by 2 leading intl. econ. is not about what will happen, but what could happen if US had to eliminate its current acct deficit, FT (via Rogoff's site), 1 Dec 04

Jeffrey Sachs:  How to halve
world poverty -- What needs to be done in 2005 to get the UN's Millennium Development Goals back on track,  The World in 2005/The Economist (via his site),  Nov '04  [pdf]

Rodrigo de Rato: 
No half measures -- One lesson of the past decade is that there is no alternative to strong defenses against financial crisis,  The World in 2005/The Economist (via IMF site),  Nov '04

Economists are
getting religion:  Can organized faith be explained by supply and demand?,  by J Weber & assoc,  Business Week,  29 Nov-6 Dec 04  (incl link to:  Graphic--The faith market: 5 economists' views)

Jean Dreze:  Don't forget
India's poor:  Economic reforms have left them behind, but there's no shortage of policies that could help,  Time,  29 Nov-6 Dec 04

Gurcharan Das: 
The respect they deserve --  India's rich are doing well, and good for them - but the growing middle class is the real story,  Time,  29 Nov-6 Dec 04

On the trail of
bin Laden -- In the land of the Pashtun:  The world's most wanted man took refuge in the crags & caves of Tora Bora's mountains, by T McGirk,  Natl Geographic,  Dec '04  (excerpts only, w/ multimedia links)

Editorial: 
How America can meet 'the China price':  Start by cutting the budget deficit. And boost funds for education,  BusinessWeek,  29 Nov-6 Dec 04  (Link to:  Special report--The China price)

Celso Furtado -- An economist who offered radical interventionist policies for Brazil, he was the country's most renowned economist, by S Branford, The Guardian, 26 Nov 04  (Link to:  The Celso Furtado Prize; and Google Print--Econ. Devel. of LatAm)

Robert Shiller:  Modern economy blurring the line bet.
capital & labor --Complex financial capitalism is here to stay, & union leaders must study finance rather than condemn it, Proj Synd via Taipei Times, 26 Nov 04 (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

At ranch, Bush plays host to
Spanish king:  Visit is part of outreach to Europeans, by Mike Allen, Washington Post (free registr req'd), 25 Nov 04

Editorial: 
China's Latin business trip -- Its increased presence in Latin America may have the healthy side effect of spurring Washington to stop taking the region for granted,  NYTimes (free registr. req'd),  25 Nov 04


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