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Joseph Stiglitz: 
Lessons from the catastrophic tsunami--Nature, as we have learned from the tsunami, has its own timetable,  Proj Syndicate via Taipei Times,  26 Jan 05 (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Iraq's election day:  A guide to the complex and possibly violent election coming up on Sunday, 
Wall Street Journal,  26 Jan 05  (If the link is no longer available under 'Interactive features', pls. try this adapted link)

Anti-globalization militants gather in Brazil's
Porto Alegre to counter Davos summit:  Organizers expect 100,000 people from 122 nations to take part in 5th annual WSF,  Agence France Presse via Yahoo!,  26 Jan 05  (Link to: World Social Forum [pls. select lang.])

At Davos, taking networking to the next level:  Among more than 2,250 participants from 96 countries, execs are embarking on a 5-day hobnobbing extravaganza w/ world leaders,  by K Bennhold, IHTribune,  26 Jan 05

Nook & cranny:  M Porter & M Kramer --
The pluses in corporate philanthropy,  Boston Globe (via his site),  13 Jan 03;  and

Corporate social
responsibility:  Q&A with Michael Porter -- Where can biz use their giving to achieve broad social impact?,  by M Morsing,  European Business Forum,  Oct '03

Dollar's steep slide adding to tensions US faces abroad: Bush faces potential currency crisis, in which dollar plunge could set off economic waves around the world, by D Sanger & assoc, NYT(free registr reqd)| IHTrib, 25 Jan 05 (Link to: Wall St J graphic--Bush's first 4 yrs, incl econ [adapted link])

Jeffrey Garten:  The growing
calls for change -- While we do need stronger arrangements for trade, aid & currencies, we give too little credit to those who have created & led global econ. institutions,  Newsweek, 24-31 Jan 05

Asia's tsunami--
The impact, A special report: Contains items not previously linked to--Nations most affected at a glance; secs. on Indonesia, Sri Lanka, Thailand and India,  Economist Intelligence Unit,  Jan '05  [pdf]

Michael Mandel: 
Productivity can make up the gap -- Today we are seeing the rise of 'reverse Malthusians', who warn darkly of the dangers of a world with too few babies & an aging population,  Business Week,  24-31 Jan 05

The
new ideas labs:  As more firms send research to India and China, could the US fall behind?,  by A Adiga & assoc,  Time,  23 Jan 05

Editorial:  A boss for the
World Bank -- The world already has a shortage of competent institutions to manage transnational challenges. Hobbling the best one would be irresponsible, WashPost (free registr. req'd),  23 Jan 05

Editorial: 
A proposal to end poverty -- It is so easy to sit back in the affluence of comfortable lives and nitpick to death the UN's action plan to eradicate poverty,  NYTimes (free registr. req'd) | IHTribune,  22 Jan 05

US vows to attain global
warning system:  A consensus emerged that global system would build on tsunami alert system that has protected Pacific Rim countries,  by J Brooks,  NYTimes (free registr. req'd) | IHTrib,  21 Jan 05

Flow of capital soars
to 'emerging' nations: Private investment surge echoes 1990s, says leading intl assn of fincl institutions, by P Blustein, Washington Post (free registr reqd), 20 Jan 05 (Link to: Inst of Intl Finance statement & report)

Guess who's coming
to Davos:  Juggling egos at the ultimate A-list party,  by M Landler,  NYTimes (free registr. req'd) | IHTribune,  20 Jan 05

Editorial: 
Fighting global poverty--In the past decade or so, much has been learned about how to deliver aid effectively.The new report wisely endorses this conventional wisdom,  Washington Post (free registr. req'd),  20 Jan 05

Jagdish Bhagwati: The truth
about trade--With controversies plaguing WTO from Seattle to Cancun, it has become necessary to separate the wheat from the chaff, Wall St J (via CFR site), 18 Jan 05 (Link to: Expert group--The future of WTO

Moises Na�m: 
Three wise men -- What China�s leaders can learn from Confucius, Mao, and Stanley Fischer,  Foreign Policy,  Jan/Feb '05

Argentine finance--To swap or not to swap:  It isn't offering bondholders any new sweeteners. But the risk in not accepting the 'take it or leave it' debt restructuring deal is great,  Economist Intelligence Unit,  18 Jan 05

Report on
global poverty--Whatever it takes:  A UN-sponsored report urges rich countries to spend more on cutting poverty in poor nations. But there are still plenty of cynics,  The Economist,  18 Jan 05  (Link to:  UN's Investing in Develop.--A practical plan to achieve millen. develop. goals)

Listening for atom blasts, but hearing
earthquakes:  A global monitoring network that detects potential nuclear blasts has proven to be a boon to seismology, by W Broad, NYT(free registr req'd) | IHTrib, 18 Jan 05; and

Early data on
Asian quake went unnoticed in Vienna,  by T Fuller,  Intl. Herald Tribune,  29 Dec 04

Jeffrey Sachs: 
A practical plan to end poverty--Why don't we invest more? The reason is not stinginess but the lack of recognition of what we could accomplish if we really put our minds to it,  WashPost (free registr. req'd),  17 Jan 05

Q&A with John Snow:  'Let's
get it fixed forever' -- The Treas. Secy. lays out the Administration's reasons for pushing private investment accounts for Social Security,  Business Week,  17-24 Jan 05

Ralf Dahrendorf: 
Legitimacy and elections -- While free elections are a necessary condition of legitimacy, they are far from being sufficient to assure it,  Project Syndicate via Daily Times (Pakistan),  15 Jan 05

Rodrigo de Rato: 
A long-term commitment to the tsunami victims -- As the headlines fade and the cameras move on, the intl. community must meet its commitments for assistance,  Jakarta Post (via IMF site),  15 Jan 05

Argentine local bondholders start to
exchange debt:  Pension funds became  first investors to trade in defaulted debt for new securities,  by A Barden & assoc,  Bloomberg News,  14 Jan 05  (Link to:  Reuters -- Debt swap offer: Chronology and factbox)

Outpouring of relief has some subtle roots:  The world's response has dwarfed previous outpourings of aid in response to disasters, by D Altman, Intl Herald Tribune, 14 Jan 05 (Link to: BBC News/AFP via ChNewsAsia--Leaders of Finland, Sweden, Norway and Canada visit tsunami-hit region)

Cash often fails to match
aid pledges:  The tsunami relief effort illustrates how large pledges of aid have historically yielded far less cash than was promised,  by C Lynch,  Washington Post (free registr. req'd),  14 Jan 05

Coffee/tea break: Hal Varian--The dynamics of
pricing tickets for Broadway shows:  The value of theater seat, like seat on airplane, is highly perishable. Once show starts, it is worth next to nothing,  NYT (via his site),  13 Jan 05
(Link to: 
Rand J Econ summary)

9/11 families return generosity to Sri Lankans:  The families of 9/11 victims returned the generosity afforded them by a group of Sri Lankan Buddhists living in NY area in '01,  Reuters,  12 Jan 05

2005 Q&A -- Short takes on key questions that will affect markets in year ahead,  Eurasia Group,  10 Jan 05  (w/ link to download in pdf)  [see also their 1st annual Global Leadership 50; and The world at risk w/ Fortune]

Newsroom: 
The future of New York Times -- Its publisher has his hands full - weaker earnings, a changing media world, a scandal's aftermath,  by A Bianco & assoc,  Business Week,  10-17 Jan 05  (Link to:  Wall St J--Free [or cheap] press [If no longer avail. under 'Interactive features', pls. try this adapted link])

Laura D'Andrea Tyson:  Social security crisis?
What crisis? -- Modest benefit cuts & revenue increases would solve the shortfall,  Business Week, 10-17 Jan 05  (Related archive linkDec 16th)

UN moves to devise system
for tracking relief money:  As UN begins its program of tsunami relief, it is working to devise a public tracking system for aid money, by J Miller,  NYT (free registr req'd) | IHTrib,  10 Jan 05  (Link to:  ReliefWeb)

Kenneth Rogoff:  A final grade for
Wolfensohn -- Not all his calls were so successful. Indeed, the bank has followed so many fads that these days nobody is quite sure what it stands for,  Newsweek,  10-17 Jan 05

Debt deferral after the tsunami: Debt would not be written-off or cancelled; rather, countries would be allowed to suspend payments for a certain period of time,  Economist Intelligence Unit,  10 Jan 05

Michelle Singletary:  Be generous,
but be careful -- Before you give, follow these tips offered by disaster relief professionals and govt officials,  Washington Post (free registr. req'd),  9 Jan 05;  and

Internet sparks outpouring of instant donations,  by J Markon & assoc,  WashPost (free registr. req'd),  30 Dec 04  (Link to:  Tsunami relief -- thru [in alphabet. order]
Amazon | Google | MSN | Network for good [jt. AOL, Cisco & Yahoo!] | Disasters emergency cmte [UK umbrella grp])

Portfolio:  Q4 results -- US-based funds:  A
return to normal (if there is a normal)--In '04, for 1st time in more than decade, stock funds posted gains in line w/ historical rate,  by P Lim,  NYT (free registr req'd),  9 Jan 05 (Link to:  Econ.'s graphic--Intl stockmarkets '04); and

New threats to a
five-year run: Some analysts say turmoil over a ballooning US deficit could hurt emerging-markets bond funds,  by G Fabricant,  NY Times (free registr. req'd),  9 Jan 05

Citigroup's Fischer to head
Israel's central bank:  The former no. 2 at IMF agreed to take the job after it was offered to him several weeks ago by PM Sharon, by J Ferziger & assoc, Bloomberg News, 9 Jan 05 (Related archive linkSep 16th)

Kenneth Rogoff:  Loving
America's deficits -- Going deep into debt when you have so much money to spend takes a lot of hard work,  Project Syndicate via Daily Times (Pakistan),  7 Jan 05

Trading places:  This is a big year for world trade. But first, the World Trade Org. must find a new boss, and US must pick a new trade chief, The Economist,  7 Jan 05  (Link to:  Editorial--Delivering on Doha's promise)

For Swedes, tsunami evokes sense of national tragedy:  With 52 dead and 1,900 still missing, officials say they could be the worst-hit in Europe,  by A Cowell,  New York Times (free registr. req'd),  7 Jan 05

Emergency aid--Now spend it sensibly:  Aid, in a variety of forms, is being pledged more quickly than it can be spent. But have those who deliver it really learned from past mistakes?,  The Economist,  7 Jan 05

Annan urges fast delivery of disaster aid: UN officials fear bottlenecks; relief camps in works,  by G Kessler & assoc,  WashPost via SF Chronicle, 7 Jan 05

The struggle of China's
champions:  China wants to build world-class companies. Can it succeed?,  The Economist,  6 Jan 05

Ruined
Palestinians hope Abbas will bring revival:  Between '99 and '03, unemployment rate rose from 10 pct to 26 pct,  Reuters via Daily Times (Pakistan),  6 Jan 05 (Link to:  S Afr Star--Palest. at a glance; & Outlook for West Bank & Gaza [posted by IMF Jan 4th])

A Alesina & F Giavazzi:  All talk & no action kills confidence in
economic reforms--Reform, when long discussed but never implemented, can do far more harm than good,  Proj Syndicate via Taipei Times, 5 Jan 05 (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Nobel Prize economist
Gerard Debreu dies:  Through the work of Debreu and others, the conditions of 'invisible hand' in marketplace were clarified,  AP via The Guardian, 5 Jan 05 (Link to:  UC Berkeley statement; & Nobel Econ 1983)

Richard Posner:  The tsunami and the economics of
catastrophic risk--The fact that a disaster of a particular type has never occurred is a bad reason to ignore it,  Wall Street Journal (via his jt. site),  5 Jan 05 (Link to:  Oxford U Press--Catastrophe [2004], w/ t-o-cont.)

As the
waters recede:  Govts of the tsunami-striken countries are assessing the disaster's impact on various industries, from tourism to finance,  Economist Intelligence Unit,  5 Jan 05

Economic implications of the tsunami:  Last week's tsunami killed nearly 150,000 people, but the region�s financial markets are strangely serene. Are they callous, or right?,  Economist Intelligence Unit,  5 Jan 05

William Hooke:  Avoiding a
catastrophe of human error-We live on a planet of extremes and cataclysm.  And the extremes we face will be greater than even the strongest in our past. Can we blunt these catastrophes?, WashPost (free registr. req'd),  5 Jan 05

Pledges grow, hurdles loom in
relief effort:  Fresh infusions of aid gave yet more push to relief effort for Asia as it confronted logistical breakdowns, by S Shane,  New York Times (free registr. req'd),  5 Jan 05

Mary Anastacia O'Grady: 
Hail Estonia! -- But America drops out of the top 10,  Wall Street Journal,  4 Jan 05  (Link to:  Heritage/WSJ -- Index of Economic Freedom '05)

Editorial: 
Haphazard charity -- This extraordinary outpouring of generosity ought to prompt a reexamination of the rich world's relationship with far-off misery,  Washington Post (free registr. req'd),  4 Jan 05

Barry Eichengreen:  The dollar's fall -- Time for a
grand bargain?:  The outlines are clear - fiscal consolidation in US, fiscal expansion in Asia, and monetary stimulus in EU, Finanz und Wirtschaft (Swiss)[via his site], 3 Jan 05 [pdf]

Foreign investment destinations--
Where to outsource now:  India still leads, but a number of countries may give it a run for its money in 2005,  Forbes,  3 Jan 05  (Link to:  A T Kearney--2004 FDI Confidence Index, w/ list on last page of 25 most attractive destinations, '98-'04)

Stephen Roach:  How to
fix the world -- The modern-day global economy has never been more unbalanced than it is today,  The Edge Daily (Malaysia),  3 Jan 05

Business outlook --
Israel:  A bunch of blooms in the desert,  by N Sandler & assoc,  Business Week,  3-10 Jan 05

Jeffrey Sachs:  The
class system of catastrophe -- Disasters often hit the poor the hardest. It doesn't have to be that way,  Time (via his site),  3-10 Jan 05  [pdf]

Kerry Sieh: 
How science can save lives -- We know plenty about earthquakes and tsunamis, but we don't always apply the knowledge, Time, 3 Jan 05

Glenn Hubbard:  A gold medal
for the Fed's inflation fighters--As a teacher of fincl mkts, I know that students' interest in inflation has faded. But we should not take Fed's success for granted,  Business Week,  3-10 Jan 05

Horizons:  US economic forecasting survey-Most (of 56) economists expect modest but healthy growth in '05, 
Wall Street Journal,  3 Jan 05 (If the link is no longer available under 'Interactive features', pls. try this adapted link)

Asia's economies -- Tallying
the damage:  Asia's engine room wasn't swamped, but the waves wiped out countless jobs and rebuilding may take years,  by M Schuman & assoc,  Time,  3 Jan 05

Kenneth Rogoff:  How about a
Porto Alegre IMF?--Give emerging markets a chance to invest some of their bulging dollar reserves in better global financial governance,  Newsweek Issues 2005 (via his site),  2 Jan 05

World Bank's Wolfensohn expects to leave this year:  His second five-year term as president expires in June, by P Basken & assoc,  Bloomberg News, 2 Jan 05

Indonesia plans tsunami summit; disaster scope widens: A number of world leaders will attend an intl summit in Jakarta this week,  by S Permatasari & assoc,  Bloomberg News,  2 Jan 05

'Dysfunctional' economy is
Yushchenko's first challenge:  Sandwiched bet. Russia & EU, Ukraine has yet to complete its transition to a market econ. based on the rule of law,  by J Dempsey,  Intl. Herald Tribune,  31 Dec 04

Tony Blair:  A year of
huge challenges -- As UK takes over the presidency of G8, two particular tasks face the world's rich nations: sorting out Africa, and dealing with climate change,  The Economist,  29 Dec 04

US slips in luring world's brightest: It has customarily tried to attract foreign students as way of disseminating nation's core values. But 3 other strategies emerged in '90s,  by S Dillon,  NYT via Intl. Herald Tribune,  21 Dec 04


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