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Editorial:  Thousands died
in Africa yesterday -- When a once-in-a-century natural disaster swept away over 100,000 lives, developed world opened its hearts & its checkbooks,  New York Times (via UN site),  27 Feb 05

Bush's
economist reflects on man, job:  Mankiw pulled no punches, and took some heat,  by R Gavin, Boston Globe, 26 Feb 05 (Link to:  Mankiw's resignation letter [via his site, pdf])

Foreign investment's
flip side: US trade deficit swells along w/ consumption, debt,  by P Blustein,  Washington Post (free registr. req'd),  25 Feb 05

Plans to revamp
Gaza's economy:  For Israel's pullout from Gaza to be successful, both sides need to work to make the strip's economy flourish afterwards,  The Economist,  24 Feb 05  [Correction]

Partha Dasgupta: 
Wealth can take different forms -- How is a generation to judge whether it is leaving behind at least as large a productive base as it inherited?,  Project Syndicate via Bangkok Post,  24 Feb 05

Processing time for
foreign visas improves:  GAO study finds improvement in visa processing time for foreign science students, by D Hanson, Chem. & Engineer. News, 24 Feb 05 (Link to: Summary--Govt. Account. Ofc report)

Argentina's debt restructuring -- Screeching to the precipice:  It appears to have persuaded most of its bondholders to accept a deeply discounted offer, The Economist,  24 Feb 05  (Link to:  WB Argentina intro)

Editorial: 
Warning from the markets--When a seemingly innocuous remark from S Korea's central bank makes the dollar tank, all is not well with US's position in world economy, NYTimes(free registr req'd) | IHTrib, 24 Feb 05

South Korea's central bank says it has
no plan to sell dollars:  The bank, holder of world's 4th-largest foreign currency reserves, sought to allay concern it is diversifying away fr. dollar,  by S Han,  Bloomberg, 23 Feb 05

Kofi Annan: 
Our mission remains vital -- The UN needs to be reformed, but it still performs a crucial function,  Wall Street Journal,  22 Feb 05

Afghan living standards among the lowest, UN finds:  The first-ever Afghan Human Development Report is the first comprehensive look at its state of develop. in 30 yrs, by C Gall, NYT (free registr req'd) | IHTrib,  22 Feb 05

Q&A with
Peru's Economy and Finance Minister Pedro-Pablo Kuczynski: During his cabinet stints Peru has outperformed nearly every other Latin American economy,  by J Contreras,  Newsweek,  21-28 Feb 05

Gary Becker:  A political case for
Social Security reform -- Individual accounts would protect retirees from govt interference,  Wall Street Journal, 21 Feb 05

World economy--The
outlook for oil:  Global crude oil prices have remained high in '05, reflecting stronger-than-expected demand and OPEC production cuts,  Economist Intelligence Unit,  21 Feb 05

Asia's tigers hang tough:  Pressure from China is forcing SE Asian factories to shape up,  by A Shameen & assoc,  Business Week,  21-28 Feb 05

Kenneth Rogoff: 
The myths of the cheap yuan -- Even a doubling of the yuan's value is not going to begin to eliminate China's cost advantages,  Newsweek,  21-28 Feb 05

Moises Naim:  Tunnel vision on
corruption -- It has too easily become the universal diagnosis for a nation's ills,  Washington Post (free registr. req'd),  20 Feb 05

Fmr US pres begin Sri Lanka tsunami visit: Bill Clinton & George HW Bush began 3rd-leg of 4-nation tour of tsunami-hit region,  Agence France Presse via Yahoo!,  20 Feb 05  (Link to: Fmr US pres witness devastation in Aceh)

Bush economic report pushes
free trade:  In its annual report to Congress, admin devoted entire chapter to extolling benefits of free trade & seeking to answer critics,  Associated Press via Forbes, 18 Feb 05 (Link to:  Economic Report of the Pres., 335pp)

2 big appetites take seats at
the oil table:  India joins China in a worldwide rush for oil and gas,  by K Bradsher,  New York Times (free registr. req'd) | IHTribune,  18 Feb 05

Boardroom: 
School for scandal -- Is the MBA responsible for moral turpitude at the top?,  The Economist,  17 Feb 05 (incl link to: Are business schools bad for business?)

Pensions in poor countries -- Second thoughts on
the third age:  The World Bank reconsiders its pension strategy,  The Economist,  17 Feb 05

Go slow
on borrowing, Greenspan cautions:  Bush may agree to raise Social Security tax ceiling, by N Henderson & assoc, Washington Post (free registr req'd),  17 Feb 05

Mouse & wo/man:  Laurels for giving the Internet
its language -- Assn for Comput. Machin. plans to announce Cerf & Kahn will receive '04 Turing Award for creating Internet's underpinnings, by K Hafner, NYT(free registr reqd) | IHTrib,  16 Feb 05

Happy yet?:  Q&A with Richard Layard -- Money can't buy happiness: That's not a message you'd expect from an economist,  by M McMillen, Washington Post (free registr req'd),  15 Feb 05;  and

Nook & cranny:  Richard Layard --
The secrets of happiness:  Individuals want more income. Yet, as society has got richer, people have not become happier,  New Statesman (via his site),  3 Mar 03  [pdf]

Demise of
Beirut ex-PM leaves economic uncertainty:  Analysts who credit Hariri w/ stabilizing Lebanese pound, once in free fall, now fear pressure on currency will build,  Reuters, 15 Feb 05 (Link to:  Intro--Lebanon: Reuters | World Bank;  and Syria: Reuters | WB)

Rice sends team to assess
Iraq transition:  The team was assigned to take a 'fresh look' at Iraqi governance, economic development and reconstruction,  by R Wright & assoc, Washington Post (free registr. req'd),  15 Feb 05

The
new orthodoxy:  Eastern Europeans put their faith in the flat tax,  by William Underhill,  Newsweek,  14-21 Feb 05

Michael Mandel:  The budget's misguided
parsimony--Let me tell you about the most important economic statistic you've never heard of - something called MFP,  Business Week,  14 Feb 05

Laura Tyson: 
How Europe is revving its engine -- A tough new economic agenda is aimed at boosting productivity,  Business Week,  14-21 Feb 05

Inside the
Hermit Kingdom -- Going into business:  N Korea can't feed its citizens, but cautious econ. reforms have led to a growth of enterprise. Can the regime keep a lid on the changes?,  by D MacIntyre,  Time,  14 Feb 05 (Link to:  N Korea intro Reuters | WB)

State Dept relaxes visa rules for some
scientists & students:  It has extended the time many of them can remain before renewing security clearances,  by K Lee,  New York Times (free registr. req'd) | IHTribune,  14 Feb 05

Richard Freeman: 
Who will win the prize? -- The world's best-performing economies change because each decade's problems are different,  Newsweek,  14-21 Feb 05

Editorial:  The
Mideast lull -- A golden chance:  Don't let security cares choke off the fine start Abbas has made,  Business Week,  14-21 Feb 05

Horizons:  No rest yet
for the Fed--Economists expect key rate to hit 3.75% before a break in campaign of increases,  by T Annett,  Wall Street Journal, 11 Feb 05 (incl link to: Monthly econ. forecasting survey of 56 economists)

Joseph Stiglitz: 
Privatization makes old age less safe--With many countries pondering whether to adopt variants of the Bush plan, the question requires careful analysis,  Project Syndicate via Daily Times (Pakistan),  11 Feb 05

Editorial: 
Oil for food facts -- The interim Volcker report is no whitewash,  Wall Street Journal,  10 Feb 05

White House to seek $950 million for
tsunami aid:  The new supplemental budget request would put US at the top of the list of donors to the disaster,  by G Kessler,  Washington Post (free registr. req'd),  10 Feb 05

Hal Varian:  Two issues face
Social Security, and applying one answer to both is risky -- Balancing the Social Security budget and introducing private accounts are two distinct issues,  NYTimes (via his site),  9 Feb 05

Debt-rating firms resist prospect of more supervision,  by A Klein,  Washington Post (free registr. req'd),  9 Feb 05  (Link to:  Senate panel to begin hearing on bond raters [w/ link to Shaping the wealth of nations])

Boardroom:  Robert Shiller -- How Wall Street learns to look
the other way: The view of the world promulgated in modern business education sets the stage for unethical conduct, NYTimes (free registr req'd) | IHTrib, 8 Feb 05

Iran's economy--A future less bright: Its conservative parliament has slowed moves toward reform, which could prove costly when oil prices fall,  by R Ernsberger & assoc,  Newsweek, 7-14 Feb 05  (Link to: Iran intro Reuters | WB)

Glenn Hubbard: 
Social Security--Pick the best part of every plan: One idea- A guaranteed minimum benefit for low-income seniors,  Business Week,  7-14 Feb 05

Asian dollar pegs:
If
Beijing revalues...,  by B Bremner & assoc;  and Is the ringgit better off on its own?,  by A Shameen,  Business Week,  7-14 Feb 05;  and

Hong Kong peg a separate issue from yuan link,  by Y Kuramitsu, Bloomberg via Intl. Herald Tribune,  19 Jan 05

Time's
Board of Economists at Davos:  Growing, growing ...gone?--China's under control, Europe's finally reforming, and the global economic outlook is rosy, right? Not quite,  by P Gumble,  6 Feb 05

G7 agrees to
ease debt burden of the poor:  The 7 richest nations agreed for first time to pursue a 100 pct write-off in $70 bln debt owed by the poorest nations,  by A Cowell,  NYTimes (free registr. req'd) | IHTrib,  6 Feb 05

Emerging powers push for place at G7 high table:  Finance min from India, Brazil & South Africa attended a meeting w/ G7 in an acknowledgement of shift in world economy,  Reuters via Boston.com,  5 Feb 05  (Link to:  IMF G7 intro)

Nook & cranny:  Investing for retirement -- Two views:
Stocks too risky for
the long run?--A debate,  Financial Advisor Magazine,  30 Apr 04 ;

Jeremy Siegel:
It's still stocks for the long run, CNNMoney, 30 Nov 04; and

Zvi Bodie:  Sleep soundly
without stocks,  Business Week,  28 Jul 03  (Related archive linkDec 16th)

Jeffrey Sachs: 
A little aid goes a long way -- The world should focus its aid effort on poor nations that are relatively well governed,  Proj Syndicate via Taipei Times,  4 Feb 05  (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Conflicts cited in
Iraq oil program:  UN report says chief undermined sanctions,  by C Lynch,  Washington Post (free registr. req'd),  4 Feb 05  (incl link to:  Independ. Inquiry Cmte site and its interim report, 246pp)

After the tsunami -- The
rebuilding starts:  Assistance has been generous,
but it is not always being well spent,  The Economist,  3 Feb 05

Alan Krueger:  UN aims to cut poverty in half as experts wonder
how to measure it--Measuring poverty is difficult for a particular country, let alone the world,  New York Times (free registr. req'd) | via his site,  3 Feb 05

All eyes on special guest
China at G7 meeting: The invitation to its meetings in London reflects desire to hear how Beijing plans to solve some nagging doubts about its economy,  Times of London,  3 Feb 05

Report OKs
19 emerging markets for US giant pension fund:  Argentina, Sri Lanka, Thailand and Turkey are eligible to join the fund's closely watched list for investment this year,  The Nation (Bangkok),  3 Feb 05

Robert Shiller:  The next
bubble (or bust) -- A changing level of public confidence is the ultimate driver behind much of the variation in individual and national incomes,  Global Agenda (Davos),  Jan '05

Richard Cooper: 
Carry on spending! -- The problem is not that the US is spending too much, but that the rest of the world is spending too little,  Global Agenda (Davos),  Jan '05

Robert Gates:  Land of
the freeze--America will hurt itself unless it resumes its warm welcome to foreign students and scholars,  The Economist - The World in 2005,  Jan '05  (Related archive linkDec 21st)

Kenneth Rogoff:  A prescription
for Marxism -- The next great battle between socialism and capitalism will be waged over human health and life expectancy,  Foreign Policy (via his site),  Jan/Feb '05

Import workers or export jobs? -- The travelling
bra salesman's lesson: The first prize winner of the essay competition run by Shell and The Economist, The World in 2005,  Jan '05  [pdf format]

Rashid Khalidi: The
lessons of history-Foreign intervention has undermined democracy in Mideast for more than a century. But Arab countries are far from devoid of a democratic tradition,  Global Agenda (Davos),  Jan '05

Celso Amorim:  Brazil redraws
the trade map--The new negotiating patterns in World Trade Org. are important not just for pursuit of fairer farm trade, but as a model for fairer intl governance,  Global Agenda (Davos),  Jan '05

There is
no trade king:  Pascal Lamy on why he wants to run the 'medieval' World Trade Org.,  by Karen Miller,  Newsweek,  31 Jan-7 Feb 05

Anwar Ibrahim:  The quest for
social justice -- True social justice is still a long way off for much of Asia. It is time for leaders to wake up to the demands of their people,  Global Agenda (Davos),  Jan '05

Coffee/tea break: 
Caffeine--Slurped in black coffee or sipped in green tea,  it is the world's most popular psychoactive drug,  by T R Reid,  National Geographic,  Jan '05 (excerpts only, w/ multimedia links)

Roberto Lavagna:  New rules for
debt work-outs--The intl financial system needs new concepts & instruments to deal with recurring sovereign debt crises, like the one Argentina has suffered,  Global Agenda (Davos), Jan '05

Sebastian Mallaby: 
Marketing Darfur--Can a professor's struggle lessen the death toll?,  Washington Post (free registr. req'd),  31 Jan 05

Taking the pulse of
technology at Davos:  Dreams grow for high tech in Third World,  by J Markoff,  NYT (free registr reqd) | IHTrib,  31 Jan 05

Robert Shiller: 
Can we insure against tsunamis? -- None of the hardest hit nations had developed an early warning system. They can't all be bunglers, Proj Synd via Taipei Times,  29 Jan 05  (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Editorial: 
America's promises -- For the third straight year, Pres. Bush has committed a lot less than he promised to poor countries,  New York Times (free registr. reqd) | Intl.HTribune,  28 Jan 05

Interviews with Robert Shiller:  Booms and bubbles--Nobody knows when a bubble will end, by K Miller (
Newsweek) and A Feldman (CNN Money),
27 & 25 Jan 05 (w/ excerpts of bk's new ed. in latter) (Link to:
Princeton U Press--Irrational Exuberance)

Andy Mukherjee:
Will yuan be made flexible first?--Convertibility is neither a prerequisite for flexibility, nor a solution to China's overheating challenge,  Bloomberg News,  27 Jan 05  (Link to:  Prasad & assoc -- Putting the cart before the horse? [posted by IMF Jan 25th])

Davos's best, worst, and surprising: Blair, Chirac & Gere, by B Nussbaum, Business Week, 27 Jan 05 (incl link to: A vote on global concerns) (Link to: World Economic Forum | Session summaries)

China passes US in trade with Japan:  2004 figures show Asian giant's muscle,  by P Blustein,  Washington Post (free registr. reqd),  27 Jan 05

Jeffrey Garten:  The high-tech threat
from China -- America Inc. is rushing Beijing ahead by sharing R&D treasures,  Business Week,  24-31 Jan 05

The
next big killer:  Avian flu could kill tens of millions around the globe. Are we prepared?,  by R Langreth & assoc,  Forbes,  24 Jan-7 Feb 05


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