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Boardroom:  Jack Welch with Suzy Welch -- How to be a
good leader: During his long career, Welch mentored a generation of future CEOs. In an exclusive excerpt, his rules of the game,  Newsweek,  28 Mar-4 Apr 05

Robert Barro:  Why
private accounts are bad public policy -- 'I once thought personal accounts for Social Security were a good idea but have changed my mind,'  Business Week (via Harvard site),  28 Mar-4 Apr 05  [pdf]

Claudia Rosett: 
Giving till it hurts -- Jeffrey Sachs has a bold plan to end poverty world-wide. Alas, it won't work,  Wall Street Journal,  27 Mar 05

Q&A with Paul
Wolfowitz -- 'Important things' to do:  With a vote on his nomination expected this week, he has sought to calm the storm by speaking out,  by L Weymouth, Wash.Post (free registr. req'd),  27 Mar 05

Getting a
foreign education in the Middle East:  Qatar has become home to one of boldest experiments in higher education in the world, and certainly the boldest in Middle East,  by O Pohl,  Intl. Herald Tribune,  25 Mar 05

Wolfowitz draws nearer to
World Bank post:  Nominee reassures board members,  by P Blustein,  Washington Post (free registr req'd),  24 Mar 05

Jeffrey Sachs:  It is time to free the
World Bank -- Mr Wolfowitz and any other candidates should be required to clarify their positions on 4 central issues of global devel., Financial Times (via Columbia site), 23 Mar 05 [pdf]

Farm subsidies--Punch-up over handouts: Rich countries are under pressure to end their farm subsidies. Might some poor countries be sorry to see them go?,  The Economist,  23 Mar 05

Alvaro Vargas Llosa: The return of the left in
Latin America--By reconciling human rights and free markets, the left-of-center govts could enfranchise millions,  NYT via International Herald Tribune,  23 Mar 05

Fed's 'mixed' message suggests in-house debate, economists say,  by C Torres & assoc,  Bloomberg News, 23 Mar 05 (Link to: Leading bond fund manager buys emerging-market debt as bonds plunge)

Newsroom:  The
Bloombergs--Man, mayor, machine, company, future: The co. is navigating complicated waters as it matures from a hot start-up into a highly visible corp.,  by T O'Brien,  NYT (free registr` req'd),  22 Mar 05

Wolfowitz closing in on bank post:  Germany softens stance as nominee woos others, by P Blustein, Washington Post (free registr req'd), 22 Mar 05

Dutch hint at doubts on naming of Wolfowitz,  Financial Times (via NYT site [free registr. req'd]),  21 Mar 05

Joseph Nye:  Beware of
self-fulfilling prophecies -- The 'rise of China' is a misnomer. 'Re-emergence' would be more accurate, Proj Synd via Taipei Times,  21 Mar 05 (in this bilingual site, a 'language pack installation' sign may pop up-pls. select "cancel")

Why logic often takes a backseat:  By linking economic behavior to brain activity, neuroeconomics may topple the notion of rational decision-making, by P Coy,  Business Week,  21-28 Mar 05  (incl link to:  Slide show)

China's
rainmakers:  An elite group of venture capitalists, bankers and lawyers who are helping to bring foreign direct investment to China,  Time,  21-28 Mar 05

Laura Tyson:  What
Larry Summers got right -- Yes, many women opt out of the workplace. What can business do?,  Business Week,  21-28 Mar 05

Toward a unified theory of
black America:  Roland Fryer says he wants to use tools of econ. to figure out where African-Amer. 'went wrong' - starting w/ his own family, by S Dubner,  NYT Mag (via author's site),  20 Mar 05 (Link to: BW summary--On distinctively black names[via Fryer's site, pdf])

Even the oil-rich are
lured by VAT:  The value-added tax is appealing for several reasons, but it is not without its drawbacks,  by D Altman,  Intl. Herald Tribune,  19 Mar 05;  and

Editorial: 
The tax that France built -- One Republican plan would get us into a VAT of trouble,  Wall Street Journal,  5 Mar 05

Ralf Dahrendorf:  Democracy and
politics of values -- It is a dangerous development, as it reintroduces fundamentalist divisions in societies, Project Syndicate via Financial Express (India),  19 Mar 05

Graphic:  Two years later in Iraq--Track the arrival and departure of troops from around the world. And take a look at the collective face of those who have died,  Wall Street Journal (
adapted link),  19 Mar 05;  and

Nook & cranny:  Counting
the casualties in the Iraq war -- A statistically based study claims that many more Iraqis have died in the conflict than previous estimates indicated,  The Economist,  4 Nov 04  (Link to:  Lancet issue [for one-time visitor to site, pls read NYT article on compulsory registr bypass])

G20 demands end to trade-distorting farm subsidies within five years:  The  ministerial meeting in India agreed negotiating position before Dec's crucial Hong Kong WTO meeting,  United Press Intl. via Wash. Times,  19 Mar 05

Paul Krugman:  The
ugly American bank -- The advice that World Bank gives is as important as the money it lends - but only if govts take that advice,  New York Times (free registr. req'd) | IHTribune,  18 Mar 05

Washington's sway in Asia is challenged by China:  While US remains the dominant mil. power, China's growing econ. strength means that US doesn't enjoy untrammelled influence, FT(via NYT[free registr req'd]), 17 Mar 05)

Horizons: 
Economic policy -- Not exactly major league:  George Bush's economic team still looks weak,  The Economist,  17 Mar 05

Editorial: 
Banking on Wolfowitz -- And you thought Iraq was difficult,  Wall Street Journal,  17 Mar 05

Editorial:  A new boss
for the Bank -- By selecting Wolfowitz rather than a peripheral figure, Mr. Bush is showing that he understands World Bank's importance,  Washington Post (free registr. req'd),  17 Mar 05

Editorial:  Why Paul
Wolfowitz? -- There was a time when he might have seemed like a reasonable choice,  NYTimes (free registr req'd) | IHTribune, 17 Mar 05  (Link to:  White House--Wofowitiz's bio)

OPEC weighing oil production increases:  Bowing to pressure fr. consuming nations, OPEC's pres. said that group was considering an increase in its production ceiling, by J Mouawad, NYTimes (free registr req'd), 16 Mar 05

Mouse & wo/man:  Creative Commons is rewriting rules of
copyright -- Interest in these licenses comes as authors begin to warm to idea of Internet as friend instead of foe, by A Cha, Wash.Post(free registr req'd), 15 Mar 05

Ernesto Zedillo:  A world
without the UN? -- Critics overlook the fact that it is solely up to member countries' leaders to make key decisions. UN can be only as good or as bad as its members make it,  Forbes,  14-28 Mar 05

Newsroom:  Can papers end the
free ride online? -- Newspaper execs are watching anxiously as no. of online readers grows while no. of print readers declines,  by K Seelye,  NYT(free registr req'd) | IHTrib,  14 Mar 05  (Link to:  In Europe/Asia, publishers weigh Web options)

Gail Fosler:  Why I'm a
dollar bull -- The relationship bet. deficits & dollar is a red herring. And it is virtually impossible for the dollar to collapse when US is leading the world to higher interest rates,  Newsweek,  14-21 Mar 05

Outsourcing
innovation -- A special report:  Corporations are farming out their R&D to giant but little-known Asian developers. It's fast, efficient and cheaper. Are they going too far?,  by P Engardio & assoc,  Business Week, 14-21 Mar 05

Bradford DeLong: 
In search of global demand -- Without rapid demand growth somewhere in the developed world outside US, how can the global econ. balance itself?,  Project Syndicate via Daily Times (Pak.),  13 Mar 05

Francis Fukuyama:  The
Calvinist manifesto -- This year is 100th anniv. of Max Weber's The Protestant Ethic and the Spirit of Capitalism. It was a book that stood Karl Marx on his head,  NYT(free registr req'd), 13 Mar 05

Nook & cranny:  Robert Barro -- Is prosperity next to
godliness?:  New research weakens theory that role of religion declines as societies become wealthier and better educated,  Business Week,  3-10 Dec 01  (Link to:  Summary--Religion & econ. growth)

Q&A with Moroccan PM Driss Jettou:  A year after the
Madrid attacks, he denies his country is exporting Islamic terrorism but says his govt is pushing economic development,  by S Macleod,  Time,  13 Mar 05

Commission on poverty
in Africa seeks a doubling of aid:  The panel, w/c includes Tanzania's pres & Ethiopia's PM, contends many African govts are improving their practices,  by C Dugger,  NYT (free registr. req'd),  12 Mar 05  (Link to:  Comm. for Africa, w/ link to report)

Joseph Stiglitz: 
Crucial choice, flawed process -- Choosing the right general in global war on poverty will not assure victory, but choosing the wrong one enhances chances of failure,  Proj Synd via Australian Fin. Rev., 10 Mar 05

Portfolio:  Hal Varian --
Five years after Nasdaq hit its peak, some lessons learned -- How could stock prices be pushed up to such irrational and unsustainable levels?,  NYTimes (free registr. req'd) | via his site (graphic), 10 Mar 05

Immigration -- Dreaming of the other side of the wire:  Tight legal controls have driven Latinos to illegality. Why not try reversing the policy? Politics, that's why,  The Economist,  10 Mar 05

Horizons:  On
rate puzzle, economists finger inflation expectations,  by T Annett,  Wall Street Journal,  10 Mar 05  (incl link to:  Monthly economic forecasting survey of 56 economists)

Editorial:  Technology & development--The real
digital divide: The idea that a digital divide separates rich countries from poor, as usually understood, is  a myth,  The Economist,  10 Mar 05

Top-level call for radical change in
Africa aid:  Tony Blair launched a report by UK-sponsored Commission for Africa in London, w/ presentations also  in seat of African Union and NY, by D White,  Financial Times, 10 Mar 05

Sale of IBM unit to China passes
US security muster:  The unusual scrutiny reflects US ambivalence toward China's rising economic & military power, by S Lohr,  New York Times (free registr. req'd) | IHTribune,  10 Mar 05

Mouse & wo/man: 
Singapore surpasses US as top tech nation--World Econ Forum's latest annual Global Information Technology Report shows city-state has moved up from 2nd place last year,  Forbes,  9 Mar 05  (Link to: WEF statement)

Editorial:  Lessons from
Argentina -- With luck, the salutary lesson to investors won't be counteracted by a destructive lesson to borrowers,  Washington Post (free registr. req'd),  9 Mar 05

From our archive:  IMF says its policies crippled
Argentina -- Internal audit finds warnings were ignored, by P Blustein,  Wash.Post (free registr. req'd), 30 Jul 04  (Link to:  Report on evaluation of IMF's role in Argentina, 1991-2001)  [Related archive linkMar 25th]

Martin Wolf: 
Argentina's debt deal leaves it holding a weak hand--What are the lessons of its successful debt restructuring? Everybody needs to learn these lessons,  Financial Times | via Telam (Argentina)  9 Mar 05

Editorial:  Tough love
for the UN -- John Bolton follows in the tradition of Pat Moynihan and Jeane Kirkpatrick,  Wall Street Journal,  8 Mar 05

A message to the world:  Q&A with George
HW Bush -- With fmr pres Bill Clinton, he has led fund-raising efforts for tsunami victims,  by J Meacham, Newsweek,  7-14 Mar 05

Book value:  Jeffrey Sachs's
The End of Poverty -- Econ. possibilities for our time (2005): In a world of plenty, 1 billion people are so poor, their lives are in danger. How to change that for good, Time(via his site), 7-14 Mar 05 (Excerpt)  [pdf]

Promises to keep:  With some nudging from activists, politicians try to make good on pledges to Africa, by J McAllister,  Time, 6 Mar 05 (Link to: Photo essay--Bleak existence in some of world's poorest regions)

Editorial:  Serious
about farms?--Pres. Bush's proposal to cut farm subsidies represents good policy and plausible political calculation,  Washington Post (free registr. req'd),  6 Mar 05

N Boswell & P Eigen:  A
comment on 'Tunnel vision on corruption' (letter to the editor),  Washington Post (free registr. req'd), 5 Mar 05 (Related link below:  Feb 20th)

Portfolio: 
Buffett attacks American spending junkies,  by S Bowers, Guardian,  5 Mar 05  (Link to:  Buffet's letter to shareholders, w/ currencies sec. on p18)

This debt
has emerged:  Yields on instruments issued by the developing world have fallen far enough to take spreads over US Treasuries close to their lowest levels ever,  by C de Aenlle,  Intl. Herald Tribune,  5 Mar 05

The
tiger in front -- Introduction to a survey:  India can learn much from China's breakneck econ. expansion. But it has valuable lessons for China too,  by S Long,  The Economist,  3 Mar 05  (incl link to: Natl Intelligence Council's 'Mapping the Global Future')

Argentina announces deal on its debt default:  Govt announced that 76 pct of its creditors had accepted proposal that will pay them at most 30 cents on each dollar, by L Rohter, NYT(free registr req'd) | via Telam(Arg), 4Mar05

Argentina ends restructuring, swaps $62.2 bln bonds,  by D Helft & assoc,  Bloomberg News,  3 Mar 05

Bradford DeLong: 
Fiscal follies in America and beyond -- To what extent do we accept a world where the non-rich die in situations in which the rich would live?,  Project Syndicate via Yemen Times,  3 Mar 05

Rebuilding
failed states -- From chaos, order:  What can the world do about state failure? Surprisingly, quite a lot,  The Economist,  3 Mar 05

Editorial: 
A tyrant cornered -- The Bush administration and French govt rightly sense an opportunity to side with an emerging Arab movement of people power,  Washington Post (free registr. req'd),  3 Mar 05

Investors of the world, here's the word
on Putin Inc.:  If not Western-style, free-market capitalism, exactly what economic model is Russia embracing?,  by E Arvedlund,  New York Times (free registr. req'd) | IHTrib,  2 Mar 05

Editorial: 
Dollar jitters -- To stabilize this house of cards, Congress and the administration should pull the one lever they have,  Washington Post (free registr. req'd),  1 Mar 05

Kenneth Rogoff: 
Let it ride--When taming volatile currencies, policymakers are trying to rein in forces they can't control-much less understand,  Foreign Policy,  Mar-Apr '05

Graphic:  Energy
(in)security? -- How is the global energy system likely to evolve over the next 30 years? The Intl Energy Agency paints a sobering picture in its 'World Energy Outlook',  Fin. & Develop.,  Mar-May '05 [pdf]

Jeffrey Sachs: 
What the pres. doesn't want to hear -- 'I watch US from the outside looking in. On any given day, I'm likely to be in a village in Africa or a megacity in Asia. Is this really the same planet?,'  Esquire (via his site), Feb '05  [pdf]

Asia's '
Bellagio Group' won't undermine dollar:  Finance officials from 13 nations agreed to set up group, w/c will help coordinate policies & ideas,  by T Keene,  Bloomberg,  28 Feb 05  (Related links:  Bloomberg and Korea Times)

A bumpy but rewarding ride:  Q&A with emerging-markets bond expert Mohamed El-Erian, by Chester Dawson,  Business Week, 28 Feb-7 Mar 05

Robert Shiller: 
GDP-linked borrowing better for developing countries -- It's time for govts to issue growth-linked bonds whose payout is tied to GDP, Proj Synd via Taipei Times,  28 Feb 05  (in this bilingual site, a 'language pack installation' sign may pop up--pls. select "cancel")

Edmund Phelps: 
Evidence-based economics is greatly lacking -- Short-sightedness & ideological prejudices cause many analysts to see only what they want, Proj Synd via Taipei Times,  25 Feb 05 (in this bilingual site, a 'language pack installation' sign may pop up-pls. select "cancel")


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