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Kristin Forbes: 
A perfect storm? -- A number of events on the horizon could combine to form 'perfect storm' for emerging markets, unless govts & internatl financial institutions act now,  Global Agenda Magazine,  Jan '06

Iraq rebuilding badly hobbled, US report finds:  The first official history of  reconstruction depicts program beset by understaffing, infighting & lack of technical expertise,  by J Glanz,  New York Times(free registr reqd),  24 Jan 06

Call for state role
in Afghan aid:  Three-quarters of foreign aid to nation flows outside of the govt's budget,  BBC News,  23 Jan 06  (Link to:  WB statement, and report on Afghan aid w/ exec sum)

Angelina Jolie:  Solving the
global refugee crisis--The solutions to the crisis are simple if only we had the will to address it,  Global Agenda Magazine (Davos),  Jan '06 (Link to: Nook & cranny--Easterly's Money is not a cure-all for Africa's poor, Times High.Ed.Suppl. via NYU site[pdf])

Kenneth Rogoff:  America's
perpetual Christmas -- Has the United States transcended the laws of economics? Consumers are binging as if it were Christmas all year round,  Project Syndicate via Bangkok Post,  23 Jan 06

Heyrick Gunning:  How to do
business in Iraq -- A security consultancy head says despite the continuing violence, firms can thrive in Iraq as long as they pay attention to security & local values,  Global Agenda Magazine,  Jan '06

Free and fair trade:  Noam Chomsky sets out his vision of fair globalization in a conversation with M Ahmed,  Global Agenda Magazine,  Jan '06 [pdf]

Angling to be the
next Bangalore -- Pt. of special report on The future of outsourcing:  How it's transforming whole industries and changing the way we work,  by A Reinhardt & asssoc,  Business Week,  23-30 Jan 06

Swiss welcome three-stage
World Social Forum:  WSF will unfold for first time on three separate continents to create a 'polycentric' event - in Mali, Venezuela & Pakistan, organizers said,  Swissinfo, 23 Jan 06 (Link to: WSF in Mali and Venezuela)

Jorge Casta�eda: 
Mending fences south of the border -- Rarely over the past half-century has the chasm in perceptions been so wide, the resentments and mistrust so deep,  Washington Post (free registr. req'd),  21 Jan 06

Robert Shiller: 
Is Bernanke ready? -- Keynes once said monetary policy may work like a string. A central bank can pull but it cannot push,  Project Syndicate via Yemen Times,  19 Jan 05

Record capital flows
to emerging markets in '05, report says:  Investors pumped a record $358 billion into emerging markets,  Noticias.info (Spain),  19 Jan 06 (Link to: Inst Intl Finance--Statement, w/ link to report; & related statement)

Still livin'
on the edge: Livedoor's Takafumi Horie, dotcom challenger of Japan's corporate elite, may have taken a step too far,  The Economist,  19 Jan 06

Tokyo stocks rebound from IT scandal but bourse under fire,  Channel News Asia (Singapore),  19 Jan 06  (Link to:  Kyodo(Jap.)News)

WEF unveils program for its Davos annual meeting:  The overarching theme of the meeting, from Jan 25 to 29, is 'The Creative Imperative',  India Infoline News,  18 Jan 06 

Bird flu pledges total 1.9 billion dollars:  An intl donors' conference wrapped up w/ higher-than-expected amount secured in funding for global fight vs bird flu,  Ag. France Presse via Ch.NewsAsia(Sing.),  18 Jan 06 (Link to: World Bank--Backgrounder)

Tokyo Stock Exchange
halts trading as surge in orders overwhelms computers:  TSE halted trading for just 2nd time in its 56-year history after surge in orders overloaded computer systems,  by M Tsang,  Bloomberg News,  18 Jan 06

Some
Iraq rebuilding funds go untraced:  Investigators have yet to pursue US contracting money that may be missing,  by S Paltrow,  Wall Street Journal, 
17 Jan 06

Boardroom: 
Business prophet -- How strategy guru CK Prahalad is changing the way CEOs think,  by P Engardio,  Business Week,  16-23 Jan 06

Iraqi telecom chief seeks to build from scratch:  Cell phone network is top priority,  by A Mohammed,  Washington Post (free registr. req'd),  14 Jan 06

Parsing China's
trade surplus--Q&A with Nicholas Lardy:  How has it become so huge and how will it affect the yuan's value?  Here's one explanation,  by D Rocks,  Business Week,  13 Jan 06

Horizons:  Hal Varian--US companies show an edge in
putting information to work:  Europe has access to same info tech that US does. Why didn't those countries get same increase in productivity?,  NYTimes (via UC Berkeley site),  12 Jan 06

Sanctions
might not work on Iran in nuclear confrontation:  Iran is potentially vulnerable, but the use of economic sanctions to force it to change course risks backfiring on oil consumers,  by D Lynch,  USA Today,  12 Jan 06

Moises Naim:  The
most dangerous deficit -- Why the supply and demand for global public goods could kill you,  Foreign Policy,  Jan/Feb '06

Editorial: 
Danger time for America--The economy that Alan Greenspan is about to hand over is in a much less healthy state than is popularly assumed,  The Economist,  12 Jan 06

Robert Rotberg: 
Sowing Afghan security -- There is striking antidote to nation's worsening security. Increasingly, these Taliban-sponsored attacks are linked to opium & heroin trafficking,  Boston Globe (via Harvard site),  10 Jan 06

State room:  2006
Global Leadership 50 -- This 2nd annual ranking recognizes individuals whose actions & accomplishments had profound impact on natl, regl or internatl politics in '05,  Eurasia Group,  Jan '06 (w/ link to download in pdf)

2006 Q&A:  Will human pandemic risk of H5N1 bird flu decline? Will US or Israel attack Iran due to its nuclear program? Will Iraqi insurgency weaken as pol. process advances?,  Eurasia Group,  9 Jan 06 (w/ link to download in pdf)

Editorial: 
Globalization's deficit -- Fifteeen years ago it was fashionable to pronounce eclipse of nation-state. In a globalized world, power would flow to supranational bodies,  Washington Post (free registr. req'd),  9 Jan 06

Iraq war could cost US over $2 trillion, says Nobel prize-winning economist,  by J Wilson,  The Guardian via KurdishMedia (UK),  9 Jan 06 (Link to: Bilmes & Stiglitz paper--The economic costs of the Iraq War [via Columbia site, pdf])

Portfolio:  4thQ results -- How long a streak for
Latin America?:  LatAm funds have experienced three years of sizzling returns, but also much volatility,  by A Tarquinio,  NYTimes (free registr reqd),  8 Jan 06 (Link to:  Economist--World stockmarkets in '05 | Correction)

With promise of airport,
investment in Najaf takes off:  Profit potential brings private funds to Shiite holy city,  by J Finer,  Washington Post (free registr. req'd),  7 Jan 06

Israeli markets may rebound as economy weathers Sharon illness: Israeli stocks & currency will probably rebound as prospects for growth assuage investors' concerns about political transition, by D Rosenberg, Bloomberg News, 6 Jan 06

A long walk--Intro to a survey of
Saudi Arabia:  The kingdom seems a law unto itself - rich, unequal, uncompromising & unchanging. But, cautiously & almost imperceptibly, it is moving forward,  by M Rodenbeck,  Economist,  5 Jan 06

Mary O'Grady:  Wish they all could be
like Estonia--Democracy doesn't always produce prosperity. Consider the case of Chile,  Wall Street Journal,  4 Jan 06  (Link to:  Index of Economic Freedom 2006;  & Heritage's statement)

Gregory Mankiw: 
Repeat after me -- Since economic policy makers in Washington are often too busy for introspection, my gift to them is a to-do list of seven items for '06,  Wall Street Journal (via AEI site),  3 Jan 06

Kenneth Rogoff:  In best of times,
it�s wise to ponder worst -- What if Pharaoh had beheaded Joseph for daring to suggest higher taxes during fat harvest years so people would not starve during lean ones?,  FT (via Harvard site),  3 Jan 06  [pdf]

Thomas Dawson: 
IMF focus is to help nations grow even when aid promises fall short -- A reply (letter to the editor),  Financial Times (via IMF site),  3 Jan 06;  and

Jeffrey Sachs:  It is time for words to give way to
meaningful action -- During 'structural adjustment era' of past 25 years, IMF and World Bank have been handmaidens of US Treasury,  Fin.Times (via Columbia site),  27 Dec 05 [pdf]

US
growth may slow in '06 as market for housing cools:  Uptick in biz spending is expected to cushion blow to economy, forecasters say,  by R Morales & assoc, Wall Street J, 3 Jan 06 (incl link to: Econ forecasting survey of 56 econ.)

A dispute underscores the
new power of gas:  The dispute between Russia and Ukraine over natural gas has implications for fast-evolving internatl trade in natural gas,  by S Romero,  New York Times (free registr. req'd),  3 Jan 06

Editorial:  Reforming
foreign assistance -- The core problem in foreign aid is to strike a balance between legitimate oversight of how tax dollars are spent and counterproductive overregulation,  Washington Post (free registr reqd), 3 Jan 06

Nancy Birdsall:  Chad and
the oil curse -- Beating the 'curse' of natural riches:  When World Bank agreed to finance oil pipeline for Chad 4 years ago, it went in with eyes wide open,  Los Angeles Times (via Ctr Glob Dev site),  2 Jan 06

Ruchir Sharma:  Waiting for
that big 'pop'--Is the emerging-markets boom now a bubble, and is it ready to burst? For an important clue, take the temperature
of the US economy,  Newsweek,  2-9 Jan 06

Jeffrey Garten: 
Hot markets, solid ground -- Why emerging markets are a new force for stability in the world economy, not a new crisis-in-the-making, Newsweek,  2-9 Jan 06

Joseph Stiglitz:  Global
economic malaise in '06? -- Two economic surprises prolonged the good times in '05,  Project Syndicate via Daily Times (Pakistan),  1 Jan 06

Editorial:  Making
poverty history in '06--Our resolution for the new year is to keep track of how many of last year's promises turn into something more than words,  New York Times (free registr. req'd),  1 Jan 06

Horizons:  O Blanchard & F Giavazzi--The ECB on
the wrong path:  It is now clear European Central Bank views higher interest rates as right response to rising oil prices. Is there better way to respond to adverse shocks?,  Proj Synd (via MIT site),  Dec '05 [pdf]

Robert Shiller:  Seeing through
money illusion to end a scourge -- People suffer from serious perception error that has inhibited them from taking concrete steps vs inflation or deflation, Proj Synd via Taipei Times, 30 Dec 05(in this bilingual site, a 'language pack installation' sign may pop up-pls. select "cancel")

Uri Dadush:  Realizing
trade's benefits -- A reply (letter to the editor),  Washington Post (free registr. req'd),  29 Dec 05  [Link to:  Ctr Glob Devel--Controversy over WB trade & poverty estimates];  and

World Bank
reconsiders trade's benefits to poor:  In recent study, it says that potential benefits for world's poor of far-reaching trade deal 'are significantly lower' than previously thought,  by P Blustein,  Wash.Post (free registr. req'd),  17 Dec 05

Jeffrey Sachs:  Who beats
corruption? -- It undermines the quality of life for people around the world, not only in poor nations,  Project Syndicate via Daily Star (Lebanon),  27 Dec 05

IMF approves $685 million
loan for Iraq:  The loan gives nation critical endorsement of its economic performance,  by M Crutsinger,  Associated Press via Y!,  23 Dec 05  (Link to:  IMF statement, incl econ indicators)

S Haggard & M Noland:  A U-turn on reforms could starve
North Korea -- At stake is whether regime will turn back clock on reforms, strengthen pol. control & torpedo humanitarian aid effort,  IHTribune (via Inst Intl Ec site), 22 Dec 05

K Inderfurth & assoc:  The
tsunami report card -- All too often, world leaders rush to make aid pledges in aftermath of disasters, only to leave them unfulfilled as interest & attention wanes. A look at the numbers,  Foreign Policy,  Dec '05 (Link to: Tsunami recovery, one year after--UN special envoy & World Bank)

Editorial:  Wasted
trade summit -- The economic case for trade may be more broadly accepted than at any time in history, but political resentment of globalization is profound,  Washington Post (free registr. req'd),  21 Dec 05

Argentina, Brazil & IMF: 
Kirchner & Lula-different ways to give Fund kiss off: Whatever the economics involved, wriggling free from IMF's tutelage is always good politics, esp in LatAm,  Economist,  20 Dec 05  (Link to:  IMF statements on Argentina & Brazil)

State room:  Number of electoral
democracies reaches 122 as freedom spreads,  Agence France Presse via Breitbart,  20 Dec 05  (Link to:  Freedom House--Statement, w/ link to pts of report)

Wealth
from worship:  An economist finds that going to church is more than its own reward,  The Economist,  20 Dec 05

Orthodoxies
on trade worn down in marathon:  What made World Trade Org.'s agreement possible was weaving of series of deals - all night, in marathon talks,  by K Bradsher,  New York Times (free registr. req'd),  20 Dec 05

Muhammad Yunus --
Microcredit missionary:  The economics professor wasn't afraid to turn the rules of banking upside down, by J Gangemi,  Business Week, 19 Dec 05-2 Jan 06  (incl link to:  Can technology eliminate poverty?)

Coffee/tea break: 
Sexiest trade alive? -- A discipline, perhaps the geekiest of geek subjects, got a serious makeover this year, Newsweek's Periscope, 19 Dec 05-2 Jan 06

Rough numbers -- Q&A with Stanley Fischer:  Fmr no. 2 of IMF now has an even more complicated job: governor of Israel's central bank,  by D Ephron,  Newsweek's Intl Periscope,  19 Dec 05-2 Jan 06

Horizons:  What
the seers see--What 54 forecasters project for US economy in 2006, by J Mehring, Business Week, 19 Dec 05-2 Jan 06 (Link to: Slide show--
Signposts for US econ in '06;  &
10 worst econ predictions about '05)

Portfolio:  Emerging markets -- Beyond
the big four:  Egypt, Mexico, Poland, South Africa, South Korea, and Turkey are investor-friendly and boast strong growth, too,  by C Dawson,  Business Week,  19 Dec 05-2 Jan 06

The
Good Samaritans -- Persons of the year:  For being shrewd about doing good, for rewiring politics & re-engineering justice, for making mercy smarter & hope strategic and then daring the rest of us to follow,  Time,  18 Dec 05

Where business
is a pleasure:  The world's best and worst cities -- Economist Intelligence Unit has developed a 'business-trip index' for 127 cities worldwide,  by J Copestake,  The World in 2006 (Economist),  Dec '05

WTO negotiators
reach agreement:  A last-minute deal was cut on ending farm export subsidies & other trade barriers, claiming modest progress toward goal of forging global trade pact by late '06,  AP via Noticias.info (Spain),  18 Dec 05 (Link to:  WTO HK conference)

Mohsin Khan:  What is happening to the
petrodollars? -- How should the oil money be spent? The lessons learned from the 1970s are important, Gulf News (United Arab Emirates),  27 Nov 05  [posted by IMF Dec 16th]

Philip Bowring: 
An Asian Union? Not yet -- The inaugural East Asia Summit in Kuala Lumpur can be seen as a significant setback for Chinese diplomacy,  Intl Herald Trib, 16 Dec 05 (Related link: East Asia Study Group's final report, Nov '02[pdf])

Nook & cranny: 
Post-scarcity prophet--Q&A w/ Paul Romer: As Robert Solow told Wired in '96, 'Paul single-handedly turned study of economic growth into a hot subject,'  by R Bailey,  Reason Magazine,  Dec '01


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