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R Portman & S Schwab: 
Free trade vision -- A seamless transition in leadership at Office of Trade Rep underscores US commitment to Doha Round's success,  Wall Street J (via USTR site),  1 May 06

Is Doha a
t death's door?: Q&A with EU Trade Commissioner Peter Mandelson--Last week France suggested it might be better to delay WTO agreement than sign one that has too many concessions,  by S McGuire,  Newsweek,  1-8 May 06

John Kenneth
Galbraith, 97, dies; Economist held a mirror to society, by H Noble & assoc,  NYT (free registr. req'd), 30 Apr 06 (Link to: His preface to The Essential Galbraith; views from his son James | William Buckley | Robert Skidelsky; & his univ's obit.)

Martin Feldstein: 
The dollar at home - and abroad -- For more than a decade, Washington has emphasized that 'a strong dollar is good for US'. It's time to change the message,  Wall St J (via Harvard site),
28 Apr 06


Daniel Gros & assoc:  A world out of balance?--A non-tech intro: 'Wash.consensus' blames China for saving too much, 'European con-sensus' blames US fiscal deficit, & 'Asian consensus' blames US for spending too much,  Ctr for Europ. Policy Studies,  Apr '06 [pdf]

A new approach to Africa -- Drought insurance for the Third World: Under new plan, insurance policies-not donations-would help starving people. But will it work?,  by B Balzli & assoc,  Der Spiegel (Ger.),  27 Apr 06

India tops annual list of most attractive countries for internatl retail expansion, as increasingly saturated Chinese market continues to decline, A T Kearney, 26 Apr 06  (Link to: Report--Emerging market priorities for global retailers)

China may
widen yuan band when 'suitable', says state economist:  A US Treas. report is due that may name China currency manipulator,  Bloomberg, 26 Apr 06 (Related link: R McKinnon--China's exchange rate trap: Japan redux? [via Stanford site, pdf])

Rick Reilly: 
Nothing but nets -- We need nets. Not hoop nets, soccer nets or lacrosse nets. Not New Jersey Nets or dot-nets or clarinets,  Sports Illustrated,  25 Apr 06 [Link info courtesy of WB's priv sect dev blog]; and

Kenneth Arrow: 
No time to waste in fight vs malaria -- It's one of world's greatest threats to life & health. Each year, it kills more than 1m people, mainly children in sub-Saharan Africa,  FT (via Stanford site), 6 Jan 05 (Link to: US pres announces Medal of Sci winners--Natl Sci F | Stanford)

Robert Shiller: 
The global home--Homes are most local of invest-ments, rooted to a particular place like a tree,  Proj Synd via Taipei Times,  25 Apr 06 (in this bilingual site, a 'language pack installation' sign may pop up-pls. select "cancel")

Ruchir Sharma:  Where
big is beautiful -- Asia's overlooked market:  Investors used to favor small, flexible markets. But their tastes are shifting to major blockbusters incl, possibly Indonesia,  Newsweek,  24 Apr-1 May 06

Once margina
l, but now kings of the oil world:  In a world where every single barrel counts, global oil market cannot afford loss of exports from even smallest producer,  by J Mouawad,  New York Times (free registr. req'd),  23 Apr 06

World Bank's internal examination urges
disaster readiness:  A new report calls for new thinking that integrates predictable disaster risks into devel. programs, by D Brown,  Washington Post (free registr reqd), 22 Apr 06 (Link to:  Indep. Eval. Grp--Evaluation of WB assistance for natural disasters)

John Snow: 
Don't blame just us--Too many discussions have labeled America sole cause of, & solution to, challenge of global imbalances. This narrow view ignores two impt. points, Wash.Post (free registr reqd),  21 Apr 06

World on track to halve poverty rate by 2015 but Africa lags well behind, says report, FinFacts(Ireland), 20 Apr 06 (Link to: 3rd annual Global Monitoring Report on Millennium Devl. Goals)

Reshaping the IMF --
Not even a cat to rescue:  The International Monetary Fund contemplates its future,  The Economist,  20 Apr 06  (Related link:  Indep.Eval.Ofc--Evaluation of the IMF's monitoring of world's monetary system)

Mideast airline
s soar onto global stage:  Persian Gulf-based carriers are growing at an unprecedented rate. Experts say it's due to their strategic location & low cost base,  by C Matlack,  Business Week,  19 Apr 06

World econom
y 'set to accelerate':  The world economy is expected to accelerate in '06, despite setbacks caused by recent natural disasters & fears over surging price of oil,  BBC News,  19 Apr 06  (Link to:  IMF's latest twice-yearly World Econ Outlook)

Hopes for trade talks dim after
personnel switch:  By switching his chief trade negotiator, Bush sends gloomy signal about prospects for achieving significant gains in world trade talks, by P Blustein, Wash. Post (free registr reqd), 19 Apr 06

Iceland's fizz
y economy faces a test:  It could remind investors things can turn around in nations with a big current account deficit, a hot housing market & an overvalued currency,  by H Timmons,  NYT (free registr reqd),  18 Apr 06; or

Hot money
leaving a cold climate could signal the big freeze:  Events in & around Icelandic economy, culminating in recent further interest rate rise from its central bank, may be first sign of problems in global fin mkts,  The Guardian,  3 Apr 06

'Unbridled capitalism will lead to very real problems'--Q&A w/ Kenneth Rogoff: He discusses greed of corporate CEOs & funda-mental problem w/ US econ, by F Hornig,  Der Spiegel (Germany),  17 Apr 06

Largest
US pension fund adds Indonesia to investment list:  Calif. Public Empl. Ret.Sys's board adds it to list of 19 other permissible emerging mkts, Sacramento Biz J,  17 Apr 06  (Link to:  Calpers--Statement | Consultants report exec sum & full text [pdf])

Fred Bergsten:  Trade-
-Clash of the titans: China's refusal to revalue its currency is pushing the two countries toward conflict,  Newsweek, 17-24 Apr 06

Global outbreak:  Track the spread & impact of bird flu country-by-country in an interactive map,  Wall Street Journal (updated)
[adapted link]

Crash course:  Info on pandemic flu and avian influenza -- From
World Health Org.; IMF; World Bank; Global Biz Network; and US Govt

Kenneth Rogoff:  A
time to build infrastructure--Any good intl banker knows end of April is bad time to come peddling his services,  Project Syndicate via Rzeczpospolita (Poland),  14 Apr 06

Joseph Stiglitz: 
China drafts economic road map--Market economies cannott simply be left on autopilot, esp if one wants to ensure their benefits are shared widely, Proj Synd via Guardian (UK), 13 Apr 06

Illegal immigrant
s and the US economy:  Undocumented workers reduce wages of low-income workers; but how much?,  by T Annett, Wall Street J, 13 Apr 06  (incl link to: Economic forecasting survey of more than 50 econ.)

High oil price
s widen global imbalances, says IMF:  The impact of higher oil prices on global imbalances would likely linger longer than previous oil shocks, Ag. France Press via The Standard (HongKong), 13 Apr 06

The
return of populism:  A much-touted move to left masks some-thing more complex-rebirth of influential Latin Amer. pol. tradition,  The Economist,  12 Apr 06  (Related link:  WSJ graphic--Leaning left [adapted link])

Human resource firm reveals
best cities to live in:  Zurich ranks as world's top city for quality of living,  Consultant News,  12 Apr 06  (Link to: Mercer HR-Statement, w/ link to top 50 cities; & Economist graphic--Emerging mkts' cities)

World Bank strategy
targets corruption:  Plan aims to clean up bribe-taking countries,  by P Blustein,  Washington Post (free registr reqd),  12 Apr 06

Ian Bremmer:  Playing
the oil card -- Washington & Tehran don't agree on much these days, but they do agree on one thing: Oil is the ultimate weapon,  Fortune, 11 Apr 06

IMF sees risk
s to world economy on the horizon:  Rising interest rates & household debt, bird flu & high oil prices are some of threats, Agence France Presse via Kuwait Times, 11 Apr 06 (Link to: Global Financial Stability Report Apr '06)

Singapore'
s twin threat:  The city-state is looking to spur growth and reduce its dependency on cyclical industries like electronics and manufacturing,  by C Delfeld,  Forbes,  10-24 Apr 06

Ministers predic
t hot world economic growth:  At talks involving 25 EU & 13 Asian (Japan, China & S Korea plus 10 Assn SEAsian) nations, fin mins predict another bumper year despite high oil prices,  Reuters, 10 Apr 06 (Link to:  ADB-Asian Devel. Outlook '06)

Austan Goolsbee: 
Why tell the IRS what it already knows?--Try not filling out the 'wages' line on your tax return next year and see what happens,  New York Times (via U Chicago site, pdf),  7 Apr 06

A
clearer accounting of illegal immigration costs is needed:  Q&A on some crucial issues involved in debate, & its costs & benefits in most affected areas along US-Mex border, by R McNatt & assoc, Standard & Poor's, 6 Apr 06 [Link info courtesy of Coun. For. Relations]

Lawrence Lindsey: 
Yuan compromise?--Behind the currency issue, each nation has a strongly felt principle, and compromise on it will not be easy to achieve, Wall St J(via AEI site), 6 Apr 06(Link to: Graphic --Power plays:  US-China tensions [adapted link])

Myths an
d migration:  Do immigrants really hurt American workers' wages?,  The Economist,  6 Apr 06  (incl links to the papers in pdf of G Borjas & L Katz, D Card, and G Ottaviano & G Peri)

Coffee/tea break:  Hal Varian-
-Beauty and the fattened wallet: It seems attractive men & women are paid more than ordinary people for same work. But is beauty a two-edged sword?,  NYT(via UC Berkeley site)),  6 Apr 06

Editorial:  Immigration
and wages -- Low pay does not justify a high wall,  Washington Post (free registr. req'd),  6 Apr 06  (Related link: World Bank--Making migration work for development, w/ link to intl conference in Belgium)

Jeffrey Sachs: 
Populism in Latin America is democracy in action -- The short-term outlook is uncertain. But in the longer run, it's right to bet on econ benefits of democratization,  Proj Synd via The Nation (Thai),  5 Apr 06

Denmark is
best location in world to do business, says Economist Intell. Unit:  Finland, Canada, Singapore & Netherlands follow, while US is ranked 8th, Finfacts (Ireland), 5 Apr 06 (Link to:  Economist--Biz environ. graphic)

Thai leader bows ou
t, market applauds:  Under pressure for his strongarm tactics, PM Thaksin resigned, but some economic changes may remain,  by F Balfour,  Business Week,  5 Apr 06

Latin America investment climate uncertain:  Pres. elections in 7 nations this year make intl bankers jittery, AP via El Diario (Mexico), 4 Apr 06 (Link to: Reg'l overview--Inst Intl Fin[pdf]; Inter-Amer Dev Bk; IMF & briefing; World Bank; & World Econ Forum)

Portfolio:  Leading fund manager says
emerging market bond rally in jeopardy-- El-Erian, who runs Harvard's endowment, says emerging-market debt will have difficulty continuing to rally,  Bloomberg News, 3 Apr 06

Emerging market stock
s post meager gains in March:  Emerging mkt equities eke out profits in March, even as investor concerns over US interest rate environment rattle asset class, Dow Jones Newswires via Y!,  3 Apr 06

Buy a ru
g, educate a girl:  A former invest. bank exec interweaves business and charity to save women of Afghanistan,  by T Serafin,  Forbes,  3-17 Apr 06

Coffee/tea break: 
7 most endangered wonders of the world -- The world's treasures are under siege as never before. So get out & see as many as possible - before they disappear,  Newsweek,  3-17 Apr 06

Editorial: 
The case for economic growth--A rising tide?:  It may not lift all boats as it used to, but it's still essential,  Washington Post (free registr reqd), 2 Apr 06 (Related link: IMF Book Forum-The Moral Consequences of Economic Growth)

S Dubner & S Levitt:  Filling in
the tax gap -- For all the civic duty floating around, it would seem that most compliance is determined by good old-fashioned incentives,  NYTimes (free registr reqd),  2 Apr 06 (Link to: Freakonomics site)

Robert Shiller:  Whatever happened to
wage insurance?--A lot of public attention & worry nowadays surrounds new risks globalization & info tech create for our wages & livelihoods,  Project Syndicate via Financial Express (India),  1 Apr 06

Investors still flocking to
emerging markets, says Inst Intl Fin:  Lead-ing bankers caution about mounting risks,  Bloomberg,  31 Mar 06  (Link to:  IIF statement, w/ link to 'Update on capital flows to emerg-ing mkts')

C Hufbauer & J Schott:  Can
sanctions stop the Iranian bomb? -- In some ways, sanctions against Iran would echo the Iraq episode, but in other ways differences would be sharp,  Inst Intl Economics, Mar '06

US, China, India will be half of economic
growth by 2020, says Econ Intell Unit: They will drive growth, w/Brazil, Russia trailing,  Silicon Valley Biz Journal,  30 Mar 06  (Link to:  EIU statement, w/ link to Foresight 2020)

S Devarajan & H Kharas:  Making poverty history
in Asia by 2015 -- Asia is a puzzle. The region is enjoying rapid econ growth. Yet some 600m Asians-more than entire pop. of LatAm-live on less than dollar a day,  Jakarta Post (via WB site),  Mar '06

The white peri
l:  China is starting to worry about the size and impact of the foreign investment it has so assiduously courted,  Economist,  30 Mar 06

World Bank raises
Asian GDP forecasts, cites exports:  In latest twice-yearly report on region, it raised its '06 forecasts as demand for technology exports accelerates,  Bloomberg News,  30 Mar 06  (Link to:  WB--East Asia Update)

Jagdish Bhagwati: 
El Norte--The last statute addressing illegal immig. in '86 used amnesty to eliminate 'stocks' of illegals and enhanced enforcement to eliminate 'flow'. But neither worked. Why?, Wall St J (via AEI site),  28 Mar 06

Severin Borenstein:  Competition in US
oil & gas industry-UC Energy Inst dir. says while oil cos. are just lucky beneficiaries of tight world mkt, market power in refining is becoming serious concern,  US Sen. Judiciary Cmte testimony (via Berkeley site,pdf), 14 Mar 06 (Link to: SacBee--What's wrong w/ regulating gas prices?)

Nook & cranny: 
India rivals US as foreign invest.growth accelerates, by T Bawden,  Times of London,  9 Dec 05 (Link to: A T Kearney's "Foreign Direct Invest. Confidence Index '05"-- Exec sum | Full text)


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