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Third thoughts on
foreign capital:  If it doesn't kill you, financial globalization will make you stronger,  Economist,  16 Nov 06;  and

From our archive: 
How can poor nations get rich?--Q&A w/ Frederic Mishkin: Without financial globalization, poor nations can't reach next stage of development,  Columbia Ideas at Work, 27 June 06  (Link to: Princeton U Pr--The Next Great Globalization [2006])

D Cohen & O Causa: 
The Ladder of Competitiveness--How to climb it:  League tables give easily comparable ranking, but they leave no. of questions unanswered,  OECD,  14 Nov 06  (Link to:  Working paper ver. | 'Browse-it' ver. via Korea Dev Inst [scroll])

Carl Delfeld: 
Two surprising markets--The best time to score large gains is when investors are not showing the slightest interest in them, Forbes,  13-27 Nov 06 (Related:  WB--East Asia Half-yearly Update)

Foreign
direct investment Web sites launched:  The WB launched two sites designed to make it easier for investors-& developing nations-to get the most out of investment opportunities,  World Bank,  7 Nov 06

China and India:  Drawing lessons from what works [pdf],  IMF Survey,  30 Oct 06  (Link to:  IMF--Learning from Each Other, and India Goes Global; and WB--Dancing with Giants [due Jan '07])

Jeffrey Sachs:  On economic
development -- Too many people around the world assume that the problems of extreme poverty are too big and complex to solve,  Principal Voices,  24 Oct 06

                             
Posted: 13-17 Nov 06

Finance chiefs from
20 countries gather for talks, amid security vs protesters: The annual meet brings G7 nations & EU together with 11 large emerging markets, AP (via Mainichi Daily), 17 Nov 06 (Link to: G20 site)

Milton Friedman, noted economist and Nobel laureate, dies at 94,  Hoover Inst,  16 Nov 06  (Related:  Nobel autobio | Google BookS--Memoirs and Monetary history | WSJ--Podcasts and transcript)

Hal Varian: 
Beyond insurance--Weighing benefits of driving vs total costs of driving: The payoff for driving less should have an immediate and concrete effect,  New York Times (via UC Berkeley),  16 Nov 06

Election alters
trade climate:  Democrats eye environmental, labor clauses,  by P Goodman,  Washington Post (free registr reqd),
14 Nov 06

Jeffrey Garten: 
Beware the road shows--As importance of emerging markets grows for intl trade and investment, no. of comml-diplomatic forays into them seems likely to rise,  Newsweek,  13-20 Nov 06

Editorial:  Truth about the
trade deficit--With the deficit reaching new highs and Democrats now able to wield real power, it is crucial that each side back off its constituent-pleasing myths,  NYT (free registr reqd), 13 Nov 06

Jagdish Bhagwati: 
Why Asia must opt for open regionalism on trade--The main question its leaders must confront is their response to stale-
mate in Doha trade talks,  FT (via CFR site),  3 Nov 06; 
and

From our archive: Fred Bergsten--
Plan B for world trade-Go regional: The best candidate for this is for Asia-Pacific Economic Cooperation leaders to launch a free trade area, Fin.Times (via IIE site), 16 Aug 06 (Link to: A new strategy for APEC [pdf])

G Hubbard & J Thornton:  Is the US
losing ground? -- US's capital markets have been an enviable model. But their efficiency & competi-
tiveness cannot be taken for granted,  Wall Street J (via AEI site), 
30 Oct 06

'No question' Ivy League univ founded by money from slave trade, says panel:  'We cannot change the past, but an institution can hold it-
self accountable,' Associated Press(via DiversityInc), 18 Oct 06 (Link to: Brown
U pres. & full report | Yale Daily | Dartmouth)

Book value: Dani Rodrik--
Review of Robert Tignor's W Arthur Lewis and the Birth of Development Economics (2005):  Lewis was one of  founding fathers of sub-discipline of dev.econ,  J Blacks in Higher Ed (via Harvard site), Jan '06 (Link to: Nobel autobio)

Marcus Noland: 
A nuclear North Korea--Where do we go from here? History suggests that abandonment of an advanced nuclear weapons program is usually preceded by int. regime change, Straits Times/Sing-apore (via IIE site), 11 Oct 06

Big changes in the World
University Rankings 2006/7:  Half of top 50 univs worldwide are in N America, w/ ten European univs in top 40,  Times Higher Education Suppl (via QS site),  5 Oct 06  (Link to: Top 500 univs, FAQ & methodology)

Jean-Paul Fitoussi: The environment of the economy--The most inter-
esting econ questions are generally located on borderline w/ neighbor-
ing disciplines, 
Le Monde (English: Manila Times), 27 Sep 06

                             
Posted: 6-10 Nov 06

Relief suffuses
world views of US vote:  Most welcome return of bipartisan government; Russia, China express caution, by M Moore & assoc,  Washington Post (free registr reqd),  10 Nov 06

"The right to be left alone--the most comprehensive of rights, and the right most valued by a free people." Privacy rights are enshrined in the Constitution for a reason, 
Electronic Privacy Information Center and Electronic Frontier Foundation

Water, sanitation and poverty--Clean water is a right: But it also needs to have a price,  Economist,  9 Nov 06  (Link to:  UNDP Human Development Report 2006;  and HD Index [pdf])

What the elections mean for business:  US House Democrats may compromise on immigration, but energy, drug, and defense cos. can expect hearings,  Business Week,  8 Nov 06  (Link to: Graphic--Open for business)

Paying taxes--The global picture [pdf]:  Tax systems in Mideast and E Asian nations have lowest compliance costs, says new report,  Price-
waterhouse
Coopers/World Bank,  7 Nov 06 (w/ link to report)

60 years of heroes --
Asia and Europe:  They've battled tyrants and conquered their own fears, scaled mountains and reached peaks of perfection,  Time,  6-13 Nov 06

Meghnad Desai: 
The sage -- Amartya Sen:  A philosopher and economist who preaches tolerance to a divided world - 'We are either all free, or none of us are',  Time,  6-13 Nov 06

Al Gore: 
The time to act is now -- The climate crisis and the need for leadership:  Scientists around the world are sounding a clear & urgent warning - global warming is real,  Salon (via Al Gore '08 site),  4 Nov 06 (Link to: An Inconvenient Truth);  and

Fred Singer: The
Revelle-Gore story [pdf]--This is a personal account linking efforts to suppress scientific publication about climate science/ policy by then Sen (later VP) Al Gore & his staff, Politicizing Science, Jun '03 (Related: WSJ--Climate of fear)

Ernesto Zedillo:  Try
diplomacy, not war--It's one of biggest threats to world peace, which can only be dissipated w/ an intl initiative aimed at achieving a realistic solution to the conflict, Forbes, 30 Oct-13 Nov 06
(Link to: ICG/CM--
Global leaders call for action)

Hans-Werner Sinn: 
Scandinavia's accounting trick -- While most rich nations face difficulties in coping w/ competition from low-wage ones, Scandinavia seems to have managed quite well,  Proj Synd via Nation (Thai.), 28 Oct 06;  and

From our archive:  Jeffrey Sachs -- The
social welfare state, beyond ideology--Are higher taxes & strong social 'safety nets' antagonistic to a prosperous market economy? The evidence is now in,  Sci. Amer.,  Nov '06

Vietnam's roaring economy is set for world stage:  On Nov 7, the intl community will officially recognize nation as WTO member,& in mid-Nov Asia-Pacific Economic Cooperation summit will be held there, by K Bradsher, NYT (free registr reqd), 25 Oct 06

Boardroom:  Shane Greenstein--
Explorers and expanders, both early and late--One must live through a period of exploration and expansion to understand why things turn out the way they do,  IEEE Micro (Inst Electr & Electro Engr)[via Northwestern site, pdf], Aug '05

                             
Posted: 30 Oct-3 Nov 06

Climate change --
It may be hot in Washington too:  A big British report on global warming is really directed at the United States,  Economist,  2 Nov 06

Editorial:  Climate
non-conformity -- Saving lives vs saving planet Earth,  Wall Street Journal,  2 Nov 06  (Link to:  Copenhagen Consensus--UN diplomats meeting [pdf]; and Web site)

A Note to Our Valued Guests:  'Anecdotal evidence suggests that some individuals and corporations are using intellectual property and other laws to silence other online users,'  Chilling Effects,  2 Nov 06

Robert Shiller:  Up and down
the ladder of national wealth--Watching countries progress is like watching a marathon,  Project Syndicate via Taipei Times,  31 Oct 06  (Link to: Penn World Table, ver. 6.2)

Tony Blair:  The Stern Report on costs of
climate change--Today the govt will publish most important report on the future, which should be seen across the globe as final word on why world must act now,  The Sun, 30 Oct 06 (Link to: Stern Report);  and

Richard Lindzen: 
Don't believe the hype--The most famous of global warming denialists says Al Gore is wrong. There's no 'consensus' on global warming,  Wall Street Journal,  2 Jul 06

A Nobel for
honest politicians:  A Cairo-born mobile phone magnate funds a new prize to honor African leaders who stand out in a contin-
ent sapped by corruption,  by J McAllister,  Time,  25 Oct 06

Steven Pearlstein:  A
free-trade zone for ideas--For those who suspect a secret cabal of corp.executives, financiers & econ.policymakers runs world, IIE will give you plenty to fantasize about,  Wash.Post (free registr reqd), 20 Oct 06 (Link to: Peterson Inst [pdf]);  and

Robert Scott: 
Broken promises -- NAFTA cost US jobs and reduced wages:  NAFTA-like trade deals with other nations (Peru and Korea) could have a similar impact on domestic jobs,  Economic (Policy Inst) Snapshots,  4 Oct 06

                             
Posted: 23-27 Oct 06

2006
Globalization Index: It's a small world, & globalization is making it smaller, even in face of conflict & chaos. For 6th year, we sort out winners & losers,  Foreign Policy/AT Kearney, Nov-Dec '06 (Link to: The report)

Robert Frank: 
Prospering may not make people happier, but it may make them healthier--Does money buy happiness? A rapidly growing literature appears to suggest a negative answer,  NYTimes (free registr reqd), 26 Oct 06

Newsroom: 
Is a free media essential for development?--Media's role in promoting good governance is increasingly being recognized by donor nations,  BBC News, 25 Oct 06 (Link to:  World Congress on Comm for Dev--Media info [pdf] & WB info)

World Bank finds most
invest. promotion agencies fail to respond: Over 80 pct of agencies assigned to attract foreign direct investment in poor nations failed to reply or gave incomplete data,  Reuters,  24 Oct 06 (Link to: Providing Info to Investors--Performance Review)

Go East, young man:  Entrepreneurship is thriving from Baltic to the Balkans, creating many of Europe's growth champions,  by C Matlack & asssoc,  Business Week,  23-30 Oct 06

Medical Meccas -- Why patients are flocking overseas:  Hospitals around the world are drawing new patients with topnotch doctors, high-tech equipment & low costs, by J Cochrane,  Newsweek,  23-30 Oct 06

Graphic--Asia's
science revolution:  A potent brew of talent, ambition & serious money are making the region a leader in innovation,  Time,  23 Oct 06 (w/ link to special report)

Gustav Ranis: 
Walk before you can run (letter to editor)--One should not conclude that it makes sense for developing nations to jump 'from agriculture straight to high-tech industries',  Economist,  19 Oct 06

The
Panama Canal--The voters and the ships:  Easing a bottleneck of world trade depends on persuading Panamanians that arithmetic of an ambitious canal expansion adds up,  Economist,  19 Oct 06

Coffee/tea break: Bono, Oprah promote new products
for Aids fund--The 2 hit downtown Chicago for shopping spree to promote products that will raise money for Africa,  Zee News (India),  18 Oct 06  (Link to: Red site)

Can you
spell commodity?:  While commodities swoon, the man who called raw materials rise years ago is upping his bets. One economist thinks that's nuts,  Forbes,  16-30 Oct 06

Kevin Hassett: 
Economy may bring more bad luck for Republicans--If you play sports long enough, every now and then you wind up in a game where every break goes against you,  Bloomberg,  9 Oct 06

Sebastian Mallaby:
Migrating to modernity--Almost all rich nations are arguing about border enforcement & so on, but nobody relates this stuff to arguments about development, Wash.Post (free registr reqd),  18 Sep 06 (Link to: CGDev--Temp. workers)

Ralf Dahrendorf: 
9/11 and the new authoritarianism -- '9/11' is no longer a mere date; it has become the catchphrase, almost like 'August 1914',  Project Syndicate via Financial Express (India),  16 Sep 06

From our archive: 
The new titans:  China, India & other developing countries are set to give world economy its biggest boost in history. What will that mean for today's rich nations?, by P Woodall,  Econo-
mist, 14 Sep 06 (Link to:
Full text of survey)

South-South trade--Vital for development:  If developing nations want to reap maximum gains from trade,they need to open up their markets & boost trade among themselves,  OECD Policy Brief [pdf],  Aug '06 (posted by OECD 12 Sep)

                             
Posted: 16-20 Oct 06

Jeffrey Sachs:  The
social welfare state, beyond ideology--Are higher taxes & strong social 'safety nets' antagonistic to a prosperous market economy? The evidence is now in,  Scientific American,  Nov '06

Hal Varian: Why old media & Tom Cruise should worry about
cheap-
er technology
--It's true there's only 1 Tom Cruise, but it's equally true there are only 24 hours in a day,  NYT (via UC Berkeley),  19 Oct 06

Madonna: 
An open letter--After learning there were over a million or-
phans in Malawi, it was my wish to open up our home & help a child, Madonna.com, 17 Oct 06  (Related:  Malawi--
UN ReliefWeb | U Na-mibia | The Nation News)

Emerging markets challenge West in global
investment surge, says Unctad:  Global foreign direct invest. rose by 29 pct in '05 to $916 bil. as investors from emerging markets burst onto the scene,  Ag.France-Presse(via Ch.NewsAsia/Singap.), 17 Oct 06 (Link to: World Invest. Report)

Microcredit as business--Q&A with David Roodman:  Yunus's real genius is not the discovery that poor are 'bankable',  Center for Global Development, 16 Oct 06 (Related: MIT talk by Yunus & article on it)

Mouse & wo/man: 
Web numbers--What's real?:  Competing methods of measuring traffic online leave advertisers, investors and even Net companies almost flying blind,  Business Week,  16-23 Oct 06

Jeffrey Garten:  The
other oil threat--In addition to West's continuing oil dependence, a new threat is emerging from OPEC's other reserves, Newsweek, 16-23 Oct 06 (Related:  IMF Mideast/Cen.Asia Economic Outlook's t-o-contents)

                           
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