Home > You are at: News/Analysis, Page 3 ('07) | Previous | Next Posted: 15-19 Oct 07 The '87 crash--20 years later (slideshow): There are various theories about what caused Black Monday, when Dow Jones industrial aver- age tumbled 508 points,or 23%, on 19 Oct 87, Business Week, 19 Oct 07 (Special report) China stocks slump on arbitrage plan; Hong Kong shares gain: HK's index breaches 30,000 for first time while China's stocks slide on con- cern arbitrage plan being studied by regulators will lure funds from its exchanges to HK, Bloomberg, 18 Oct 07(China studies arbitrage plan) IMF forecasts slower world growth in '08: World growth to slow next year but will remain solid, with US expected to remain weak. Major emerging markets have taken over as leading contributors to global growth, IMF Survey, 17 Oct 07 (World Economic Outlook) Widespread growth of foreign direct investment reported for '06: Global FDI inflows rise by 38% over previous year.US is leading host nation, followed by UK & France. The largest inflows to developing nations are to China, HK, Singapore, and Russia, Unctad, 16 Oct 07 (World Investment Report) Nobel Prize in Economics--Leonid Hurwicz, Eric Maskin and Roger Myerson: 'For having laid foundations of mechanism design theory' for design of economic institutions--The theory has helped economists identify efficient trading mechanisms, regulation schemes and voting procedures, 15 Oct 07 Robert Shiller: Sniffles that precede a recession -- A recession has much the same pattern as flu - starting with vague feelings of malaise and quickly building in misery until patient's activities are curtailed, NYT (free registr reqd), 14 Oct 07 'We're doing our own thing': India's commerce minister Kamal Nath talks about growth, competition & outsourcing, Newsweek, 14 Oct 07 The Caspian's division: The eyes of Western energy cos are focused on discussion of division of Caspian waters among 5 littoral states of Azerbaijan, Russia, Iran, Kazakhstan & Turkmenistan, United Press Intl, 11 Oct 07 (Deutsche Presse-Agentur--Summit's final declaration) The heat and light in global warming: While High Court ruling agrees An Inconvenient Truth is mainly based on consensus science,the judg- ment will be trumpeted more for finding it studded with green 'errors', BBC News, 11 Oct 07 (Lond Times--Judgment | Nobel Peace Prize) Commitment to development index--US ranks last on environment: The annual index ranks 21 industrialized nations on how well their policies & actions support poor nations. The environment is one of 7 policy areas, Center for Global Development, 10 Oct 07 Kenneth Rogoff: High noon at the IMF--For the past years, finance mins & cenbank heads have had luxury of using IMF meetings to con- gratulate themselves on global growth, regardless of how much they actually contributed to it, Proj Synd (courtesy Korea Times), 9 Oct 07 David Steinberg: Myanmar and loss of legitimacy--The tragic recent events, whose true magnitude remains unknown, are one more indica- tion to intl community of junta's illegitimacy.This position, however, is far more complex when internally viewed, Ctr Strat Intl Studies, 4 Oct 07 [pdf] (Books in 2001| 2006) Barry Desker: ASEAN-Time to suspend Myanmar: 'Its ministers rec-ognize that what junta has done is unacceptable. They should now go further. The summit next month in Sing. should agree that Myanmar be suspended from privilege of membership,' Nanyang Tech U/Sing., 4 Oct 07 [pdf] Drive to help nations recover looted assets: The World Bank and UN launch broad new effort to help developing nations recover billions of dollars of looted funds, World Bank, 17 Sep 07 (Stolen funds de- posited in Swiss banks returned to Nigeria) Posted: 8-12 Oct 07 Laura Bush: Stop the terror in Burma--"The generals' reign of fear has subdued protests - for now. But while streets of Burma may be eerily quiet, the hearts of Burmese people are not: 2007 is not 1988," Wall Street Journal, 10 Oct 07 (WH--UN Sec-Gen thanks Mrs Bush) Learning how to cope with capital inflows: These inflows are a mixed blessing. While they provide opportunities for long-term growth, they also present policymakers with macroecon challenges, IMF Survey, 10 Oct 07 (World Economic Outlook--Intro) Jeffrey Sachs: The Forbes One Billion -- The magazine's ranking of superrich is a valuable and entertaining public service. But it's missing something. We need one for the other end of the scale, 8 Oct 07 The new power brokers: Four actors - petrodollar investors, Asian central banks, hedge funds, & private equity - are playing an increas- ingly important role in world financial markets, McKinsey, Oct '07 (w/ link to slideshow) Costa Rica 'supports' US trade deal: Partial results indicate that with 73% of votes counted,just over 50% of voters said 'yes' to pact, while 47.5% said 'no',says electoral tribunal, Al Jazeera Engl., 8 Oct 07; and E Farnsworth & G Hufbauer: Bullying Latin America -- An updated version of Teddy Roosevelt's credo is back in LatAm, and it's not a pretty sight, Baltimore Sun (courtesy Peterson Inst), 2 Aug 07 Stephen Moore: Clear-eyed optimists -- The world is getting better, though no one likes to hear it, Wall Street Journal, 5 Oct 07 (UN--2007 State of the Future, w/ exec sum) Expansion of FDI flows through '09 anticipated by multinational cos.: Foreign direct invest. flows are expected to increase in next 3 years, despite concerns about fin. instability and protectionism, UNCTAD, 4 Oct 07 (w/ link to: World Investment Prospects Survey '07-'09) Thant Myint-U: Mission impossible in Burma?--Unless intl commu- nity decides whether it backs regime change or policy of engagement, diplomacy can do little, Guardian/UK, 1 Oct 07(Lond Rev Bks--What to do about Burma | UN--Sec Council deplores; Envoy's next mission) Bertil Lintner: Nothing changes while the army keeps killing--As the defiant displays of opposition on Burma's streets splutter out, where does pro-democracy movement go from here?, Daily Telegraph/UK, 1 Oct 07 Joseph Stiglitz: The Malaysian miracle--Among developing economies, it is in top tier. But there were many reasons not to have expected it to be a success, Proj Syndicate (courtesy Sunday Times/Sri Lanka), 16 Sep 07 (IMF--Islamic finance hub | Islamic banking) Boutique shopping: Switzerland has done well in its specialties, but it is now facing competition from places such as Singapore, Economist, 13 Sep 07 (Swissinfo--To regain lost ground | Fin. center master plan) F Bonaglia & A Goldstein: More than T-shirts--It is difficult to think of a product,even a sophisticated one such as an aircraft or Formula 1 car,that does not have some components made in a developing nation, OECD, May '07 [pdf] Posted: 1-5 Oct 07 Post-crackdown, some wonder: isolate or engage Myanmar?--The use of force to quash peaceful protests highlights a perennial debate over how foreign govts & cos. should deal with a nation that tramples hu- man rights, Reuters, 5 Oct 07 (Human Rights Watch | UK House of Lords | US State Dept) US eager for UN envoy report on Myanmar: Gambari is expected to return to NY and report to Security Council on Thu or Fri, Agence France-Presse (courtesy ChNewsAsia/Sing.), 3 Oct 07 (Low profile for envoy after Myanmar mission) UN envoy meets with Myanmar leader: The top military leader met today with UN's Gambari, who has been in nation since Sat and met with Suu Kyi in Sun, AP(via its host site), 2 Oct 07 (ASEAN's letter | UN briefing on visit | Prev. day [scroll]) Strauss-Kahn's IMF appointment sparks French celebration of 'soft power': The nation often accused of globalization-phobia now has an unprecedented hold over intl econ institutions-World Trade Org, Eur- ope's cen.bank & develop.bank EBRD, Finance Week/UK, 1 Oct 07 Alexei Kudrin: Era of empires is over for global bodies--Russia's fin. min. says that if IMF is seen by significant part of world as ensuring the domination of one nation or group of nations over others, it will lose its legitimacy, FT, 30 Sep 07 Moises Na�m: The free-trade paradox -- Why is trade booming while trade talks are crashing?, Foreign Policy, Sep-Oct '07 Mouse & wo/man: Happy birthday, Sputnik! (Thanks for Internet): 50 years ago, a small Soviet satellite was launched, stunning the US and sparking massive tech research effort, Computerworld, 24 Sep 07 S Haggard & M Noland: What are the North Koreans up to?--Expect Pres Roh Moo-hyun to come bearing gifts to Pyongyang for summit with Kim Jong-il to cement his legacy as a peacemaker, Korea Times (courtesy Peterson Inst), 21 Sep 07 Islamic finance expanding rapidly: Thanks to ongoing oil boom, Islam- ic fin.institutions are eyeing investments that are compliant with Islam- ic law (Shariah) to accommodate their excess capital, IMF Survey, 19 Sep 07 Greg Mankiw: One answer to global warming--A new tax: In climate change debate, there is yawning gap that needs to be bridged - not bet. environmentalists & industrialists, but bet.policy wonks & pol.consult- ants, NYT (free registr reqd), 16 Sep 07 Jeffrey Sachs: A global coalition of good--As our world has become an interconnected village, community service has gone global as well. From the most local civic groups to largest biz, we all want to make a difference, Time, 6 Sep 07 Ibrahim Gambari: Building bridges to Myanmar's govt (letter to ed)--'As special envoy, I have been the only intl actor to maintain face-to-face dialogue with its leaders,' WashPost (free registr reqd), 4 Sep 07 (WP ed. | BBC--Burma visit '06 | UN--Envoy's bio & appt.) Horizons: Debtor nation--The rising risks of the American Dream, on a borrowed dime, by J Shaw, Harvard Magazine, Jul-Aug '07 Portfolio: China's alphabet market mess -- The govt has created a confusing and destabilizing alphabet soup of share classes that thwart market forces, by C Delfeld, Forbes, 23 Jul 07 Posted: 24-28 Sep 07 Editorial: Africans can find solutions for Africa--For too long African progress has been measured from outside the continent. Be it the UN, global think tanks or intl civil society, Mail & Guardian/South Africa, 28 Sep 07 (Country rankings | Harvard--Governance index) Newsroom: The cyber rebellion--Burmese bloggers bypass censors: Bloggers, aided by an army of civilian journalists sending videos and photos by cellphone, are letting the world know what is going on, Der Spiegel, 27 Sep 07 (Al Jazeera English--Media in exile) Wall Street in the desert?: Dubai's deal to buy into Swedish exchange OMX and NASDAQ furthers its ambitions to be the money center of the Middle East, by S Reed, Business Week, 27 Sep 07 Security Council urges Myanmar to allow UN envoy's visit: UNSC urges mil. rulers to allow visit by UN envoy Ibrahim Gambari 'as soon as possible' & to show restraint w/ protesters, Agence France-Presse (courtesy ChNewsAsia/Sing.), 27 Sep 07 (ASEAN foreign min. set to meet | UN--Special envoy) Doing Business 2008--Large emerging markets reforming fast as East- ern Europe overtakes East Asia on ease of doing business, World Bank-IFC, 26 Sep 07 (Country rankings | Top 10 reformers | Site) Persistent corruption in low-income countries requires global action: Somalia and Myanmar share lowest score, while Denmark moves up to share top score with Finland and New Zealand, Transparency Intl, 26 Sep 07 (Country rankings) Emerging currencies now in 20 pct of forex trades--BIS: A survey of central banks every three years finds one in five trades now involves a developing nation currency, Reuters, 26 Sep 07 (Bank for Intl Settle- ments info) The bank behind Iran's missiles: Iran's 5th-biggest lender, state-owned Bank Sepah issued letters of credit and transferred millions of dollars for rocket makers, US Treas. says.Those transactions may show how Iran finances its nuclear ambitions, Bloomberg, Oct '07 Global markets face protracted adjustment: Markets are likely to go through protracted adjustment period following recent turbulence trig- gered by US subprime mortgage market's collapse, IMF Survey, 24 Sep 07 (w/ link to: Exec sum / full text--Global Fin. Stability Report) Crash course: Aung San Suu Kyi, 1991 Nobel Peace Prize -- 'For her non-violent struggle for democracy and human rights,' Nobel Foun- dation, 14 Oct 91 Myanmar anti-govt protesters claim 100,000 marching through Yang- on: Buddhist monks lead largest crowd to demonstrate since '88 pro-democracy uprising that was brutally crushed by military, AP(via live- pr/Austria), 24 Sep 07 From our archive: An Open Letter to head of Burma's ruling military junta from 59 former heads of state calling for release of world's only imprisoned Nobel Peace Prize laureate, Oslo Center, 15 May 07 Richard Haass: Asia's overlooked great power -- Mention Asia, and most people think of the region's fascinating, rising giants, China or India - or both, Project Syndicate (courtesy Taipei Times), 25 Apr 07 Posted: 17-21 Sep 07 Dubai bourse buys stake in Nasdaq and London exchange: In a series of multibillion-dollar deals, Dubai, Qatar and Abu Dhabi reach out to acquire significant stakes in 3 stock markets & US private equity firm, Intl Herald Trib, 20 Sep 07 Simon Johnson: The rise of sovereign wealth funds--IMF's Economic Counsellor looks at the growth of these funds and assesses some of the risks, Finance & Development, Sep-Nov '07 [pdf] Emerging markets and oil bubble up: Will Fed rate cut turn overseas gambits into tech-craze repeat?, Wall Street Journal (courtesy Money- web/S Africa), 20 Sep 07 Rocky trading hits Northern Rock: As criticism grows over handling of stricken lender's rescue, its share price slumps again on speculation that it will be sold off at a discount, BBC News, 19 Sep 07 (w/ link to: World markets rise on rate cut) Historic Asia trade route to be rebuilt: China and 7 nations in central Asia reach preliminary accord to build $19.2 bln modern-day equiva- lent to historic Silk Road trade route bet. China & Europe, FT, 19 Sep 07 (Link to: ADB--Silk Road proj | Marco Polo) Nancy Birdsall: The Volcker Report on corruption and World Bank--2 editorials: "Bank officials know all too well there is tradeoff bet. no-tolerance approach to anticorruption and 'doing development'," Center Glob Dev, 17 Sep 07 (Link to: Volcker report | Zoellick) Alan Greenspan: The world in 2030--He charts our economic course in The Age of Turbulence. An excerpt, Newsweek, 17 Sep 07 Bradford DeLong: The oracle speaks on life, money and politics--Review of Greenspan's memoir: This is 3 books in 1. The 1st tells us who he is, the 2nd gives his view of world, & the 3rd - his account of public policy - is making biggest splash as news, LATimes, 17 Sep 07 Supply-side factors are helping drive Asian exports: Asian nations feel winds of global demand through components they supply for assem- bly in China, for onward export to US, Europe & Japan, Asian Dev Bank, 17 Sep 07 (w/ link to: Asian Devel. Outlook Update) Global foreign direct investment flows set to dip in '08 after hitting new record in '07: The longer-term FDI outlook is favorable, although risks loom large, Columbia Prog on Intl Invest., 5 Sep 07 [pdf] (Link to: Full text of World Investment Prospects to 2011) The battle to help rebuild Iraq: A fmr Silicon Valley exec has spent the past year trying to reopen parts of 'Iraq Inc' - the nearly 200 state-owned factories. But he's run into many roadblocks-incl his own govt, Fortune, 4 Sep 07 Ricardo Hausmann: Product space & development--Economies grow by upgrading their products.The technology, institutions & skills need- ed to make newer products are more easily adapted from some prod- ucts than from others, Kennedy School Insight, 16 Aug 07(More info) Coffee/tea break: Intl travelers pick 'best airports in the world'--The survey is based on more than 7.8 mln passengers, covering over 170 airports worldwide, over 11 mos., says survey firm, Skytrax, 8 Aug 07 (Top 10 | By category) << Previous Home Next >> Copyright (c) 2001-2008 Leonardo L. Sta. Romana All rights reserved. |
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