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Posted: 19-23 Nov 07

Pakistan suspension 'unjustified':  Pakistan says the Commonwealth decision to suspend it from 53-nation group because of imposition of emergency rule is unreasonable & unjustified, BBC News, 23 Nov 07

New GDP and household consumption
comparisons released:  The new figures enable comparison of economic activity in 55 nations incl. Russia & Balkan states, and are part of forthcoming worldwide com-
parison, OECD, 21 Nov 07 [pdf]

Diminishing trade
flows bet. ASEAN nations signal need for further integration:  ASEAN's ambitions to create unified single market in SE Asia are not being fulfilled, Economist Intell Unit, 20 Nov 07 (Trading up: ASEAN and Asia [pdf, 5MB])

UN envoy to Myanmar 
holds talks with regional leaders in Singapore: Secy-Gen. Ban Ki-moon's Special Adviser on Myanmar is in Sing., where he is meeting with leaders taking part in ASEAN summit,  UN, 20 Nov 07 (Gambari's briefing to Sec. Council)

Editorial:  Myanmar
spoils the party -- Turning 40 is a milestone that deserves a more festive than usual celebration. But it's seemingly not the case for ASEAN,  Jakarta Post (courtesy BurmaNet),  20 Nov 07 (AP [courtesy HK Standard]--Manila firm as ASEAN retreats)

G20 frets over energy:  Fin. leaders of world's 20 largest economies say global outlook is unclear, with commodity price volatility threaten-ing price stability in many countries,  iAfrica,  19 Nov 07 (G20 site)

Bank calls for broader
access to finance:  Faiure to provide more households and small/medium enterprises with fin. services they need acts as a brake on development,  World Bank, 13 Nov 07 (Finance for all? Policies & pitfalls in expanding access)

Paul Samuelson:  Dodging the
bankruptcy bullet--It's hurricane season in Gulf of Mexico. So far, no Katrina. But can we say worst is over? Not yet.And so it is with global panic, brought on by bursting of hous-
ing bubble, Tribune Media Svcs (courtesy Bizworld/India), 5 Nov 07

Coffee/tea break: 
Supermodel joins hedge funds dumping dollars--  Gisele Bundchen wants to remain world's highest-paid model and is insisting she be paid in almost any currency but US dollar, Bloomberg, 5 Nov 07

Ernesto Zedillo: India
getting on board-Although nation is dramatically more open to imports and investment than it was a few years ago, it continues to be more protectionist than other large emerging markets,  Forbes, 29 Oct 07

Martin Feldstein:  A more
competitive dollar is good for US -- The dollar has finally begun its long overdue correction. Its recent decline is just a prelude to a substantial fall needed to shrink US current account deficit, FT (courtesy Harvard), 15 Oct 07

ASEAN+3 or ASEAN+6 -- Which way forward?:  The surge in free trade agreements in E Asia since Asian fin. crisis is prompting lively debate on future path of FTAs,  Asian Devel. Bank, 4 Oct 07 (AsDB Inst study | IMF--Asia's 'noodle bowl' trade pacts)

Larry Berger:  Seoul as
regional financial hub--Achieving the vision: In '03, Korea announced its goal of developing city into NE Asia's fin. hub,  Korea Times, 13 Jun 07 (New fin. law to transform city | Seoul Fin. Forum | New vision for global fin ctr)

Dudley Seers:  The meaning
of development--The focus on national income as a target for achieving poverty reduction avoids the real problems of development,  id21 (Classic highlights),  Jul '06

                              
Posted: 12-16 Nov 07

Economic forecasting survey--Economists in poll
expect credit turmoil to continue:  Consumers may have tough slog ahead, but confidence in Fed's ability to navigate rough econ waters remains high, Wall Street J, 15 Nov 07 (w/ link to survey of 55 economists)

Will resilience overcome risk?:  East Asian economies are likely to remain robust in '08 despite growing concerns about US sub-prime crisis & increasing oil prices, World Bank, 14 Nov 07 (E Asia/Pac Up-date | S Asia energy trade | IMF--Asia econ outlook)

Paul Blustein: 
From Lima to Doha--Assessing US trade agenda:  The House approved free-trade pact with Peru last week,and Sen. approv-
al appears likely. The bipartisan vote was a breakthrough, but what's needed is a Doha Round deal, Brookings Inst, 12 Nov 07

Coffee/tea break: 
The year that changed everything -- In May 1968, students ripped up cobblestones along rue GayLussac in Paris to build barricades.What happened in France then was inspired by, & inspired, a global season of rude awakenings that resounds still,  Newsweek, 
12 Nov 07

Chavez sparks controversy at Chile's
Ibero-American summit,  Santi-
ago Times, 12 Nov 07 (EiTB24--
Transl. transcript | Deutsche Presse-Ag--Summit clash, & Bitter summit (courtesy Earth T, M&C) | Sum-
mit site
--in Sp.)

Horizons:  US presidential aspirants get wide range of
economic ad-
vice
--The advisers, with their prestige and stature, are the public faces of econ policy for candidates-Democrats & Republicans alike.But they are also on a leash, NYT (via IHTrib), 8 Nov 07

24 universities from 14 nations enter top 200 for first time:  An annual ranking, now in its 4th year, shows univs from 28 nations represented in top 200, THES-QS World Rankings, 8 Nov 07 (Top 200 | Method-
ology
) [pdf]

Editorial:  Howling
at the moon--America should keep its cool about technological threat posed by China and India,  Economist,  8 Nov 07 (w/ link to:  Special report--Technology in China & India)

Newsroom:  With news banned from TV,
Pakistanis find it on the Web,  Christian Sci Monitor, 7 Nov 07 (Arab. Biz--Dubai acts as bea-con of freedom for Pak.| AFP [courtesy DNA]--BBC,CNN ban lifted)

S Haggard & M Noland: Economic implications of
summit agreement--Pyongyang could use assistance offered by Seoul to leverage its own reform program. However, it could take the aid and simply retreat into its shell, Korea Herald (courtesy Petersen Inst), 12 Oct 07

Restarting
Palestinian economic recovery--Econ monitoring report to Ad Hoc Liaison Cmte for West Bank & Gaza:  AHLC is chaired by Norway and includes US, Japan, Bank & IMF, and some Arab states,  World Bank, 24 Sep 07 [pdf] (AHLC meeting | Press conf)

Seminar room:  Milton Friedman in China--An exchange bet.
Bertrand Horwitz and Paul Krugman | Who was Milton Friedman? -- Edward Nelson and Anna Schwartz, and Krugman,  NY Rev Bks,  12 Apr 07

John Taylor: 
Back to the world of ideas--After 4 years thwarting ter-
rorist financing & rebuilding Iraq's monetary system, a leading econo-
mist returns to classroom with some interesting new lessons,  Stanford Mag, Jan-Feb '07
                               
Posted: 5-9 Nov 07

Boardroom:  Top
50 business thinkers -- Who are the world's most influential living management thinkers?,  Thinkers 50,  Nov '07

Suu Kyi meets Burmese official: Detained pro-democracy leader Aung San Suu Kyi holds talks with military official,before meeting members of her political party, BBC News, 9 Nov 07 (Text--Gambari/Suu Kyi)

How Buddhism became force for political activism:  The vanguard role of monks in Burmese revolt underscores a curious turn for a faith that has no tradition of crusades or jihad,  Wall St Journal,  7 Nov 07

Pakistan's outlook cut to negative on imposition of emergency rule--
Moody's | S&P,  Thomson Financial (courtesy Hemscott),  6 Nov 07 (S&P--Text | Ratings list)

Kenneth Rogoff:  How rich nations can
help poor regions -- One can only hope that our children's generation will grow up to live in a world that does a better job of balancing efficiency and equity than we do,  Proj Syndicate (courtesy Brunei Times), 5 Nov 07

Record oil prices
unlikely to dent world growth much:  The record highs of oil price are due to geopolitical risks,bad weather,tight market conditions & weaker dollar.The hike may boost headline inflation but impact on growth is likely to be marginal, IMF Survey, 5 Nov 07

Pakistan stocks slide most in 16 months on coup speculation:  Rumors of military coup hit an already down market. But army denies rumors they arrested Pres Musharraf, who 2 days ago suspended constitution, Bloomberg, 5 Nov 07

Why
Africa's oil riches don't trickle down to Africans: Africa is cursed - with riches. In an era of rising oil prices, its oil is drawing new inter-
est.But most Africans are seeing little benefit from influx of oil drillers, Knowledge@Wharton, 31 Oct 07 (
Book | Review)

Pascal Lamy: 
Aid for trade--Turning opportunity into real results:  Opening richer markets to exports will only translate into real biz if,eg, poor nations can meet pesticide standards and efficient transport exist, Ideas 4 Development, 15 Oct 07

African stock markets join global boom:  The markets, though imma-
ture, continue to perform well and have helped finance growth of cos. But regional integration and other steps are required to develop them,  IMF Survey, 12 Oct 07 (
Regl econ outlook)

Zhu K & R Prosterman:  Poverty or prosperity
for China's farmers?--Everyone has noticed that China is growing into an industrial power-
house, but farmers still make up almost two-thirds of its population,   S China Morning Post/HK (courtesy Cato Inst), 12 Oct 07

Coffee/tea break:
Teaming up against poverty--What do soccer's Ron-aldo & Zin�dine Zidane, tennis's Maria Sharapova, & basketball's Le-
Bron James have in common?,  MDG Monitor,  11 Oct 07

Gainful employment:  A real estate developer who calls NYC his hometown is interested in tackling social conditions in Muslim world that foment support for violent radicalism,  Time,  20 Sep 07 (IMF--Regl outlook for Mideast, Cent.Asia)

                            
Posted: 29 Oct-2 Nov 07

Boardroom:  A staged solution
to the catch-22--Prospective users on each side of a 'platform' will avoid it until they are confident other side will have enough users to make it worth their while, Harvard Biz Rev, Nov '07 (w/ link to: Strategies for two-sided markets[exec sum])

Nook & cranny: 
Hla Myint-- Burmese LSE economist & early devel-
opment theorist who stressed impact of intl trade on econ dev, Hist Ec Ideas/New Sch Soc Res (Ency
Britannica | Stanford--Meier and book | Frontiers of Dev Ec, t-o-cont, and text)

The new
financial heavyweights:  Sovereign funds totaling $2.8 trillion from China, the Mideast, and elsewhere are redrawing the global investment map,  Business Week,  2 Nov 07

UN, Google and Cisco
unveil online tool in battle vs global poverty:  UN teams up with tech leaders Google & Cisco to launch new site to track progress toward achieving Millennium Development Goals,  UN, 1 Nov 07 (Web site)

Global stocks mixed as investors digest Fed rate cut: Global stocks see mixed fortunes with investors remaining cautious about US econ out-
look despite Fed's latest interest rate cut, Ag France-Presse, 1 Nov 07

US, Switzerland, Denmark and Sweden
take the lead in competitive-
ness rankings:  Singapore, Korea, HK, Taiwan & Israel are in top 20,  World Economic Forum,  31 Oct 07 (
Country rankings [pdf] | Report)

More than
100 monks march in Myanmar for first time since crack-
down, AP (courtesy pr-inside/Austria), 31 Oct 07 (
France & Thailand agree junta needs incentives to democratize | UN Myanmar page)

$100 oil possible as prices 'increasingly decouple' from supply and de-
mand - Yergin: With prices over $90 a barrel, market is showing signs of high fever, stoked by fears of clashes in Mideast & resulting supply disruptions, Camb Engy Res Assoc, 29 Oct 07

Paul Krugman: 
A catastrophe foretold -- Why was nothing done to avert the subprime fiasco?,  New York Times (via IHTrib), 26 Oct 07

Capital flows to emerging markets surge to record $620 billion:  Vul-
nerabilities seen as global economy slows, credit tightens,  Inst Intl Finance,  21 Oct 07 (w/ link to
Report)

Coffee/tea break:  Checking out
tomorrow's library -- In Paris, an intl
working group shows off prototype for a multilingual 'intellectual cath-
edral' of digitized knowledge, WashPost (free registr reqd),  14 Oct 07 (
World Digital Lib)

India needs more economic reforms to widen benefits from growth: In its first econ survey of India, OECD says annual growth could reach a sustainable 10 % & be spread more evenly if there were wide-ranging reforms, OECD, 9 Oct 07 (Econ Survey of India, w/ exec sum)

Jeffrey Sachs:  Breaking
the poverty trap--Targeted investments can trump a region's geographic disadvantages,  Scient. American, Sep '07

Nook & cranny:  Peter Kenen--How things went wrong
in Argentina,  Finance & Devel,  Sep-Nov '05 (IMF--LatAm appears to escape mar-
ket turmoil |
Remembrances of crises past | MIT Pr--Debt defaults & lessons from a decade of crises)

                              
Posted: 22-26 Oct 07

Buffett sees dollar weakness:  The billionaire investor says he expects dollar to weaken further, adding that South Korean stocks offer better value than other markets, Reuters, 25 Oct 07(Bloomberg-Buffett says investors should be 'cautious' on China)

Women Nobel Peace laureates:  The
UN must do more to free Suu Kyi (letter to editor)--Today,as UN celebrates its 62nd birthday, Aung San Suu Kyi will have spent a total of 12 years in detention in Burma, Guardian/UK, 24 Oct 07 (Nobel Women's Initiative)

Panel on: 
Saffron revolution vs authoritarian consolidation -- Article | More info,  Brown U, 23 Oct 07 (Reuters [courtesy BurmaNet] on Steinberg's visit | Silverstein--Where is Burma heading?['04,pdf, 9pp])

Kofi Annan announces fmr Mozambique pres as
African Leadership Prize winner:  Joaquim Chissano served as head of state from '86 to '05. In '92, he helped to end 16-year civil war. Elected pres in '94, he was re-elected in '99, announcing he would step down in '04,  Ibrahim Foundation, 22 Oct 07

Adam Lerrick: 
World Bank weary--The bank does not, as it claims, lend where the poor live. More than half of loans since 2000 flowed to 6 upper-middle-income nations which tally less than 5% of world's hard-core needy, Wall Street Journal (courtesy AEI), 19 Oct 07

WB calls for renewed emphasis
on agriculture for development:  Its latest report calls for greater investment in agric in developing nations and says the sector must be placed at center of development agenda,  World Bank, 19 Oct 07 (World Development Report '08)

Philip Verleger:  The coming
triple-digit oil prices -- Most think tanks and government experts predict a price decline in coming decades. They're dead wrong,  International Economy,  Oct-Dec '07 [pdf]

Turmoil could prompt markets rethink:  A panel of leading economists at an IMF-WB seminar calls market turmoil the 'first crisis of financial globalization and securitization',  IMF Survey, 19 Oct 07 (IMF policy cmte draws lessons)

Nancy Birdsall: 
IMF's new realism on globalization and inequality--Its recent report concludes globalization in last two decades has contrib-
uted to increased inequality in most nations,  Ctr Glob Devel, 17 Oct 07 (IMF--
Intro to issue | Johnson--Inequality: Birdsall vs Posner)

Jagdish Bhagwati:  The
free trade perspective lives on--Turn to lead-
ing US papers these days and you will read about the 'loss of nerve', even 'loss of faith', in free trade,  FT (courtesy AEI),  11 Oct 07

China's
aircraft industry gets off the ground: China conquered markets for low-end manufactured goods. Now the country wants to make jets,  Time,  11 Oct 07

After Fidel:  With 11 million people Cuba is smaller than Vietnam.And Cubans are too poor to buy most imported goods. But its location and resources have great potential,  Forbes,  23 Jul 07

                           
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