You are at: Home > News/Analysis, Page 11 ('08) | Previous | Next Posted: 11-15 Feb 08 Somalia is 'the forgotten crisis': Unicef says Somalia is world's worst place for children, with the lives of up to 15,000 children at risk un- less emergency aid arrives in next 2 weeks, BBC News, 14 Feb 08 Coffee/tea break: Flowers blossom in time for Valentine--Kenyan flowers account for a quarter of Europe's cut flower imports, and growers have been pushing to keep exports up despite post-poll violence, East African Standard (Kenya), 14 Feb 08 Removing the 'stain' on Australia's soul: The apology was the 1st priority of Rudd's center-left Labor govt when it was sworn in on Tues, NYT(free registr reqd), 13 Feb 08(Aus HRights Comm-FAQ | Natl Inquiry Report) Kenneth Rogoff: America goes from teacher to student -- As its epic financial crisis continues to unfold, one can only wish that US policy makers were half as good at listening to advice from developing na- tions as they are at giving it, Proj Synd (courtesy Daily Times/Pak), 12 Feb 08 Survey of professional forecasters--Forecasters see much weaker growth: The outlook for growth in 1st half of '08 looks much weaker now than it did 3 mos. ago, acc. to 50 forecasters surveyed.But they are not predicting a contraction, Fed Res Bank (Phila.), 12 Feb 08 {Link courtesy of WSJ} White House sees slow growth in '08, but not a recession: The econ- omic stimulus bill that Bush plans to sign this week and Fed's interest rate cuts will result in stronger growth in 2nd half of '08, WashPost (free registr reqd), 12 Feb 08 (Fact sheet | Econ Report) Forum sets out path for strengthening resilience of financial system: An interim report to G7 fin. leaders says most immediate task for market participants is to rebuild confidence in system through'appro- priate valuation of assets & risk exposures, and adequate capital & liquidity buffers,' Financial Stability Forum, 9 Feb 08 Take the money and run: Spooked by a proposed tax change, Brit- ain's foreign rich consider leaving. For every tax haven that loses its seductive charms, there's another working hard to woo rich, Time, 6 Feb 08 Global downturn? The world economy in '08: Is '08 a year of reck- oning for global economy? Whether end result is recession or reor-dering of world economy,policymakers in all nations--developing, emerging market and industrialized--have to deal with fallout, Brook-ings-IMF, 31 Jan 08(Slides[pdf] | Transcript, posted by IMF 12 Feb) Michael O'Hanlon: Iraq's unknown economy--As practitioners of na- tion building well know, the economy is 3rd pillar of any successful mission, along with security & political environments, and can never be neglected, WashTimes (courtesy Brookings), 6 Jan 08 More investors turn to sub-Saharan Africa: Two nations successfully tapped intl capital markets in 2nd half of '07, showing global invest- ors' rising confidence in region's prospects, IMF Survey, 3 Jan 08 (Developing local bond markets) World Bank boosts emerging bond markets: The planned launch of $5bn bond fund by Intl Finance Corp recalls similar actions 25 years ago which helped launch equity markets in emerging economies, Oxford Analytica (courtesy Gemloc), Oct '07 [pdf] (FAQ | Briefing) Course promotes scientific approach in poverty fight: The Poverty Action Lab is technically located on edge of campus. But real lab is a primary school in sub-Saharan African town, a household kitchen in rural India, or an unemployment line in Paris suburb, MIT,7 Nov 07 Advising the candidates: Who advises '08 US presidential candidates on economic policy? (incl those of Clinton, Obama and McCain), by R Novak, Intl Economy, Sep-Nov '07 [pdf] (SF Chron--McCain) Boardroom: Shane Greenstein--Ubiquitous clicks and complements: How do new technologies becomes pervasive? Everyone knows this process causes economic growth. But how?, IEEE Micro(Inst Electr & Electro Engr)[courtesy Northwestern, pdf], Sep '06 Posted: 4-8 Feb 08 G-7 finance chiefs to focus on global market turmoil but no policy remedies expected: They will hear preliminary report from a panel of experts tasked to study market turbulence, AP(courtesy pr-inside/ Austria), 8 Feb 08 Senate Republicans block plan to expand US economic stimulus: Dems fall one vote short of 60 needed to overcome GOP objections to $156 bln measure that would extend unemployment benefits & give tax rebates to more people than voted by House, Bloomberg, 7 Feb 08 Economic opportunities for poor Afghan farmers key to opium fight, says report: It suggests there is much to be reaped from sustained investments in rural economy & urges foreigners to shop locally and encourage local production, World Bank, 5 Feb 08 (Incentives to Reduce Opium Prod.) Amit Varma: India's new role models--20 years ago, no one could have imagined that 4 of 10 richest chief executives in the world could be Indian, Wall Street Journal, 1 Feb 08 (Frederic Bastiat Prize for Journalism) Worldwide tourist arrivals grow by 6% to 900 million in '07: Of the increase in 52m arrivals, Europe receives 19m, AsiaPac 17m, Amer- icas 6m, Mideast 5m & Africa 3m, UN World Tourism Org, 29 Jan 08 (Slides | Highlights-latest avail.) [pdf]; and Assessing how tourism revenues reach the poor: Tools for product value chains can be applied to tourism. Value chain analysis can be used to address how to improve its pro-poor impact, Overseas Dev. Inst, Jun '07 [pdf] (id21--Sustainable tourism) P Speltz & L Yang: 5 ways to reform Asia's regional bank-'Priorities are not being honestly, transparently or courageously tackled, result- ing in an ADB that is in danger of slipping into irrelevance,' FT (lim- ited free access), 28 Jan 08 (Letter to ed--Fmr ADB dept dtr) The schools the Taliban won't torch: One ingenious aid program is stabilizing toughest parts of Afghanistan. But the program is starting to crumble, because US won't properly fund it, by G Warner, Wash- ington Monthly, Dec '07 Paul Collier: The Bottom Billion--A leading authority on global pov- erty reveals what we must do to help the poorest nations on Earth, Oxford U Pr (courtesy Globalist), Nov '07 (Excerpts--First | Second | Last | Book | Royal Ec Soc); and William Easterly: An ivory tower analysis of real world poverty--Re-view of Paul Collier's The Bottom Billion: 'Economists should not be allowed to play with statistics,much less with guns,' Lancet (cour- tesy NYU), 27 Oct 07 [pdf] From our archive: 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, THE-QS World Rankings, 8 Nov 07 (Top 400 | 401-500) Corruption and development--An impolitic view, Q&A with D de Tray: "You offer several Do's and Don'ts. The first is 'Don't treat fight vs corruption as an end, a sort of war vs immorality.' What do you mean by that?," Ctr Global Devel, Dec '06; and Curbing corruption in public procurement in Asia/Pacific: As a result, private mansions are being built instead of bridges; swimming pools are dug instead of irrigation systems; & public trust in govt is under- mined, AsDB/OECD, Sep '06 (w/ exec sum) From our archive: Justin Yifu Lin--An evaluation of Bank research on finance & private sector devel: An independent study was carried out by panel of 24 evaluators (incl Lin) chaired by Princeton's Deat- on, World Bank, Sep '06 [pdf, scroll-p28] (China Daily | Cambridge Marshall Lecture) Posted: 28 Jan-1 Feb 08 Mouse & wo/man: Cable break causes wide Internet outage--Two cables that carry Internet traffic deep under Mediterranean Sea snap, disrupting service across swath of Asia & Middle East, AP (courtesy WCFcourier/US), 1 Feb 08 (TeleGeog maps--Submarine cables and Internet) CEO group urges new initiative to ease workers' anxiety over globali- zation: 'Workers need support when their livelihoods are threatened for whatever reason--whether it's due to increasing productivity,tech- nological change, or domestic or intl competition,' Biz Roundtable, 31 Jan 08 (Exec sum | Report); and Robert Lawrence: Blue-collar blues--Is trade to blame for rising US income inequality?: Opinion polls indicate there is widespread anxiety about trade among workers, Peterson Inst (In brief), 25 Jan 08 [pdf] (Book) Fed cuts a key rate: The Federal Reserve cut a key interest rate for 2nd time in just over a week, reducing the federal funds rate by a half point to 3%, AP (courtesy Interactive Investor/UK), 30 Jan 08 Global Integrity Report 2007--Key findings: A survey by non-govt org seeks to assess how nations are performing vis-a-vis anticorrupt- ion safeguards, and strengths/weaknesses of each nation's public integrity system, Global Integrity, 29 Jan 08 (Site | FAQ) IMF sees world growth slowing, with US marked down: Financial turbulence clouds world growth prospects as US slows notably, but slight slowdown in China could alleviate overheating concerns, IMF Survey, 29 Jan 08 (Market Update | Economic Update) Asia papers bid Suharto a frank, not fond farewell: The papers give him credit for keeping fractious nation intact but regret that task cost so much blood, Reuters, 28 Jan 08 (CSMonitor--A complex legacy | Australian--Man of steel); and Gauging corruption's impact: Corruption--a major barrier to develop-ment in poor nations--is difficult to define and even more difficult to measure. Creative research methods are shedding new light on its ef- fects, Columbia Ideas at Work, Jan '06 (Amer Ec Rev--Value of pol. connections [pdf, courtesy Columbia]) Kenneth Rogoff: Workers' paradise?--Will political resurgence of la- bor unions throw a wrench into the wheels of globalization? Or will their growing strength serve to make globalization more sustainable by fostering fairness?, Proj Synd(courtesy Bizworld/India),11 Jan 08 Newsroom: Esther Duflo--Does mass media influence voters?: In the French pres. elections, one candidate accused media of suppos- edly orchestrating vs him. Can media manipulate elections?, VoxEU, 3 Jan 08 Posted: 21-25 Jan 08 Paul Krugman: Stimulus gone bad--The goal of stimulus plan should be to support overall spending,so as to avert/limit depth of recession. If money govt lays out doesn't get spent - if it just gets added to bank accounts or used to pay off debts - plan will have failed, NYT (via IHT), 25 Jan 08 (NPR--Q&A about plan) Myths & realities of sovereign wealth funds | New approach to capit- alism in 21st century: The growing prominence of these funds has attracted controversy. How should policymakers respond to these concerns? Meanwhile, there is a call for new 'creative capitalism' to help stamp out global poverty, WEF (sessions), 24 Jan 08 (Global impact of private equity) D Miliband, C Rice & B Kouchner: Joint statement on Burma--UK, US & France call for a transition to democracy and improved human rights in Burma & ask participants at Davos to support Burmese people, WEForum, 24 Jan 08 [pdf] Financial papers say Fed chief 'panicked' with rate cut: Major news- papers express some scepticism about US Fed's hefty 75 basis point cut in interest rates and say central bank looked like it was panicking, Agence France-Presse (courtesy [Sri] Lanka Biz), 23 Jan 08; and B Bernanke & K Kuttner: What explains the stock market's reaction to Federal Reserve policy?--'The main reason unanticipated changes in monetary policy affect stock prices is that they affect risk pre- mium on stocks. Thus, a surprise easing lowers risk premium, raising current stock prices,' Journal of Finance (Speech | Text), Jun '05 Update 2008 -- Economics | Brainstorming--Addressing uncertainty: Prospects for US economy have dimmed in recent weeks.But views differ over potential impact on the rest of the world, WEForum (ses- sions), 23 Jan 08 (Photos) Paris meeting confident on Palestinian plan but concerned by Gaza: The co-chairs of last Dec's aid conference meet in Paris to discuss the progress of implementation of Palestinian Devel. Prog., Zawya/ UAE, 23 Jan 08 D Farrell & S Lund: Why debt hasn't killed us yet--For nearly a decade, many economists have warned that US trade deficit cannot keep swelling indefinitely. But they failed to foresee 3 key develop- ments in intl capital markets, Newsweek, 21 Jan 08 Lawrence Summers: What should US govt do to avoid a recession?--'The measures most likely to be effective are temporary increases in benefits, perhaps for long-term unemployed & food stamps recep- ients,' Joint Economic Cmte, 16 Jan 08 [pdf] World Social Forum and World Economic Forum--A bridge too far?: WSF will not have any centralized events and will instead hold global day of protest. But group of human rights orgs will attempt to bridge the gap with WEF, Inter Press Svce, 6 Dec 07 (HR caucus | WSF) International financial stability: With fin. turmoil of recent mos., new questions are being asked about stability and regulation of global fin. system.The increasing complexity and scale of intl finance has raised potential impact of instability on real economy, CEPR/ICMB, 12 Nov 07 [pdf] (Report info) Justin Yifu Lin: An evaluation of World Bank research on finance & private sector development--An independent study was carried out by panel of 24 evaluators (incl Lin) chaired by Princeton's Deaton, World Bank, Sep '06 [pdf, scroll-p28] (China Daily | Cambridge Marshall Lecture) Posted: 14-18 Jan 08 Caught in the crossfire: Western investors that have poured billions into Pakistan must be wondering -- is the country a ticking bomb or does it just have a p.r. problem?, Forbes, 18 Jan 08 Solve crisis or suffer aid cuts, donors warn Kenya: 14 key donors threaten to cut aid, throwing their weight behind Kofi Annan's medi- ation efforts, Daily Nation/Kenya, 17 Jan 08 (UN appeals for help for crisis-affected Kenyans) World leaders to consider 'power of collaborative innovation': 2,500 participants from 88 nations will convene in Davos,Switzerland, incl. 27 heads of state & 113 cabinet ministers. The opening session will address key issues of climate change & terrorism, WEF, 16 Jan 08 Jeffrey Sachs: Primary health for all--Ten resolutions could globally ensure a basic human right at almost unnoticeable cost, Scientific American, Jan '08 US financial markets losing out to Europe, others: The US may not remain world's biggest financial market for long as investors find op- portunities in stocks & bonds of Europe & emerging Asia, Reuters, 15 Jan 08 (McKinsey--Exec sum | Mapping Global Capital Markets) Edwin Feulner: A race everyone wins--For 14th straight year, Hong Kong ranks number one in Index of Economic Freedom, followed by Singapore, Ireland, Australia & US, Heritage Foundation, 15 Jan 08 (Country rankings | Exec sum) Economic forecasting survey--Odds of recession seen rising: Econo- mists in survey predict slower US growth, unemployment increase, Wall Street Journal, 11 Jan 08 Global economy to slow in '08, but rebound likely as year unfolds: Despite difficult environment, a US recession is likely to be avoided, while emerging market growth is seen as remaining strong, Inst Intl Finance, 10 Jan 08(with link to: Global Econ & Capital Market Fore- casts) Horizons: If, when, how? Prospects for fiscal stimulus in US econ- omy--With growing evidence a slowdown-or even a recession-may be on the horizon,a panel discusses fiscal stimulus-if it is appropriate, when should it be implemented, and how should it be done, Brook- ings Inst, 10 Jan 08 Alan Blinder: Stop the world (and avoid reality)--Part of the stop-the-world syndrome seems to have economic origins. Increasingly, Americans seem to be losing faith in globalization.Why?, NYT (free registr reqd), 6 Jan 08 ; Paul Krugman: The trouble with trade--'The trouble is that effects of third-world exports on US wages may no longer be as modest as they were, because imports of manufactured goods from third world have grown dramatically,' NYT (courtesy Intl Herald Trib), 28 Dec 07; and Jagdish Bhagwati: The consensus for free trade among economists - has it frayed?--'One assault that is ongoing is the view that pressure on unskilled wages, and progressively on the middle class as well, is to be traced to trade with poor nations,' World Trade Org, 8 Oct 07 Joseph Stiglitz: Stagflation cometh--The world economy has had several good years. Global growth has been strong, & the divide bet. developing & developed world has narrowed. But good times may be ending, Proj Syndicate (courtesy Daily News Egypt), 2 Jan 08 2005 Intl Comparison Program prelim. global report compares size of economies: ICP releases new data for 146 nations, which show more than two-thirds of world's output are from 12 economies -- 7 high-income and 5 developing nations (China, India, Russia, Brazil & Mexico), World Bank, 17 Dec 07 (Slides [pdf] | Info on ICP) From our archive: Dancing with Giants--This book examines global implications of India and China's growth: What will their economic success mean for rest of world over next 15 years?, World Bank, Jan '07 (Comparison | Book) Daniel Franklin: Predictably right and wrong -- There is no Olympic competition for predictions, but if there were, how well might we perform? With benefit of hindsight, let's look at '07, The World in '08, Dec '07 Charting the unknown to stimulate and sustain development--Q&A with Michael Spence, Growth Commission chair: He talks about ac- tivities of Comm. on Growth & Development,with specific reference to emerging Asian economies, Singapore Mgmt Univ, 3 Oct 07 << Previous Home Next >> Copyright (c) 2001-2009 Leonardo L. Sta. Romana All rights reserved. |
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