Sunday, May 24, 2015
  1. Business & Finance

    New-Model Development Finance

    Anne-Marie Slaughter
    Business & Finance

    New-Model Development Finance

    5

     argues that the US, not China, may have the right strategy for aiding poor countries.

    Development financing Florian F./Flickr

    China’s establishment of the Asian Infrastructure Investment Bank is the latest sign of a broader move away from the view that aid to developing countries is best provided in the form of massive government-to-government transfers. Ironically, it may be the US, which opposed the AIIB’s creation, that is leading the shift. READ MORE

  2. World Affairs

    The Return of the Balkan Question

    Dominique Moisi
    World Affairs

    The Return of the Balkan Question

    7

     argues that European ideals provide the only antidote to virulent nationalism in the region.

    Srebrenica Adrien Dubuisson/Flickr

    The recent violence in Macedonia is a reminder that the Balkans region remains a volatile mix of nationalism and economic frustration, underpinned by disillusionment about progress toward membership in the EU. But the EU continues to be the only alternative to a future as bad as the worst of the past. READ MORE

  3. World Affairs

    Escaping the Middle East’s Violence Trap

    Adeel Malik, ET AL
    World Affairs

    Escaping the Middle East’s Violence Trap

    & 9

    &  explain why economic cooperation will be necessary for political stability in the region.

    Violence in Syria Karam Almasri/ZumaPress

    The Arab world and its neighbors are stuck in a violence trap. Indeed, by redrawing the region’s economic boundaries, the latest wave of violence has brought about a veritable trade shock, the true scale and significance of which has largely gone unnoticed. READ MORE

  4. Economics

    A World of Underinvestment

    Michael Spence
    Economics

    A World of Underinvestment

    17

     calls for international cooperation to boost investment in struggling post-crisis economies.

    underinvestment Luca Bruno/Flickr

    After World War II, policymakers recognized that deleveraging depended on nominal economic growth, which in turn depended on a global recovery. Like them, today’s policymakers should use – and even stretch – their balance sheets for investment, while opening themselves up to international trade. READ MORE

  5. Focal Points

    Skidelsky and Ferguson Debate Austerity

    Focal Points

    Skidelsky and Ferguson Debate Austerity

    Robert Skidelsky and Niall Ferguson The Aspen Institute/Wikimedia Commons

    Ever since Britain’s Conservative government took office in 2010, Keynesian advocates of government stimulus have heaped scorn on Chancellor of the Exchequer George Osborne’s strategy of fiscal consolidation. As Lord Robert Skidelsky, Professor Emeritus of Political Economy at Warwick University, and Niall Ferguson, Professor of History at Harvard University, amply demonstrate, the argument over whether Osborne’s policies have succeeded remains heated. READ MORE

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