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China Unbound
John Lee Series: The World in Words 2009-12-31China is currently in a holding pattern when it comes to further economic reform and major foreign-policy goals, owing to the ingrained conservatism of its leaders. But when the next generation of leaders assumes power in 2012, the world will be dealing with a much more unpredictable power than the one we know now.... read Comments: 0 Recommended: 1 Read: 147 -
Spanish Leadership for Europe’s Roma
George Soros Series: Human Rights 2009-12-31Continued discrimination against Roma in Europe not only violates human dignity, but is a major social problem crippling the development of Eastern European countries with large Roma populations. Spain, which has been more successful in dealing with its Roma problem than other countries, can take the lead this month as it assumes the EU presidency.... read Comments: 0 Recommended: 0 Read: 93 -
Ignoring Serbia
Joschka Fischer Series: The Rebel Realist 2009-12-31Just before Christmas, Serbia’s government formally submitted its application for EU membership. The reaction in Europe was deafening silence - a silence that the EU simply cannot afford, given the potential of Serbia's membership bid to bring about a successful and permanent reorganization of the Balkans.... read Comments: 0 Recommended: 0 Read: 72 -
The Kremlin Two Step
Dmitri Trenin Series: A Window on Russia 2009-12-30To dismiss Dmitri Medvedev as a mere puppet of Vladimir Putin, or, on the contrary, to focus on minor differences between them as signs of a looming split, is misleading and wrong. The two men need each other, and the real question is whether there is light for Russia at the end of the tandem.... read Comments: 0 Recommended: 0 Read: 503 -
How Women Go Bankrupt
Naomi Wolf Series: The Next Wave 2009-12-30As the world struggles to emerge from the economic near-collapse of last fall, there is one sub-group that has slid below the waterline in record numbers: formerly middle-class women. The reason is largely cultural, as learned social roles encourage financial illiteracy.... read Comments: 0 Recommended: 0 Read: 1759 -
The Fairness of Financial Rescue
J. Bradford DeLong Series: Anatomy of the Global Economy 2009-12-29Financial bailouts are understandably controversial, because they reward those who bet on risky assets. But a policy that leaves owners of risky financial assets impoverished is a policy that shuts down dynamism in the real economy.... read Comments: 2 Recommended: 0 Read: 2767 -
A Time of Tests
Tony Blair Series: The World in Words 2009-12-29LONDON – This is a tough time to be a decision-maker. We live in an era of low predictability. The world appears in constant flux. The challenges are immense. And most of all, there is, in many instances a clash between the correct short term politics and the correct long term policy. ... read Comments: 0 Recommended: 0 Read: 836 -
Bad Money, Good Money
Chris Patten Series: History in Motion 2009-12-29We should not allow our rage at the unseemly behavior of bankers to turn into an all-purpose rant against personal wealth. Sometimes its owners use it in hugely generous amounts for great public gain.... read Comments: 0 Recommended: 0 Read: 1354 -
Is Gold a Good Hedge?
Martin Feldstein Series: The Magic of the Market 2009-12-25
Many gold buyers want a hedge against the risk of inflation or possible declines in the value of the dollar or other currencies. But gold is an exceptionally poor hedge against both of these risks, particularly compared to the alternatives, such as inflation-protected government bonds and currency futures, that are available to investors.... read Comments: 7 Recommended: 0 Read: 9905
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