SEOUL: Despite World Bank emergency grants and IMF rescue funding of $57 billion, Korea's economy, the world's 11th largest, remains on the …
FREIBURG: In one obvious way, the state and the market are mutually exclusive. Resources and rights controlled by the state are removed from…
PRAGUE - A paradox of our era is that, though humanity knows well the dangers it faces -- in overpopulation, environmental exhaustion, nucle…
PRINCETON: So, Mikhail Gorbachev has filmed a television commercial for Pizza Hut. Nowadays, politicians everywhere seem to want to "cash in…
CAMBRIDGE: Asia’s financial crisis amazes not only for its ferocity, but for its speedy dismantling of conventional wisdom. Six months ago, …
LONDON: By the end of the second week of December the European Union will finally have decided which countries will be asked to enter member…
NEW YORK: Start with the obvious: we live in a global economy. Let us be clear about what that means. A global economy includes not only the…
TOKYO: More than financial typhoons are rattling the Pacific. Emerging changes in the region’s balance-of-power may be of equal long term im…
PRAGUE: Many Americans seem overwhelmed by the feeling that, because the Soviet Empire collapsed, the dangers of war can be crossed off the …
PRAGUE: Sometimes I feel like a schizophrenic. When in the West, I criticize Western feminist ideas about Central Europe. At home, I refrain…
CAMBRIDGE: Southeast Asia's financial crisis -- leapfrogging from Thailand to Malaysia to the Philippines and Indonesia -- is far more than …
PARIS: The 1990s have been Europe’s Janus decade. Having dispatched communism, much of the Europe that rests east of the Elbe faces strong g…
BUCHAREST: Romania is facing a fundamental question that many thought buried alongside Nicolae Ceausescu: Is it right to achieve just politi…
WASHINGTON, D.C. Now that NATO has invited Poland, Hungary, and the Czech Republic to join, President Clinton must seek ratification of the …
THE HAGUE: The idea of European unity used to appeal to the hearts and minds of Europeans. But its reality, the way the Union actually works…
CAMBRIDGE: There are lessons from Thailand’s currency debacle beyond the sheer fun of pointing fingers. For how can a country reach meltdown…
KIEV: Recently I visited two cities -- Chernobyl and Yalta -- that have moved beyond notations on a map to become symbols of our century. Ch…
HAMBURG: What has happened to Germany? It is only a few years ago that Mikhail Gorbachev convinced himself and his Kremlin colleagues that t…
WARSAW: On September 21 Poland is to hold parliamentary elections that will be totally free. A minimum of four (and perhaps as many as seven…
JERUSALEM: Exactly one hundred years ago, the Zionist movement was founded. A few hundred Jewish intellectuals -- writers, doctors, lawyers,…
SAN FRANCISCO - A common currency is an excellent monetary arrangement under some circumstances, a poor monetary arrangement under others. W…
Outside the postcommunist world, the great wave of industrial privatization has crested. In the postcommunist countries privatization remain…
PARIS: Having effectively turned its back on the Cold War era by accepting three former Warsaw Pact countries as members, NATO must now focu…
BUDAPEST / VIENNA: Economists are often unconcerned about the social context of their work. In the transition from communism, many simply fa…
ISTANBUL: After months of tension that almost triggered military intervention, Turkey has reached a crossroads. The crisis grows from one pi…