Richard Haass
explains what caused the Ukraine war, urges the West to scrutinize its economic dependence on China, proposes ways to reverse the dangerous deterioration of democracy in America, and more.
If the US Federal Reserve raises its policy interest rate by as much as is necessary to rein in inflation, it will most likely further depress the market value of the long-duration securities parked on many banks' balance sheets. So be it.
thinks central banks can achieve both, despite the occurrence of a liquidity crisis amid high inflation.
The half-century since the official demise of the Bretton Woods system of fixed exchange rates has shown the benefits of what replaced it. While some may feel nostalgic for the postwar monetary system, its collapse was inevitable, and what looked like failure has given rise to a remarkably resilient regime.
explains why the shift toward exchange-rate flexibility after 1973 was not a policy failure, as many believed.
纽约——2015年,几乎全部来自发展中国家的约590万5岁以下儿童死于可以轻松预防或治疗的原因。同时近期估计数据显示,高达2亿儿童和青少年因贫困而未读过小学或中学,包括1.1亿仅仅读过初中。无论是哪种情况,如此大规模的苦难都可以因适度全球资助而终结。
贫困国家儿童常死于不安全分娩、疫苗可预防疾病、低成本治疗可以奏效的疟疾等感染性疾病、还有营养不良;这些导致儿童死亡的原因在富裕国家几乎已经被彻底消灭掉。在一个恪守道德标准的世界,我们会为结束这样的死亡贡献我们最大的力量。
事实上,世界各国付出了三心二意的努力。多亏通过全球抗击艾滋病、结核和疟疾基金等新成立机构划拨的额外全球疾病控制经费,幼儿的死亡人数已经比1990年记录的1270万下降了略微超过半数。
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