courtesy: Foreign Affairs
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1 May 2012Europe After the Crisis; How to Sustain a Common Currency
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As Europe emerges from economic crisis, a larger challenge remains: finally turning the eurozone into an optimal currency area, with economies similar enough to sustain a single monetary policy. Getting there will be difficult and expensive, but the future of European integration hangs in the balance. Tagged Under |
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courtesy: Foreign Affairs
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1 March 2012Why We Still Need the World Bank
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The author explains in detail the functions of the World Bank and how it has evolved over the years. He also argues that while the bank has adapted to shifts in economic influence and the rise of emerging markets, it must become even more innovative and representative. Tagged Under |
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courtesy: Foreign Affairs
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1 January 2012The Future of the Yuan
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China seems to want the yuan to dethrone the dollar as the global reserve currency. But don’t expect China’s currency to take over anytime soon. The yuan will rise, but far slower than predicted, and Beijing’s puzzling efforts to help it along reveal flaws in the government’s divided and incremental approach. Tagged Under |
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courtesy: Foreign Affairs
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1 November 2011Is Indonesia Bound for the BRICs?
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As Indonesia hosts a number of high-level summits this year, it looks set to take its place among the world’s economic superstars. But celebrations are premature: although Indonesia has made great strides, its gains are reversible. To continue to prosper, Jakarta must address rampant corruption and poor governance Tagged Under |
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