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Intractable conflicts and a way out- the U.S., Europe, India and Pakistan in Afghanistan, and South Asians in Kashmir
09/23/2009
Linked Articles
Obama Is Considering Strategy Shift in Afghan War
New York Times 09/23/2009
Kashmir's troubles: Shaking the mountainsEconomist 01/01/2011
The disillusionment of Mexico's voters with the the Vicente Fox and Felipe Calderon administrations of the National Action Party
07/09/2009
The failure to meet rising expectations in Mexico. Mexico's GDP would be 2.5% higher if the oil sector was opened up, labor laws were changed and competitiveness introduced to the country's oligopolies in airlines telecom and other sectors, says Mexico's Center for National Competitiveness.
Linked Articles
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Calderón's hatful of troublesEconomist 07/09/2009
Bernanke's views on how the underutilization of labor in todays markets should make inflation less of a threat.
06/11/2009
Remarks by Bernanke to the Open Market Committee of the Fed in 2003, have a relevance to the situation facing the economy today. Rising raw materials prices and the falling dollar are likely to have a muted effect on inflation. The impact of slowing wages and the high unemployment and growing underutilization of labor, in the midst of a manufacturing capacity utilization rate of 68% and continuing to fall, are likely to be the deciding factors.
Linked Articles
Slack Labor Markets Will Hold Down Prices
Wall Street Journal 06/23/2009
Get Ready for Inflation and Higher Interest RatesWall Street Journal 06/11/2009
The youth vote in India's 2014 and 2009 parliamentary elections
05/02/2009
Linked Articles
Wall Street Journal 05/02/2009
Hopes of a Generation Ride on Indian VoteNew York Times 05/15/2014
Child hunger in India and India's Food Security legislation in August 2013
03/13/2009
Food expert Rieff cites figures showing child malnutrition at over 40% in India for children under the age of 5 in 2009. A World Food Program report says 230 million people in India are hungry each year. India's Food Security legilation has to be seen in this context. Rieff says India is in danger of losing its demographic dividend as a result of child malnutrition. All developing countries can learn from each other and their programs to reduce child malnutrition, improve health care and vaccinations, and introduce healthy food and sanitary practices. Programs are in place in Brazil, Mexico, Indonesia, India, and China.
Linked Articles
As Indian Growth Soars, Child Hunger Persists
New York Times 03/13/2009
India's Lower House Passes Food Bill to Help PoorWall Street Journal 08/26/2013
Cornell's Frank points out that savings may be good for America once they are chanelled into investment.
02/15/2009
For this to happen some of the excess household debt from the number 96% of GDP, that household debt in the USA has reached, has to be shaved off. This is happening as Americans are shifting to becoming debt free in their finances. This affects consumption through the paradox of thrift. But says Prof. Frank this is OK, as the government steps in in the meantime to give the boost to the economy, till consumers recover from debt. Future savings can then be channelled into new productive investment for modernization's next phase, just as China and India are doing.
Linked Articles
Imbalance in Nations' Savings Clouds Forecasts for Recovery
Wall Street Journal 03/23/2009
Go Ahead and Save. Let the Government Spend.New York Times 02/15/2009
The Economist's view of nationalization as an option.
02/03/2009
The Economist says that as in the case of Northern Rock and RBS, because of the scale of the problem and it only getting worse over time, nationalization is the best option. And it says its no use exacerbating the problem by pretending otherwise.
Linked Articles
Economist 02/03/2009
Financial Policy DespairNew York Times 03/23/2009
Vaccine Maker Pfizer and the National Childhood Vaccine Injury Compensation Program.
01/26/2009
The limits to litigation risk for vaccines is one reason for the attractiveness and growing investment in the vaccines development. Its also what Pfizer hopes to develop with the Wyeth acquisition for $68 billion.
Linked Articles
Wall Street Journal 02/23/2009
Pfizer Agrees to Pay $68 Billion for Rival WyethNew York Times 01/26/2009
Board of Directors, auditors, management and bad governance- Satyam in India and Olympus in Japan
01/09/2009
Linked Articles
Wall Street Journal 01/09/2009
Panel Releases Findings in Olympus CaseWall Street Journal 12/06/2011
The Obama Economic Action Plan and what neuroscence tells us about fear in financial markets and business.
12/07/2008
The Obama economic action plan with large investments in infrastructure and green energy and in education and national competitiveness, and what neuroscience tells us about the part fear plays in making financial institutions and business not play the role they are otherwise able to play inleading economic activity.
Linked Articles
In Hard Times, Fear Can Impair Decision-Making
New York Times 12/07/2008
Obama Pledges Public Works on a Vast ScaleNew York Times 12/07/2008
Another misstep by automakers management was the failure to win public support as they missed the changes coming over the country.
11/18/2008
The falling clout of the Detroit automakers as the nation changed and things changed but the automakers dug in their heels into the status quo.
Linked Articles
Clout Has Plunged for Automakers and Union, Too
New York Times 11/18/2008
Bridge Loan to NowhereWall Street Journal 12/06/2008
The U.S. automobile market in 2008-2013- collapse, recovery and renewal
05/20/2008
Linked Articles
Car Makers' Boom Years Now Look Like a Bubble
Wall Street Journal 05/20/2008
Auto Makers Rebound as Buyers Go BigWall Street Journal 01/04/2014
Toyota Prius hybrid- hard sell in India and China
04/21/2008
The Prius is priced around $22,000 in Japan and the U.S. In India and China it costs around $40,000 with import duties. This makes it a hard sell where pollution is a major problem.
Linked Articles
In India, 'Green Cars' Look Like a Hard Sell
Wall Street Journal 01/08/2010
In China, Hybrids Are Tough SellWall Street Journal 04/21/2008
Chuck Hagel and the fresh thinking he brings as leading candidate for U.S. Defense Secretary in 2013-
09/03/2009
Linked Articles
Chuck Hagel - Why Going It Alone No Longer Works
Washington Post 09/03/2009
Defense-Chief Candidate Has Conservatives WaryWall Street Journal 12/14/2012
BP, Shell and other foreign oil companies expand production in Iraq in 2012-2014
07/01/2009
Ambitious goals for oil production are set by the Iraqi government as oil companies from the, U.S., Europe, Russia and China, provide the expertise to increase production from older oil fields. Problems of infrastructure and national oil legislation hinder rapid development.
Linked Articles
Crude Oil Output Is Soaring in Iraq, Easing Markets
New York Times 06/02/2012
Oil Companies Reject Iraq's Contract TermsWall Street Journal 07/01/2009
S. Korea's second household debt binge in the 15 years since the 1997 financial crisis
05/18/2009
The first period of rising household debt ocurred with the credit card boom when the government promoted consumer spending as a way to stimulate the economy. By 2003 this became a serous problem and the government rescued a credit card issuer in 2003. Household debt is again a major problem in 2012 with the increasing number of companies in financial lending that are not regulated.
Linked Articles
Notes From Another Credit Card Crisis
New York Times 05/18/2009
S. Korea tries to curb mounting debt and avert a crisis - The Washington PostWashington Post 07/09/2012
Geithner's Plan for Toxic Assets
03/23/2009
Experts are doubtful Geithner's plan of March 23, 2009 for toxic assets will work. Its similiar to plans previously announced by Paulson in the Bush administration. Views of Krugman, Eavis and Reinhart. If lack of confidence and lack of liquidity were the only problems they say, government money as incentives might work, but the problem is more basic and structural. These mortgage securities are from a time of easy money, now investors are shy of risks and would discount them even more as a safety factor, and banks would not want to sell them at that price. Are stress tests and nationalization of failed banks around the corner?
Linked Articles
Why Congress Will Kill the Bank Rescue
Wall Street Journal 03/24/2009
Geithner's Gamble Needs SpeculatorsWall Street Journal 03/23/2009
The financial crisis poses a challenge to the idea of a single European Community, the EU itself.
02/26/2009
The countries of Eastern Europe and the banks of western European countries are enmeshed in a growing financial crisis that threatens the unity of Euope, and the idea of the European Community. What kind of help will Germany and other nations of western Europe provide. Will this be differentiated by different groups of countries like the Baltics different from Hungary, Poland, Romania, and the Czech Republic, and how will leaders like Angela Merkel of Germany negotiate the political winds, as she faces an upcoming election.
Linked Articles
The bill that could break up Europe
Economist 02/26/2009
Sweden Aids Bailout of Baltic NationsNew York Times 03/13/2009
For a Nobel prize winning economist a sick feeling in the stomach in February 2009.
02/13/2009
Is the US going the way of a train wreck as Japan did from the mid 1990's to 2003 with every set of actions falling short of the task of cleaning up the banking system and economic recovery? Krugman and Japanese experts who tackled the Japanese banking crisis sense something like this is happening in the US.
Linked Articles
New York Times 02/13/2009
In Japan’s Stagnant Decade, Cautionary Tales for AmericaNew York Times 02/13/2009
The Economist's view that nationalizing the failed banks is the only serious option.
02/03/2009
With the banks in private hands it becomes almost impossible to value these toxic assets says the Economist. As the situation worsens between now and 2010 nationalization will become more acceptable. Its the only serious option, and one way ot or another the government will be guaranteeing these assets, as the banks are dependent on the government. It asks why pretend otherwise?
Linked Articles
Economist 02/03/2009
The spectre of nationalisationEconomist 02/03/2009
Declining foreign trade and how this affects U.S. GDP and GDP in other nations.
01/13/2009
How the decline in foreign trade unlike anything seen since 1945 is affecting the US and global economy.
Linked Articles
Trade Secret: GDP's Pillar Looks in Peril
Wall Street Journal 01/13/2009
Global Trade Posts Sharp DeclineWall Street Journal 01/14/2009
Te Capps and the Muirs in Boise, Idaho, and the national savings rate.
01/02/2009
How the Capps and the Muirs, two couples in their thirtes and forties and their families are scrimping and saving like older generations of Americans. The implications of this for the national savings rate which is forecast to reach 10% by Goldman Sachs in 2009. What this means for consumption spending according to Rodriguez, and why the economy may be setting up for a longer downturn approaching ten years.
Linked Articles
Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes
Wall Street Journal 01/06/2009
The Doomsayers Who Got It RightWall Street Journal 01/02/2009
New heights in fund raising - president Obama in 2008 and the Koch Brothers plans for 2016
12/06/2008
U.S. congresswoman Sheila Bair once said it was the task of fund raising that deterred her and others like her from pursuing careers of national service at higher levels. Obama outspent McCain and Romney by wide margins in 2008 and 2012, right wing groups such as the Koch brothers are organizing similiar efforts of their own for 2016 so as not to be outspent by their opponents.
Linked Articles
Final Fundraising Tally for Obama Exceeded $750 Million
Washington Post 12/06/2008
Koch Brothers’ Budget of $889 Million for 2016 Is on Par With Both Parties’ SpendingNew York Times 01/26/2015
India and Pakistan negotiations and rising tension in Kashmir.
08/12/2008
The Kashmir issue complicates India-Pakistan peaceful relations, as does the situation in Afghanistan with Taliban opposing Indian reconstruction efforts.
Linked Articles
India Frustrated by a Rudderless Pakistan
New York Times 08/12/2008
Deadly Force Used to Halt March in KashmirNew York Times 08/12/2008
Imbalances in the global economy that will take time to correct- the situation in the U.S., Europe and emerging markets in 2012-2013
05/05/2008
The perception that "this time is different" is a typical behavioural reaction in history to to financial crises studied by Rogoff and Reinhart. Economic weakness is part of the mechanism for correcting global imbalances which happens over a number of years.
Linked Articles
Economy May Face Prolonged Pain, History Suggests
Wall Street Journal 05/05/2008
Boom, Bust. Repeat.Wall Street Journal 10/09/2009
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