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Hope and reality in Nigeria (2)- President Goodluck Jonathan 2011-2015, and President Muhammadu Buhari 2015-2019
02/20/2010
The hope of so many young Nigerians rest on Buhari getting things right and restoring confidence in government and the management of the economy after four years of the Jonathan adminsitration.
Linked Articles
Muhammadu Buhari Defeats Goodluck Jonathan in Nigeria Election
Wall Street Journal 04/01/2015
An Accidental Leader Stirs Hopes in NigeriaNew York Times 02/20/2010
Skepticism about the Federal Reserve's ability to catch financial bubbles and to take action.
01/04/2010
The Fed's credibility for acting against bubbles in the housing and stock markets has been hurt by recent experience.
Linked Articles
If the Fed Missed This Bubble, Will It See a New One?
New York Times 01/06/2010
Fed chief Bernanke urges better financial regulation to prevent crisesWashington Post 01/04/2010
Procter and Gamble (P&G) takes early success at low price points in Mexico to other emerging markets Brazil and China- 2009-2014
12/12/2009
Linked Articles
P&G Sales Rise on Strong Demand in Emerging Markets
Wall Street Journal 01/27/2014
P.& G. Sees the World as Its ClientNew York Times 12/12/2009
Bill Gates and David Rieff on the untapped resource for India and the global economy of India's children
10/11/2009
The challenge of getting hundreds of millions of rural Indian children into the development mainstream through better healthcare, pharmaceuticals, nutrition, education and agricultural improvement is the next major challenge for India and the global economy. It is a huge untapped resource for India and the global economy.
Linked Articles
Bill Gates: What I Learned in the Fight Against Polio
Wall Street Journal 11/10/2013
India’s Malnutrition DilemmaNew York Times 10/11/2009
The new coaltiion governement of Liberals and Conservatives in Britain.
10/08/2009
A common program for the 2 parties to attack the U.K.'s budget deficit with spending cuts. A pragmatic sensible approach from Cameron and Clegg.
Linked Articles
Britain's accidental revolution
Economist 05/13/2010
That's more like itEconomist 10/08/2009
Peter Orszag and the struggle for a deficit-neutral health care plan (2)
07/24/2009
Linked Articles
Obama's Health Expert Gets Political
Wall Street Journal 07/24/2009
Beneath Budget Battle, a Health-Spending JuggernautWall Street Journal 12/17/2012
Peter Orszag and the struggle for a deficit neutral health care plan (1)
06/26/2009
Linked Articles
Obama's Health Expert Gets Political
Wall Street Journal 07/24/2009
Obama and Congress Clash on How to Pay for Health CareNew York Times 06/26/2009
The Congressional Budget Office's Elmendorf and Orszag on how the escalation in healthcare costs works havoc on the U.S. deficit (1)
06/17/2009
Linked Articles
Obama's Health Plan Needs Spending Controls, CBO Says
Washington Post 06/17/2009
Obama's Health Expert Gets PoliticalWall Street Journal 07/24/2009
The dangers of high unemployment in the American economy.
06/06/2009
WIth job losses of 467,000 in June 2009, Krugman sees a joblosses hole of 8.5 million jobs since the last recession. The 3 1/2 million jobs the stimulus is supposed to create by 2010 end fade in comparison to the scale of job loss that is emerging. With declining earnings, there is the additional prospect of deflation.
Linked Articles
New York Times 07/03/2009
Stuck at Unemployed: When A Layoff Becomes a LifestyleWashington Post 06/06/2009
With $5 trillion of new debt issue estimated in 2009-2010, the prospect of continued bailout of auto industry for years dims outlook for reversing this.
06/03/2009
Some experts point to the need for a 50% reduction in capacity in the auto industry from 2008. Demand may be lower than the 9.5 million vehicle year that the auto task force says is needed for GM to breakeven. This will mean continued government aid to the industry for a number of years.
Linked Articles
Rising Interest on Nations’ Debts May Sap World Growth
New York Times 06/04/2009
Kicking the Tires on the General Motors DealWashington Post 06/03/2009
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
What America can learn from the German example for government help to retrain workers and share costs to hire and retrain.
04/30/2009
The need for initiatives in this area are supercritical to handle the economic recovery correctly because of deepseated changes in the labor markets. In the absence of this high unemployment will coexist with millions of vacancies because of amismatch of qualifications. A lack of worker mobility. because of housing problems compounds this situation.
Linked Articles
Help Wanted: Why That Sign's Bad
BusinessWeek 04/30/2009
Learning Labor Market Lessons from GermanyBusinessWeek 04/30/2009
The smaller stimulus and selective investments in 2012-2014 in China and how this affects construction and heavy equipment manufacturers
04/30/2009
The impact on Caterpillar, Volvo AB, Komatsu, John Deere, Cummins and domestic Chinese manufacturers of the smaller stimulus and selective investments in China in the years ahead. Manufacturers are exporting from China during this period of slowing sales in China.
Linked Articles
China Bets Sour for Heavy Equipment Firms
Wall Street Journal 08/16/2012
China's Stimulus Spurs U.S. BusinessWall Street Journal 04/30/2009
China's policy makers make moves to make the economy less dependent on exports.
01/07/2010
Since 2004 China's consumer spending has fallen behind even more from 40% to 35% as a share of the economy. Steps to reverse this by allowig wages to increase significantly as at this Honda facory in Foshan.
Linked Articles
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
China Aims to Transform a Nation of Savers Into SpendersWall Street Journal 01/07/2010
Danone and P&G's (Procter & Gamble) innovative strategies for reaching low income customers in emerging markets.
12/12/2009
In 2004 Indonesian managers showed Franck Riboud, CEO of Danone, a pyramid of customers in Indonesia's population of 240 million people. It showed only 20 million customers at the top of the pyramid as the only ones who could afford Danone products. At that point Ribaud made up his mind to go after the large number of people at the lower end of the pyramid and come with strategies to do this profitably. By 2010 46% of Danone's sales were from emerging markets, up from 10% a decade earlier, showing the pace of the change. Unilever, P&G, Nestle, Colgate-Palmolive and other companies are following similiar strategies. P&G has used Mexico as a lab for experimenting with new products at low price points and Danone has done this in Indonesia.
Linked Articles
Danone Expands Its Pantry to Woo the World's Poor
Wall Street Journal 06/25/2010
P.& G. Sees the World as Its ClientNew York Times 12/12/2009
Bank of England's Mervyn King and the new Business Secretary Cable see a need to shrink the banks.
10/21/2009
Policy on banking regulation will be shaped by two visions of the future of banking, Tory and Liberal, both agree on the need to reduce sysemic risks posed by large banks.
Linked Articles
Economist 05/13/2010
BOE's King: Big Banks Should Get Broken UpWall Street Journal 10/21/2009
Bank of England Governor, Mervyn King's warning about the fiscal deficit and Conservative efforts under Osborne.
10/08/2009
The Conservatives made cutting the fiscal deficit a key part of their platform. King warned about the fiscal deficit assuming alarming proportions during the election.
Linked Articles
The Bank of England's Kingmaker
BusinessWeek 05/13/2010
That's more like itEconomist 10/08/2009
Health care cost increases as a critical part of the U.S. deficit problem and why it defies solution (1)
07/24/2009
Linked Articles
Obama's Health Expert Gets Political
Wall Street Journal 07/24/2009
Four Deficit Myths and a Frightening FactWall Street Journal 01/19/2012
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
Health care spending as a critical part of the U.S. deficit problem and why it defies solution (2)
06/17/2009
Linked Articles
Obama's Health Expert Gets Political
Wall Street Journal 07/24/2009
Obama's Health Plan Needs Spending Controls, CBO SaysWashington Post 06/17/2009
The Economist cites IMF economist estimates that the public debt of the 10 largest industrialized countries will jump from 78% to 114% of GDP by 2014, leading to higher interest rates and inflation.
06/11/2009
The rising public debt and its unsustainability is what the future holds. For governments and decisionmakers there are very difficult choices, as fiscaly austerity and premature fiscal tightening or raising interest ratescan choke off a recovery. Raising taxes as happened earlier in Japan's lost decade also can choke off a recovery. Seriously tacklig health care costs and raising the retirement age, are much needed steps.
Linked Articles
Get Ready for Inflation and Higher Interest Rates
Wall Street Journal 06/11/2009
The biggest bill in historyEconomist 06/11/2009
As the government sells $5 trillion in new debt by one estimate, the problem of an estimated $ 1 trillion in troubled assets on the banks books is being put off for another day.
06/04/2009
The FDIC's Legacy Loans Program's $1 billion pilot program attracts no interest. The Public Private Partnership Program of Secretary Geithner, like Secretary Paulson's TARP program before Geithner, is also unlikely to attract much interest as banks are not willing to take the prices that would require them to show large losses on their books. But this means that these problems are postponed for another day.
Linked Articles
Plan to Help Banks Clear Their Books Is Halted
New York Times 06/04/2009
Rising Interest on Nations’ Debts May Sap World GrowthNew York Times 06/04/2009
The $5 trillion in new debt expected for 2009-2010, will become harder to reverse if the rising foreclosures weaken any recovery.
06/02/2009
With 15.4 million homeowners under water and rising unemployment exacerbating the foreclosure rate, and no governement solution in sight, any recovery will be weak. This makes the debt reduction less likely, and weakens prospects for economic growth.
Linked Articles
Rising Interest on Nations’ Debts May Sap World Growth
New York Times 06/04/2009
Foreclosures: No End in SightNew York Times 06/02/2009
The rapid structural shift in employment to new industries and fields may create high unemployment even as millions of vacancies go unfilled.
04/30/2009
The Labor Departments JOLT statistics for job openings shows over 3 million job vacancies. The reason for this is the mismatch in qualifications and the speed with which industries are downsizing, and the shift to new industries and fields away from banking, retail, construction and autos. This makes new initiatives in retraining and government cost sharing to enable companies to hire and retrain super critical. Germany has some initiatives lkke this.
Linked Articles
Stuck at Unemployed: When A Layoff Becomes a Lifestyle
Washington Post 06/06/2009
Help Wanted: Why That Sign's BadBusinessWeek 04/30/2009
What the U.S. and other eurozone countries can learn from Germany in reducing unemployment (1)
04/30/2009
The Harz labor market reforms under the Schroeder administration helped Germany reduce unemployment after over a decade of high unemployment folowing reunification.
Linked Articles
Germany reaps rewards of entitlement cuts - The Washington Post
Washington Post 09/20/2011
Learning Labor Market Lessons from GermanyBusinessWeek 04/30/2009
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