The International Monetary Fund advises on economics, not politics. For instance, it recommends that governments cut food subsidies. Makes sense. If governments spend less on food, they can spend more on education, hospitals, and roads. But what if rising food prices sparks popular unrest? This is exactly what happened in Egypt earlier this year. Food [...]
Gallery Archive
Alice in Wonderland
The crisis has shaken the world’s financial sector. But eventually the dust will settle and the financial sector will examine its basic principles. The Archbishop of York, one of the Church of England’s senior clerics, recently had some thoughts on the subject. He said, ‘We find ourselves in a market system which seems to have [...]
“China cheat sheet helps investors survive”, Bloomberg, September 1, 2010
“No more silver bullets for Beijing”, Wall Street Journal, June 17, 2010
“China’s historic return to the Gulf”, Foreign Policy, April 2, 2010
