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On the micro side, too little public investment means poor infrastructure and high export costs. Brazil has none of neighboring Argentina’s hefty export taxes, but its heavy transport costs have the same effect
World Bank data show that India currently has 6.5 doctors, 13 nurses, and nine hospital beds per 10,000 people – levels that are less than half the global average and far below what the WHO recommends
Instead of advising Japan and China to raise their consumption rates, macroeconomists would be wiser to encourage these economies to use their high savings to fund not only domestic but also overseas investments.
Nonetheless, the Fed remains fixated on financial-market feedback – and thus ensnared in a potentially deadly trap.
Laws governing sex among consenting adults can be similarly harsh. In 78 countries, homosexuality is prohibited, and in seven it is punishable by death.
The medical community must develop the science of shared decision-making, in which epidemiological evidence informs conversations about what matters to the patient and how best to achieve those goals
Liberty and equality are complementary, not contradictory, principles. If the rules are designed properly, a society in which people decide and act freely can also be a society in which opportunities are fairly distributed
China’s massive infrastructure investment, funded largely through LGFVs, will most likely be remembered for its critical contribution to the country’s economic modernization
world leaders and their development partners need to think beyond setting new goals or targets that fade with time, and move toward establishing accountability mechanisms, processes, and systems to ensure that we meet the goals that we have already set
Water management should not be regarded as an end in itself – a single-variant solution for a single-variant problem – but as a means to several ends, including environmental conservation and social and economic development
The challenge now is to figure out how to banish half-truths and big lies from our politics and restore reason and moderation to our divided land.
It is time for all of the relevant actors in the conflict between Israel and Palestine to address this challenge, and to take concrete, productive, and creative action to bring peace to Gaza at last
In international relations, collective misperceptions can create their own reality. If pundits continue to insist that the system failed, wonks will devote time and effort to figuring out how to fix what is not broken
But its revival is a portent of what happens when a form of politics claims to satisfy every human need except the coziness of communal belonging – and then lets the people down
The reliance of modern banking regulation on risk weighting is nowhere more important than in the mortgage market. If regulators get it wrong, the entire edifice could collapse – yet again.
For now, Hirohito remains a singularly unfathomable and isolated character who defies common understandings – alas, to the detriment of a better understanding of “what actually happened.”
In Africa, hunger remains the leading cause of death in children, accounting for half of all deaths of children under the age of five and killing more than AIDS, TB, and malaria combined.
But more than money is needed. People must go beyond writing checks to charities and contribute actively to building schools, funding scholarships, and training teachers. Fortunately, this, too, is already beginning to occur
Education has long been viewed as the number one guarantor of income, wealth, status, and security. Yet millions of people have consistently been left out or left behind, with nearly half of the world’s children still lacking access to basic education.
In fact, the US and its allies simply don’t like the results of Arab democracy, which all too often produces governments that are nationalist, anti-Israel, Islamist, and dangerous to America’s oil interests
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- 4China's FDI Inflow down 1.47% in March
- 5China's MMG to Acquire Las Bambas
- 6China’s Rare Earth Exchange Begins Trading Following WTO Ruling
- 7Alibaba’s Q4 Net Income More than Doubles Ahead of IPO
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