- A Modest Proposal for the G-20
The G-20 should adopt a modest proposal this year: a limited expansion of the International Monetary Fund’s current system of Special Drawing Rights (SDRs).
- The Arab Young and Restless
If democracy is to take hold and flourish in Egypt, Tunisia, and elsewhere in the Arab world, the new reform-minded governments must make the youth unemployment crisis their highest priority.
- Learning to Float
It is time for China to seriously consider allowing the renminbi to float freely, while reserving the right to intervene when it must, and tighten the management of cross-border capital flows.
- Chinese Banks Report Net Profits
Net profits for Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, and Shanghai Pudong Development Bank grew 46 percent, 28 percent, 26.3 percent, and 45.10 percent respectively in 2010.
- Grameen vs. Bangladesh
The suggestion is that a vindictive prime minister is playing politics in punishing the saintly Yunus, the man who pioneered microfinance, for having threatened to enter politics.
- U.S. Fed Officials Suggests Early End to QE2
U.S. Fed officials are calling for a review of the current stimulus effort, the second round of so-called quantitative easing (QE2), suggesting earlier withdrawal from the bond-buying, which is slated to end in June.