Another Lesson from Japan | by Stephen S. Roach - Project Syndicate
Though Japan’s experience since the early 1990s provides many lessons, policymakers in the rest of the world have failed miserably in heeding them. Time and again, major central banks – especially the Federal Reserve, the European Central Bank, and the Bank of England – have been quick to follow the Bank of Japan's disastrous lead. NEW HAVEN – Yet another in a long string of negative inflation sur
China and India 'water grab' dams put ecology of Himalayas in danger
The future of the world's most famous mountain range could be endangered by a vast dam-building project, as a risky regional race for water resources takes place in Asia. New academic research shows that India, Nepal, Bhutan and Pakistan are engaged in a huge "water grab" in the Himalayas, as they seek new sources of electricity to power their economies. Taken together, the countries have plans fo
The Slow Death of the University
Chronicle Review photo illustration by Ron Coddington, original image by De Agostini, Getty Images A few years ago, I was being shown around a large, very technologically advanced university in Asia by its proud president. As befitted so eminent a personage, he was flanked by two burly young minders in black suits and shades, who for all I knew were carrying Kalashnikovs under their jackets. Havin
Economist Impact - Perspectives
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