You can edit the text in this area, and change where the contact form on the right submits to, by entering edit mode using the modes on the bottom right.
123 Street Avenue, City Town, 99999
(123) 555-6789
email@address.com
You can set your address, phone number, email and site description in the settings tab. Link to read me page with more information.
Why are the United States and Europe attacking Tripoli with bombs and Damascus with words? Why are they putting so much effort into bringing down Libya's brutal tyrant and so timid in their dealings with his equally cruel Syrian counterpart?
During the worst days of the financial crisis, investors and policymakers talked of decoupling, asking if emerging economies would continue to grow if the rich countries crashed. They did. But this spawned another mantra: the two-speed world, in which emerging markets surged even as the advanced nations stagnated. We believe it is time to start talking about another, more ominous moniker for the times ahead: the four-speed world, and the dangers it poses to global growth.
Osama bin Laden and the al Qaeda he led are both so last century. The current al Qaeda, and whoever becomes bin Laden's successor, will have a hard time adapting to the twenty-first century. Today's al Qaeda has different capabilities and constraints and also faces different strategic challenges from the organization bin Laden founded in 1988.
Not too long ago Mexico was regarded as the Latin American nation most likely to become a developed country. Now it is commonly seen, if not as a failed state, at least as a nation where some of the most powerful and ruthless criminals on the planet control important parts of the territory and critical public institutions.
Cherry blossoms and anti-globalization marches. For many years, these were inevitable rites of spring in Washington. But today, while the cherry trees are still blooming, the street demonstrations have wilted.
What would have happened if during World War II the allies had bombed the gas chambers or the railway lines that transported millions of innocent people to their deaths in Auschwitz and other camps? It could not be done. We didn't know. We could not divert resources from other fronts. It was not a strategic priority. These are some of the answers commonly given to this thorny question. More than a million men, women and children died at Auschwitz. Something similar could have happened in Benghazi.
A lot is happening in Latin America. The dynamism in business, politics, society, international relations, and even the criminal cartels is obvious. In contrast, U.S. policy toward Latin America is lethargic, unimaginative, and surprisingly irrelevant.
It is as impossible not to be moved by the images of suffering and destruction in Japan as it is not to be surprised by the stoicism of the victims. Usually, the scenes following a disaster are of panic, disorder, and even looting. In Japan, we see long lines of people calmly awaiting medical attention or buying food. And faces that reflect an unimaginable pain that is seldom expressed stridently. The Japanese deserve our admiration and solidarity.
Forbes magazine just published its annual list of the richest people in the world. There are no surprises. The number of billionaires increased, as did their average wealth ($3,500 million). And while the majority of billionaires are still American, that percentage is declining as the percentage of rich people from poor countries grows. Thus, countries like China, Brazil, India, Mexico, Turkey, Ukraine, or Russia produce many mega-millionaires.
Every year, thousands of the world's most influential people descend upon Switzerland in late January for five days of debating, networking, fine eating and a little skiing, too. The gathering, called the World Economic Forum, has grown enormously popular over the decades - and has gained a steady chorus of detractors as well. In truth, the meeting is neither as exclusive or conspiratorial as its critics claim, nor as world-transforming as its boosters imagine. The following myths are just a few of the misconceptions that have sprung up around the singular institution known the world over simply as "Davos."
Raúl Castro and Otmar Issing could not be more different. The first is a Cuban soldier and the second a European economist. Castro is one of the founding fathers of the communist regime in Cuba and Issing is one of the fathers of the euro. While Castro was fighting to export the Cuban revolution, Issing was working for Europe’s integration and is one of the architects of the European monetary system. Castro is about to turn 80 years old and Issing is 75. I don’t know if they know each other, or if they have ever spoken, but I doubt it.
Hosni Mubarak is eighty-one years old and, since 1981, president of Egypt. Fidel Castro is eighty-five, and has held supreme power in Cuba for half a century. At eighty-three years old, the King of Thailand Bhumibol Adulyadej ranks as the longest-serving head of the state: his rule began in 1946. Abdullah bin Abdul Aziz, Saudi Arabia's king, is eighty-six. The Supreme Leader, who also calls himself Dear Leader, Our Father, The General and Generalissimo, will soon turn seventy. His real name is Kim Jong Il, the cruel tyrant of North Korea.
Predicting Europe’s growing international irrelevance has become as common as mocking the follies of Brussels.
In fact, the consensus is that within a few short decades, the weight of European economies in the world is bound to plummet to less than half of what it is today.
Predicting Europe’s growing international irrelevance has become as common as mocking the follies of Brussels.
In fact, the consensus is that within a few short decades, the weight of European economies in the world is bound to plummet to less than half of what it is today.
Moisés Naím, Uri Dadush and Bennett Stancil / Carnegie Endowment for International Peace
With the debt crisis in Europe now entering its second phase, California seems an odd place to turn for guidance. At first glance, California appears to be in the midst of an economic and fiscal crisis that dwarfs Europe's. Its unemployment rate, now more than 12 percent, is one of the highest in the United States and nearly 3 percent more than the EU average; California's home prices have dropped 34 percent since 2007, while in Europe the decline has been moderate; and, over the last three years, the collapse of California's tax receipts produced a cumulative budget deficit of about 40 percent of its revenues, more than twice that of Greece. California's politics are as gridlocked as any in Europe. Political infighting left the state without a budget for the first 100 days of this year.
Moisés Naím and Uri Dadush / Bloomberg Businessweek
Following the slim pickings in Seoul, the U.S. may soon have to choose between making hard decisions concerning its tax and spending policies or endangering a pillar of its post-war prosperity: the open, rules-based trading system which has served it so well.
Moisés Naím and Uri Dadush / The Wall Street Journal
At first glance California appears to be in the midst of an economic and fiscal crisis that dwarfs Europe's. Its unemployment rate, now more than 12%, is one of the highest in the U.S. and nearly 3% more than the EU average; California's home prices have dropped 34% since 2007, while in Europe the decline has been moderate; and over the last three years, the collapse of California's tax receipts produced a cumulative budget deficit of about 40% of its revenues, more than twice that of Greece. California's politics are as gridlocked as any in Europe. Political infighting left the state without a budget for the first 100 days of this year.
Stock markets reacted euphorically Monday to the massive rescue package announced the night before to prop up crashing European economies. Passions cooled slightly on Tuesday as the market rally halted, but still, it seemed, all was as it should be: The package agreed upon in Brussels provides Europe’s embattled economies with a much needed respite and may even save the European integration project from the disaster of several countries being forced to shed the euro. It is all good news — that is, if it works.
Does the editor of Foreign Policy magazine need to be a U.S. citizen? That was my first question in mid-1996 upon learning that the Carnegie Endowment for International Peace, the think tank that then owned the magazine, was looking for a new editor. Maybe a written or, perhaps, unwritten rule reserved the position for Americans? In most other countries, after all, it would be hard, if not impossible, for a foreigner to run an elite publication like FP. But not here: It turned out that my Venezuelan nationality was not a problem. I could apply, and to my surprise, I got the job — a job that I have decided to leave in June after 14 great years.
What’s worse: declaring war against a social problem or calling for a Marshall Plan to solve it? Both are enduring and popular metaphors. Unfortunately, both lead to bad government decisions. Public policies shaped by such thinking more often than not result in waste, blind spots, and Manichaean mindsets that limit the search for more effective approaches. Think of the long-running wars on drugs, terrorism, and cancer. The results, all too predictably, have been more confusing than the problems.