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[Scienceblog.com] Science Blog -- HIGH DEBT BURDENS CONTINUE TO BE CRITICAL OBSTACLE ...: MWAKAWAGO (United Republic of Tanzania), speaking on behalf of the Southern African Development Community (SADC), said that as Africa, particularly SADC countries, moved towards fully implementing the WTO rules on commodities, it was necessary that a package of financial and technical assistance be instituted to assist them in building capacity and improving their trade performance. At the same time, a higher level of cooperation would enable the countries of the region to more effectively address problems on national development and to cope with the challenges posed by a changing and increasingly complex regional and global business environment.
[Rgemonitor.com] RGE - Read Barry Eichengreen: under which You may use all RGE Monitor Web Logs (RGE Blog Sites), an online service to post and search ideas on global macro and geostrategic information, an online community designed to facilitate valuable professional and personal networking among its users based on common experiences and interests ("RGEMonitor.com" or "Web Site").
[Lahore School of Economics] Intergovernmental Resource Transfers: Prospects... : The vertical imbalances in the budgets of the three tiers of government could be rectified by reassigning taxation authority downward to the provincial and local governments, which could also be supported on grounds of better fiscal accountability and greater autonomy of provinces, but the 1973 Constitution does not follow that route because it will increase regional economic disparities and erode federal cohesion. The latter because fiscal capacities of provinces (and also districts) are diverse, devolving taxation authority will result in growing differences in public revenues and service delivery between the provinces (and districts).
[Economist's View] Krugman: Will There Be a Dollar Crisis?: One occasionally hears assertions that this redistribution of world spending can lead to the required change in trade deficits without any need for a change in real exchange rates - a view John Williamson once felicitously described as “the doctrine of immaculate transfer.” In fact, a redistribution of world spending will require a fall in the relative prices of U.S.-produced goods and services, because U.S. spending falls much more heavily than the spending of other countries on those U.S.-produced goods and services. So there must, eventually, be a real depreciation of the dollar.
[Dude, where's the beach?] Good News From Iraq - January 2006: Since 2004, DePaul University College of Law, one of the five U.S. partner universities, has worked to advance and reform Iraq's legal education, bringing a new emphasis on rule of law, curriculum reform, clinical education, and library and education technology. Throughout the program, HEAD/DePaul provided seminars for professionals and academics on post-conflict justice, facilitated training programs and workshops on curriculum reform, and established moot courts in three different major university law schools, giving students the opportunity to try their skills at writing and presenting briefs before a judge in a simulated session.
[Stray Reflections] Understanding the World Bank’s Plans for G... : WDR 2000 was quite unable to foresee the Seattle debacle - this reminds one of the IMF reports endorsing the financial policies of Thailand and South Korea in mid 1997. Despite the World Bank’s pretensions to incorporate political factors in its analysis there is no understanding of political dynamics in the West or in the Third World in its research reports.
[A Daily Briefing on Iran] Iran's Third Development Plan: An Appraisal: State bureaucrats in the Foreign Investments Organization (who are seldom reprimanded for exaggerating their achievements) usually add together a number of different figures - simple expressions of interest by foreign investors, filings of required applications, memoranda of understanding between local and foreign parties, approved projects by relevant authorities, and actual flows of funds -to come up with billions of dollars.53 The amount invested on the ground, however, is always a small portion of these claims.54 Annual reports of UNCTAD, the most reliable source of global foreign investments, perennially place Iran at the very bottom of its list, in position 136 out of 140 countries in 2003, down from 132 in 2000. According to the latest Economist Intelligence Unit survey, during the 2000-04, the Islamic Republic was forty-fourth among 60 countries in terms of economic risk.55 The Business Monitor International considered the Islamic Republic the secondriskiest country in Asia.56 Other relevant foreign organizations (OECD, the French Foreign Ministry) also show a rather dim picture.
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