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Markets and Predictability

12.23.2005
Free markets work, was the message relayed by Federal Reserve Board Chairman Alan Greenspan recently. "On average, world standards of living are rising in large part because of the widening embrace of competitive free markets, especially by populous and growing China and India," he said. and Open an...

Declining Trust and Russia’s “Miracle”

12.21.2005
Citizen's trust in governments, international institutions, and companies continues to decline, shows a new WEF survey conducted in 20 countries. Some interesting findings: Trust in companies is falling in developed countries, yet in some developing economies (China, Nigeria, Kenya, Indonesia, and...

Latest on WTO Talks

12.21.2005
The Economist takes a critical look at the recent WTO meeting in Hong Kong. The meeting's most notable accomplishment was that it did not collapse as previous gatherings had in Seattle, in 1999, and Cancún, in 2003. The main new achievement was to agree on a date, the end of 2013, for the elimina...

Rights vs. Reality in Uzbekistan

12.21.2005
The Uzbek Constitution and its law "On Education" grant everyone the right to seek higher education. Educational establishments, according to the Law, can be public or private, provided that the organization is licensed. It is a surprisingly liberal policy for a government that has become increasing...

Corruption or Death?

12.21.2005
Recent economic liberalization and expansion has brought China face to face with a new issue that threatens to undermine much of the progress made over the last five years – corruption. In November, the Los Angeles Times reported on the estimated one million illegal land seizures that took place i...

Interview with CIPE’s Pakistan Country Director

12.20.2005
I wanted to highlight a recent interview with Moin Fudda, CIPE’s country director in Pakistan. The interview appeared in the weekly magazine “Investors” published by The International News, which Moin describes as the largest circulation international daily in Pakistan. The article...

Reorganizing U.S. Foreign Aid

12.14.2005
The Financial Times (London) reported on December 12, 2005, that the Bush administration is planning to implement one of the most sweeping changes to the US foreign aid apparatus in the last 40 years. As part of this reform, the U.S. Agency for International Development (USAID) could become a branch...

International Anti-Corruption Day 2005

12.12.2005
On Friday, December 9, the world celebrated International Anti-Corruption Day. Transparency International Poll released on Friday showed widespread public alarm about corruption. Said Huguette Labelle, Chair of Transparency International: "Today's survey shows that people believe corruption is deepl...

Better Governance and Increased Competitiveness

12.06.2005
Do boards of directors have a much more important role to play in developing economies than they do in developed ones? “Yes!” says a new article by McKinsey Quarterly (subscription only). The reason is straightforward – weak institutions. In developing economies, external instituti...

Businesswomen as a force for change

12.02.2005
Two Saudi Women Win at Jeddah Chamber Elections Two Saudi businesswomen [Lama al-Suleiman and Nashwa Taher] swept to an unprecedented victory in elections to the board of the Jeddah Chamber of Commerce and Industry in the first polls in which women stood as candidates in the conservative Muslim king...
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