Friday, November 18, 2011

YaleGlobal Newsletter

 
YaleGlobal Online

Painful Euro Crisis and Lessons for the World – Part I

As the world watches, Europe battles to contain burgeoning debt and restore confidence




World Anxious as Iran Inches Toward Nuclear Bomb
The global community plots counter measures as the IAEA confirms Iran's nuclear weapon plans




That Used to Be Us
Thomas. L. Friedman explains the reasons for the slow decline of the United States, especially American failure to adapt to the hyper-connected world it helped to create, and also the path to recovery. Click Here for Transcript



The Modern World-System IV: Centrist Liberalism Triumphant, 1789-1914
Immanuel Wallerstein writes a history of modern world development. Volume IV spans 1789 to the First World War and analyzes the period's evolving politics and industrial systems along with competing responses of conservatism, socialism, radicalism and liberalism.



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Painful Euro Crisis and Lessons for the World – Part II

While overspending and giving citizens a false sense of prosperity, leaders of wealthy governments anticipated future economic growth to resolve all imbalances. This YaleGlobal series analyzes how the debt crisis unfolding in Europe may offer lessons for the rest of globe. A relatively small group of banks and investors control substantial global revenue, explains researcher Joergen Oerstroem Moeller in the second and final article of the series, and creditors naturally want to protect and further increase profits on their investments in sovereign bonds. Creditors will likely favor Europe's strategy for addressing the debt crisis – imposing austerity programs while raising taxes....

More News...

Russian Industries May Rile WTO by Undermining Trade Pledges
Bloomberg Businessweek, 18 November 2011
Oil and gas industries are ready; farmers and manufacturers seek time-out

The Arab Past Meeting the Arab Future
David Ignatius
The Daily Star, 17 November 2011
To be on the right side of history, Hamas must renounce violence

Europe Close to Creating "Budget Tsar"
Joshua Chaffin
The Financial Times, 15 November 2011
Plan would let one commissioner block spending; some member states fear dwindling power

Obama and Asia's Two Futures
Yuriko Koike
Project Syndicate, 15 November 2011
Obama plays referee in the Asia-Pacific

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