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Finance & Development
September 1, 2002
De Ferranti et al. |
The Future of Pension Reform in Latin America The Latin American countries are at the vanguard of global pension reform. Eight have reformed their pension systems in the past 20 years, and additional reforms are now being considered throughout the region. Did the earlier reforms work? What should new reforms aim for? And are the ideas driving the reforms sound?   |
Finance & Development
September 1, 2002
Aninat et al. |
Combating Money Laundering and the Financing of Terrorism Money laundering and terrorist financing can threaten financial stability and economic prosperity, adding to the gravity of the underlying crimes. The IMF, working closely with the global community, is stepping up its efforts to fight these abuses. |
Finance & Development
September 1, 2002
Nsouli & Schaechter |
Challenges of the "E-Banking Revolution" Electronic banking is the wave of the future. It provides enormous benefits to consumers in terms of the ease and cost of transactions. But it also poses new challenges for country authorities in regulating and supervising the financial system and in macroeconomic policy. |
Finance & Development
September 1, 2002
Dustin Smith |
The Truth About Industrial Country Tariffs Average tariff rates mask one important fact: the poor get hit the hardest |
Finance & Development
September 1, 2002
Peter D. Sutherland |
Why We Should Embrace Globalization For the first time, many companies are operating on a global basis. Although this change has raised fears among some people in both industrial and developing countries, it offers new and exciting opportunities for raising living standards worldwide. |
Finance & Development
September 1, 2002 |
Book Reviews The Cash Nexus: Money and Power in the Modern World, 1700-2000, by Niall Ferguson... Glimpses of Indian Economic Policy: An Insider's View, by I. G. Patel... Rainbow's End: The Crash of 1929, by Maury Klein... Integrating China into the Global Economy, by Nicholas R. Lardy... etc. |
| Knowledge@Wharton |
Hand-to-Hand Combat: Can Competitive Markets Knock Out Central Planning? Brink Lindsey's "Against the Dead Hand: The Uncertain Struggle for Global Capitalism" is a hard-hitting, richly documented defense of free markets that blames central planning for crippling an emerging global marketplace. |
U.S. Banker
September 2002
Matthew de Paula |
As Markets Wither, the Millionaire's Club is Flush The number of millionaires around the world actually looks to be growing despite drought-like market conditions. |
Fast Company
October 2002
Jim Collins |
The Secret Life of the CEO: Is the economy just built to flip? Here's the truth: The problem isn't the market's rise or fall. The problem is people who react to events, rather than seek to create something great. |
FDIC FYI
September 5, 2002 |
Corporate Earnings Growth Suggests Business Sector Recovery The recession that began in March 2001 has been termed a corporate sector recession because of pervasive weakness in the business sector. Recent earnings reports from companies in the S&P 500 index suggest that the trend of declining corporate profits may have run its course. |
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