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The Fed's Irresponsible Move

The 2001 rate cuts caused the bubble that is now a crisis. Here we go again.

Author: Katsenelson, Vitaliy N.
Product Type: Magazine / Newspaper Articles
Source: BusinessWeek
Publication Year: 2007

[This document has not yet been rated] 815 views

I've seen this movie before, and it doesn't end pretty. That's what I thought on Sept. 18 when Federal Reserve Chairman Ben Bernanke took the road so often traveled by his predecessor, Alan Greenspan, and threw the financial markets a sop in the form of a big cut in interest rates. It was clearly what the markets wanted, as the immediate 336-point jump in the stock market confirmed. But popular decisions are not always the right decisions...

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The Global Economy: The Turning Point

Does the latest financial crisis signal the end of a golden age of stable growth?

Author: The Economist
Product Type: Magazine / Newspaper Articles
Source: The Economist
Publication Year: 2007

[This document has not yet been rated] 1102 views

IF ECONOMICS were a children's tale, a long period of rising incomes and improving living standards would always be followed by a big, bad recession. Rising unemployment, falling spending and contracting output—such is the inevitable reckoning for the good times of plentiful jobs and abundant earnings that went before. The hangover needs to be commensurate with the party. No country has had it quite so good as America. For the past 20 years or more its economy has managed an enviable combination of steady growth and low inflation...

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In Defense of Globalization

Author: Bhagwati, Jagdish
Product Type: Books / Book Chapters
Source: Oxford University Press
Publication Year: 2007

[This document has not yet been rated] 623 views

This book argues that globalization, when properly governed, is in fact the most powerful force for social good in the world today.

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Our Intangible Riches

World Bank economist Kirk Hamilton on the planet's real wealth

Author: Bailey, Ronald
Product Type: Magazine / Newspaper Articles
Source: Reason Magazine
Publication Year: 2007

[This document has not yet been rated] 1092 views

Oil, soil, copper, and forests are forms of wealth. So are factories, houses, and roads. But according to a 2005 study by the World Bank, such solid goods amount to only about 20 percent of the wealth of rich nations and 40 percent of the wealth of poor countries...So what accounts for the majority? World Bank environmental economist Kirk Hamilton and his team in the bank's environment department have found that most of humanity's wealth isn't made of physical stuff. It is intangible...

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Sustainable Development

University of Wisconsin-Madison: ENV 900 Sec 003

Author: Vargas, Alberto
Product Type: Syllabi
Source: University of Wisconsin-Madison, School of Business
Publication Year: 2007

[This document has not yet been rated] 1407 views

This interdisciplinary graduate seminar has four main objectives: 1) review core concepts and history of sustainable development; 2) introduce students to innovative frameworks to sustainable development, including institutional analysis, common-pool resource management, and the often overlooked cultural, and psychological underpinnings of environmental decision–making; 3) analyze case studies and examples through the lens of the frameworks presented; 4) provide a forum for graduate students to present their own research interests and examples regarding sustainable development.

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Aguas del Tunari in Bolivia: The Water War

Author: von der Porten, Suzanne
Product Type: Research Notes / Working Papers
Source:
Publication Year: 2007

[This document has not yet been rated] 2747 views

In February and April of 2000, tens of thousands of citizen protesters seized the streets of their home city Cochabamba, Bolivia to protest the privatization of their water and sewer system by Aguas del Tunari, a subsidiary of US-based Bechtel Corporation...

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Heading for the Rocks: Will Financial Turmoil Sink the World Economy?

Author: The Economist
Product Type: Policy and Issue Reports
Source: The Economist
Publication Year: 2007

[This document has not yet been rated] 875 views

The shock waves of the subprime mortgage crisis are still being felt in financial markets around the world. But what is the likely longer-term impact on the global economy?

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Preparing to be the Stakeholder Relationship Manager: The Case of Wal-Mart

Authors: Scully, Maureen; Roberts, Alex
Product Type: Teaching Modules
Source: The Aspen Institute Center for Business Education
Publication Year: 2007

[This document has not yet been rated] 15418 views

This Teaching Module now includes a Teaching Note for Faculty. The job description for Wal-Mart's recently created "Senior Director for Stakeholder Management" seeks "an innovative, out-of-the-box thinker" who can work on the company's commitments in areas including labor and wages, health care, product sourcing, and the environment. Are business schools today training leaders who could fill this role?

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India's Rural Poor: Why Housing Isn't Enough to Create Sustainable Communities

Author:
Product Type: Magazine / Newspaper Articles
Source: Knowledge @ Wharton
Publication Year: 2007

[This document has not yet been rated] 1214 views

India's desire to become the world's next big economic power is as real as the enormous challenges it faces in raising the social and economic well being of its rural populations...

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Biofuel Seen as Boost for Poor Farmers

Author: Aslam, Abid
Product Type: Magazine / Newspaper Articles
Source: IPS
Publication Year: 2007

[This document has not yet been rated] 838 views

The world's rural poor could benefit from a boom in fuel wrung from crops, despite worries that an accompanying surge in food prices could result in more hunger, say environmental and food experts...

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