Category Archives: Economic Conditions and Trends
Way of the World: Some Cracks in the Cult of Technocrats
In the wake of a global crisis that technocrats both helped cause and failed to predict, there are sound reasons not to rely on technocratic solutions.
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World Briefing | The Americas: Argentina: Increases of Cash Handouts to Poor
Argentina’s president, Cristina Fernández de Kirchner, has announced increases of as much as 35 percent in cash handouts to the poor, students, pregnant women and retirees.
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Britain Must Do More for Economy, I.M.F. Warns
The International Monetary Fund said that recent economic data were “encouraging” but did not point to a sustainable recovery in the near term.
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Square Feet: Ambitious Paris Project Takes Shape in the Suburbs
The 133-acre Clichy Batignolles, named for the adjoining neighborhoods in northwest Paris, will include offices, housing, a park and a court complex.
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In Europe, a Fed President Urges Quantitative Easing
James Bullard, a member of the Federal Reserve’s policy committee, warned Europe of becoming trapped in the economic stasis from which Japan is only now emerging.
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Hope in Japan That Shinzo Abe’s ‘Abenomics’ May Be a Cure
Prime Minister Shinzo Abe’s economic shock therapy, which combines a flood of cheap cash, fiscal stimulus and deregulation, is getting early results.
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India Ink: India and China Sign Deals on Economic and Cultural Cooperation
Close on the heels of a border dispute, the two countries signed eight new deals in New Delhi on Monday.
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In a Journey on a Crumbling Railway, a Picture of a Nation’s Troubles
A journey across Pakistan’s crumbling railway presents a picture of the country’s troubles: natural disasters and hardened insurgencies, abject poverty and feudal kleptocrats, and an economy near meltdown.
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Pakistan, as Seen Through Its Railways
At every major stop on the long line from Peshawar to the turbulent port city of Karachi lie reminders of why the country is a worry to its people, and to the wider world.
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