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Opinion

Orderly correction fortuitous

LETTER - Letter published in Thursday's edition of the London Financial Times, 25 July, from C. Fred Bergsten, Director, Institute for International Economics, Washington DC, US.

What the boss is for

ARTICLE - When Alan Greenspan, chairman of the US Federal Reserve Board, observed in a recent speech that "the CEO-dominant paradigm will likely continue to be viewed as the most viable form of corporate governance", he stepped into a minefield claimed…

The Way Ahead

ARTICLE - A Commentary by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, Far Eastern Economic Review, 25 July.

Argentine rescue

FEATURE - Next week, four wise men are off to Buenos Aires. Their mission is to help Argentina's government and the International Monetary Fund to reach agreement on a programme of economic recovery. If they are to succeed, they must inject a sense of…

French farce

ARTICLE - Jean-Claude Trichet faces new obstacles in his quest to head the ECB. Whoever said central banking was dull? asks the Economist, 18 July.

Cheap money and big risks

ARTICLE - Those who still hang on Alan Greenspan's every word should have little difficulty predicting the direction of US interest rates: the next change will be up, writes the FT in London on Thursday in an editorial.

Send for Mr Greenspan

ARTICLE - When Alan Greenspan speaks to members of the US Congress today on the economic outlook, one can only hope the Federal Reserve chairman proves a little more successful at bolstering confidence in America's shaky economy than President George W…

Crocked?

ARTICLE - Tuesday's Financial Times catches the mood of speculation on who is favourite to succeed Sir Edward George as the governor of the Bank of England with the suggestion that betting odds and horse racing may have something to do with it.

Flying blind

ARTICLE - If you had asked a group of central bankers to draw up a wish-list a decade ago, near the top would have come low and stable expectations for inflation; a financial system that was more resistant to shocks; and emerging markets less prone to…

BI to make amendments to the constitution

ARTICLE - To meet the demands of reform, the People's Consultative Assembly (MPR) have amended the 1945 Constitution. Subsequent to the first, second and third phase of amendments, a number of articles are going through amendments in the current fourth…

The costs of sterling

ARTICLE - History shows that Britain's separate currency has damaged the structure, balance and size of its economy writes David Cobham in Friday's Financial Times.

Kohler urges caution amid market volatility

ARTICLE - Horst Kohler gave an interview to the London Financial Times on Thursday in which he said that the biggest risk in today's uncertain financial markets is to "give the wrong signals and exaggerate problems so that they become a self- fulfilling…

Interview with Professor JK Galbraith

INTERVIEW - The UK's Independent newspaper published an interview with the 93 year old economist John Kenneth Galbraith on Monday. In the interview Galbraith describes the belief that central bank's can control the economy simply by tweaking interest…

Higher inflation 'all pain and no gain'

ARTICLE - "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens" - JM Keynes. Leftists often look to Keynes. So what's Finance Minister Michael Cullen's game in his…

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