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International Economics
As the Obama administration formulates policies for Asia, it should make a trans-Pacific vision for regional integration a clear and central U.S. priority.
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Aid money from the United States to Pakistan should be distributed through a Pakistan Marshall Plan.
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There is no currency advantage to be gained by borrowing in U.S. dollars to fund the purchase of U.S. dollar-denominated assets.
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In this poor economic environment, trade protectionism should be seen as a threat to prosperity, in Australia and around the world.
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The 2009 Legatum Prosperity Index found that while Hong Kong and Singapore show strong economic fundamentals, in terms of noneconomic variables such as health, personal freedom, and social capital, these countries need improvement.
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Judging by the all too many economic flashpoints around the globe, the Australian Reserve Bank's bet on a V-shaped global recovery would seem to be anything but a sure thing.
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India's democratic institutions, freedom, and social capital rank it thirty places above its rival China in the 2009 Legatum Prosperity Index.
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The last thing countries like Spain, Ireland, Greece, Italy, and Portugal need is a strong currency at a time when they are trying to redress their highly compromised public finances in the midst of severe economic recessions.
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For prosperity in Africa, what is needed is a holistic approach that focuses on the building blocks that empower Africans to help themselves.
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In blogoyears, it has seemed like a lifetime since President Obama culminated his historic campaign with a decisive victory. But in reality, it was only a year ago.
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