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International Economic Crisis

Diversify, Diversify, Diversify

Otaviano Canuto | Posted 08.22.2011 | World
Otaviano Canuto

When we talk of diversification, it's not only diversification of products but also of markets. The greater variety of products a country can export, to a greater array of clients, the less vulnerable it will be to external shocks.

Romania Becomes Third Eastern EU Country To Be Bailed Out

The Guardian | David Gow | Posted 05.25.2011 | World

The European Union, IMF and World Bank today bailed out Romania with a €20bn (£18.5bn) loan in return for severe cuts in public spending and wages....

Yale Professor Argues For Global Monetary Authority

Economix | Catherine Rampell | Posted 05.25.2011 | Business

Jeffrey E. Garten, a professor at the Yale School of Management, had a piece in The Financial Times last week arguing for the need for a Global Moneta...