Putting public debt on a sustainable path, say, stabilizing its ratio to the size of the economy by mid-decade and then lowering it gradually, requires a fiscal adjustment whose size and scope depends on two key variables.
Nearly every donor country has a similar set of priorities: improve agricultural development, train the police, develop the energy sector, improve health care -- and, quite frankly, many are tripping over each other as they attempt to help Afghans.
Without reforms, we will not see improvement in peace efforts. Untold billions of dollars will continue to be lost and wasted and incredible humanitarian disasters will continue to unfold. It does have to be this way.
A U.S. citizen from Texas, Hassan Touray is being incarcerated in the notorious Mile 2 Prison in The Gambia, Africa. He went home to The Gambia to help. His altruism, however, has led to his imprisonment.
The classic safe-haven investment has seen a strong uptrend in value since the autumn of 2008. Various factors have been credited as drivers of this move, but what is the risk gold could lose its luster?