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Wade McMaster
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A rich country indeed takes care of its resources, or it will surely become poor, in bad health
Commented Dec 19, 2010 on Protectionism or far-sightedness? at Dani Rodrik's weblog
Protectionism or far-sightedness?
From Bloomberg: French President Nicolas Sarkozy said the government and a state-owned lender will raise 6 billion euros ($7.6 billion) to create a sovereign fund aimed at protecting and developing the country's ``strategic companies.'' ... The creation of the fund is aimed at implementing Sark...
Haha, if only! I'd love to sell a healthy, fit animal for that kind of money!
Commented Dec 19, 2010 on The world of finance, briefly explained at Dani Rodrik's weblog
The world of finance, briefly explained
From Michael Lewis' captivating essay on Iceland's financial collapse: You have a dog, and I have a cat. We agree that they are each worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners, but Icelandic banks, with a bi...
The world is changing at a fast rate every year, quite shocking to see the human evolution.
Commented Dec 19, 2010 on Shleifer the (counter-)revolutionary at Dani Rodrik's weblog
Shleifer the (counter-)revolutionary
Whenever I see Andrei Shleifer, he asks me how the revolution is going. He has in mind of course the kind of views I espouse in this blog, which he considers heretical. But Andrei is promoting his own counter-revolution, one that enshrines the last quarter century as the age of Milton Friedman. ...
As they say - ignorance is bliss, you may not want to know, but know is better for your future health
Commented Dec 19, 2010 on More than you ever wanted to know on CO2 emissions at Dani Rodrik's weblog
More than you ever wanted to know on CO2 emissions
Want to know how much CO2 is emitted by the power plant across town, and how it compares to the one in the city you are planning to move? The Center for Global Development has just launched a web site that will tell you exactly that. In fact, the site has emissions data for every single power p...
It's hard not be frustated about his sort of thing, the weight of the situation is hard to deal with..
Commented Dec 19, 2010 on Thinking about governance and getting a headache at Dani Rodrik's weblog
Thinking about governance and getting a headache
What should a World Bank economist know about governance and growth? That was the intriguing question with which Brian Levy entrapped me into writing a short note on governance. (To my credit, I was not the only one so gullible: he managed to rope in Daron Acemoglu, Francis Fukuyama, Doug North...
As someone who invest in property locally, i find it difficult to remind myself that there are opportunities overseas, perfect for any investor. Articles like this remind you to expand your horizons and build some more financial muscle.
Commented Dec 19, 2010 on How to invest in Africa, really quickly at Dani Rodrik's weblog
How to invest in Africa, really quickly
Our Center for International Development launched its new Empowerment Lab with a conference yesterday, and one of the most interesting new social entrepreneurship initiatives I learned about is something called MyC4.com. This is a web-based platform that allows you to look up a list of African ...
I'm glad to see countries trading slowly returning to good health since the GFC. Its bound to happen. nice article by the way!
Commented Dec 19, 2010 on Trade and the great divergence at Dani Rodrik's weblog
Trade and the great divergence
Opening up to international trade raises the return to skills in advanced economies and reduces it in the less advanced ones, according to the standard factor-endowments story. If human capital accumulation in turn depends on these returns to skills, trade should enhance human capital accumulati...
The only way to get things back into good shape is to take action, we can only affect our own situation with our own actions.
Commented Dec 19, 2010 on Your crisis, my crisis at Dani Rodrik's weblog
Your crisis, my crisis
David Leonhardt attributes the following thought to Larry Summers: "any system that created the Mexican peso crisis, the Asian financial crisis and the current troubles needs to be changed." I couldn't agree more. But I also cannot help but recall that at the time of the Mexican and Asian crise...
It's that slide from male to female that has been happening slowly in the workforce. As women are being treated lass like stay-at-home wives and being able to take charge.have a good career, stay in shape, be healthy and look after their families.
Commented Dec 19, 2010 on Good news on the gender gap front at Dani Rodrik's weblog
Good news on the gender gap front
by Ricardo Hausmann, guest columnist We are all so affected by bad news on so many fronts – rising global inequality, a looming economic crisis, a warming planet, etc. – that we seldom take the time to savor the good news when they happen. According to the latest gender related statistics publis...
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