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January 1, 2006
The World Bank released a report on what countries in the Middle East are planning to do with revenue streams, steming from the oil boom in the 1970's and 1980's: Oil producers are using revenue to pay down debt, build up substantial savings, and set up oil stabilization funds. However, the report notes that this windfall has not translated to some of the more resource-poor economies in the area, such as Lebanon and Morocco.
In The Closing of the American Border, Edward Alden goes behind the scenes to tell the story of the Bush administration’s struggle to balance security and openness in the wake of the September 11, 2001, terrorist attacks.
In Termites in the Trading System, Jagdish Bhagwati reveals how the rapid spread of preferential trade agreements endangers the world trading system.
America Between the Wars explores how the decisions and debates of the years between the fall of the Berlin Wall and the collapse of the Twin Towers shaped the events, arguments, and politics of the world we live in today.
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