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| Author: | Manuel Hinds, Former Salvadoran Finance Minister |
|---|
July 2005
This is the tale of what happened to Dema Gogo, ruler of a poor country in an underdeveloped area of the world, when he discovered that he could issue his own currency. The tale starts with a conversation he had with the Devil himself, the day after his inauguration as President of the Republic. Drinking a glass of cognac and smoking a Cuban cigar on the veranda of the Presidential Palace, enjoying the sight of the luscious tropical plants that grew in the garden one floor below, he was pondering what he could do to assure his re-election five years down the road. He had many ideas but no money. It was in that placid moment that he saw a familiar character approaching him.
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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Copyright 2008 by the Council on Foreign Relations. All Rights Reserved.
