Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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February 2, 2009
Emerging Markets
It wasn’t just the market ...
James Saft of Reuters worries that the crisis will lead to a shift away from the "Davos consensus," especially as the market’s power had pulled so many out of poverty. "the stuff underlying the Da…
April 28, 2008
Financial Markets
$120 oil and the rise of the Gulf
The Economist put the Gulf on its cover this week. It isn’t hard to see why. The Gulf was booming with oil at $ 60 a barrel. It is roaring with oil at close to $120 a barrel. Consider the follow…
May 12, 2008
Capital Flows
Sovereign Economic Development Funds ….
Sovereign funds argue that they are only interested in financial returns. And to be sure, they do care about financial returns. Losing money generally isn’t good for a sovereign fund’s long-term h…