Posted by: anotherworldip | 01/27/2013




Dear Project Syndicate reader,
Welcome to the January 2013 newsletter, bringing you the latest news from Project Syndicate and a selection of key commentaries from the past month. This month, we are pleased to present our Year in Review 2012, as well as a new Focal Point on central banking. To keep up-to-date with all of our content, visit our Web site regularly, and follow us on Facebook and Twitter. Thank you for your continued support.


Year in Review 2012

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In Project Syndicate’s special Year in Review, the world’s leading economists, policymakers, political leaders, strategic thinkers, and public intellectuals provide an exclusive, sharp-eyed look at the last 12 months – and compelling analyses of the trends that will shape events in 2013. Commentaries include:

Nobel laureate Joseph E. Stiglitz on the risks facing the US and Europe in 2013

Japanese Prime Minister Shinzo Abe on a strategic alliance for Japan and India

Bill Gates on the dawn of developing countries’ digital empowerment

IMF Managing Director Christine Lagarde on the future global economy

Harvard Professor Michael J. Sandel on the moral limits of markets

To read the full collection of commentaries, click here.

The Year in Review is also available on iPad and Kindle.


New Model Central Banking

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After years of aggressive post-crisis monetary policy, academics and politicians are increasingly questioning central banks’ underlying economic models. In a new Focal PointProject Syndicate economists consider if monetary authorities have accomplished all that they could and should have, and if it is time for policy innovation. Commentaries include:

Stephen Roach on why quantitative easing will not save Japan

Mohamed El-Erian on monetary policy’s risky new paradigm

Kemal Dervis on whether central banks should target employment benchmarks

Raghuram Rajan on the limits of unconventional monetary policy

To read the full Focal Point, click here.


Most Recent Commentaries

Velasco, Andres

Monetary Regime Transition in the Emerging World

by Andres Velasco

SANTIAGO – Is inflation targeting – the rule that most of the world’s major central banks (though not the United States Federal Reserve) use to set interest rates – in its death throes? Many analysts seem to think so.

Mark Carney, currently Governor of the Bank of Canada, has not even taken over his new job at the helm of the Bank of England, yet he has already announced that he might change the BoE’s policy anchor. In Japan, the Liberal Democrats won December’s general election after having promised a more expansionary monetary policy. And in the US, the Fed has announced that it will keep interest rates low until unemployment reaches 6.5%…read more.


The Pope’s Dangerous Sex Appeal

by Ian Buruma

NEW YORK – Human sexual behavior can be perilous, as the ghastly rape of a 23-year-old woman by six men on a Delhi bus in December once again showed. After going to the cinema, she and her boyfriend were beaten, before she was brutally assaulted and attacked with an iron rod for more than an hour. Thirteen days later, she died from her wounds.

It is often claimed that rape is not really about sex, but about power. True enough. But it is not unrelated to sex. The sexual act is used as a form of torture, or even, in some cases, as a deadly weapon…read more.


Other Recent Commentaries


December’s Most Popular Commentaries


2012’s Most Popular Commentaries


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