Daily Policy Digest

International Issues

SOVEREIGN DEBT: GREECE AND CALIFORNIA

California will likely have less leverage with its federal government than Greece has with the European Community, says Bob McTeer, a former President and CEO of the Federal Reserve Bank of Dallas...

SINGLE EUROPEAN CURRENCY: SINGLE EUROPEAN DISASTER

The reason why a single currency works for America is precisely the reason why it won't work for Europe, say observers...

SOCIALISM KILLS: THE COST OF DELAYED ECONOMIC REFORM IN INDIA

India's socialist era, which claimed it would deliver growth with social justice, delivered neither, says researcher Swaminathan Aiyar...

GIVERS AND MISERS

The United States is either the top donor or among the largest to most of the multilateral operations now focused on Haiti, says columnist Claudia Rosett...

ENGLISH CRAZE HIGHLIGHTS CHINESE AMBITIONS

China may already have more English speakers than India, according to the British Council...

CZECHS LEGALIZE CANNABIS

The Czech government has decriminalized the cultivation and possession of Cannabis by individuals...

ISRAEL'S LIVELY START-UP CULTURE KEEPS ECONOMY THRIVING

With fewer people than the state of New Jersey, Israel has more companies on the tech-oriented NASDAQ than any country outside the United States -- more than all of Europe, Japan, Korea, India and China combined, say authors Dan Senor and Saul Singer...

THE WAL-MART EFFECT

Wal-Mart's debut in a country is a bellwether for future growth, say observers...

THE BIG MAC'S CURRENCY LESSON

Debasing one's currency makes a country poorer, not richer, say observers...

THE END OF ENTITLEMENT

The United Kingdom could do four things to reform its welfare system, say observers...


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