Rwanda rising: A new model of economic development: Part 4

Several NGOs are experimenting with rural job-creation programs. What’s particularly interesting about Rwanda Community Works -- started in 2007 by Columbia University public-health professor Josh Ruxin -- is that its...

Rwanda Rising: A New Model of Economic Development (PART III)

The model for the agency is Singapore’s development board. In 2007, Kagame took a team to Singapore to study how the country turned itself from a regional trading post into...

Rwanda Rising: A New Model of Economic Development: Part 2

Another bunch of crooks. That was what Clet Niyikiza thought in 1994 as he read about Rwanda's new regime. Half-Hutu and half-Tutsi, he had left in 1983, seeing no future...

Rwanda Rising: A New Model of Economic Development: Part 1

Nobody likes to say “No, Mr. President.” So three years ago, when Costco CEO Jim Sinegal got a call from shareholder Dan Cooper, a partner in Chicago’s Fox River Financial...

Mothers should not die giving life

The United Nations Millennium Campaign is launching a report this week on maternal mortality to coincide with International Women’s Day on 8 March.

The bigger issue in Sudan

TEL AVIV – The most immediate result of the arrest warrant issued for Sudanese President Omar Hassan al-Bashir by the International Criminal Court last month was the expulsion of most...

The Vanishing Bomb

WARSAW – The agreement by the American and Russian presidents to renew strategic arms reductions has revived hope for the global abolition of nuclear arms. The urgency can hardly be...

Completing the G-20’s Agenda

NEW YORK – The near-complete collapse of financial systems worldwide has exposed fundamental weaknesses in their architecture and in how they are regulated.

Transatlantic Drift

BERLIN – On the banks of the Rhine and in Prague, NATO and the European Union will pay homage to the new American president in early April. There will be...

The IMF’s Lending Overhaul

The International Monetary Fund should be an essential port of call for emerging-market and developing countries facing financing needs. With its ability to mobilize large financial resources and buttress policy...

Scientific Capitalism

PRINCETON – To understand how we got ourselves into our current economic mess, complicated explanations about derivatives, regulatory failure, and so on are beside the point. The best answer is...

Brave new financial world

CAMBRIDGE – A huge struggle is brewing within the G-20 over the future of the global financial system. The outcome could impact the world – and not only the esoteric...

New rules for finance at last

PARIS – The World Monetary and Economic Conference took place in London 76 years ago, in June 1933, with 66 countries meeting to put an end to the unfolding monetary...

China’s Recovery and Global Growth

CAMBRIDGE – China is likely to be the first of the major economies to recover from the current global downturn. Its pace of expansion may not reach the double-digit rates...

The Ghosts of Summits Past

PRINCETON – The world is confronted by a dramatic financial crisis that many policymakers believe is more severe than the interwar Great Depression.

Global Disaster Recovery

PALO ALTO – With the global economy mired in recession and financial crisis, policymakers everywhere have launched a series of monetary, financial, and fiscal responses. Nevertheless, economies continue to contract,...

Set the IMF Free

BRUSSELS – The International Monetary Fund is back in business. During the bubble years, neither its advice nor its money seemed to be needed. But now more and more countries...

The Internet’s Immune System

NEW YORK – Viruses, phishing, spyware, spam, denial-of-service attacks, botnets! You have probably heard these words, and perhaps even suffered from what they signify, with or without knowing it.

The Transition to Sustainability

NEW YORK – The global economic crisis will be with us for a generation, not just a year or two, because it is really a transition to sustainability. The scarcity...

A Warrant of Hypocrisy

LONDON – Earlier this month, the International Criminal Court (ICC) upheld the request of the court’s chief prosecutor to issue an arrest warrant for Omar el-Bashir, the President of Sudan,...

Why investors are flocking to Rwanda

Although small, densely-populated and landlocked, Rwanda seems to be firmly in the radar of potential investors.  Why is it that investors are flocking to this country? Questions posed to some...

Blame the Economists, Not Economics

CAMBRIDGE – As the world economy tumbles off the edge of a precipice, critics of the economics profession are raising questions about its complicity in the current crisis. Rightly so:...

The Bourbons of Global Finance

ANN ARBOR, MICHIGAN – Today’s International Monetary Fund (and, to a lesser degree, the World Bank) recall Talleyrand’s description of France’s Bourbon kings: it has learned nothing and forgotten nothing.

Charity in Hard Times

PRINCETON – As I tour the U.S. promoting my new book, The Life You Can Save: Acting Now to End World Poverty, I am often asked if this isn’t the...