QEThird, the foreign-exchange channel of QE transmission – the currency weakening implied by monetary easing – is ineffective if several major central banks pursue QE at the same time. When that happens, QE becomes a zero-sum game, because not all currencies can fall, and not all trade balances can improve, simultaneously. The outcome, then, is “QE wars” as proxies for “currency wars.” persisten..
TED Links to the Development Videos Hans Rosling : New insights on povertyhttp://www.ted.com/talks/hans_rosling_reveals_new_insights_on_poverty.html Esther Duflo quoted: "There’s no silver bullet. You cannot helicopter people out of poverty."http://www.ted.com/talks/esther_duflo_social_experiments_to_fight_poverty.html?quote=708 Jacqueline Novogratz: A third way to think about aidhttp://www.ted...
죽은 식물과 동물의 냄새가 내 얼굴에 배어 있다 조금만 햇빛을 쬐어도 슬픔이 녹색플랑크톤처럼 나를 덮는다 - 인공호수, 진은영
인포그래픽 :http://www.guardian.co.uk/business/interactive/2012/oct/17/eurozone-crisis-interactive-timeline-three-years Euro sinks to four-year low as Hungary fears being the next Greece http://www.guardian.co.uk/world/2010/jun/04/euro-sinks-hungary-debt-crisis Greek debt crisis: Europe feels shockwaves as bailout faltershttp://www.guardian.co.uk/business/2010/apr/28/greek-debt-crisis-europe-bailout ..