Finance and Development, December 2013

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Finance & Development, December 2013
- From the Editor: Beetle Mania
- In Brief
- People in Economics: The Pragmatic Idealist
- Dawn of a New System: An eminent trade economist worries that the global trading system is at risk of degenerating into a series of regional agreements
- Global Banking Regroups: The global financial crisis has prompted increased scrutiny of the risks and benefits of international financial services, especially international banking
- Smart Trade: The cross-border flow of intellectual property comes under 21st century economic scrutiny
- Adding Value: Companies have split the production of goods and services among many countries, creating supply chains that reduce overall costs
- Who Let the Gini Out?: Capital account liberalization and fiscal consolidation confer benefits but also lead to increased inequality
- An Achilles’ Heel: Inequality threatens Asia’s growth miracle
- A Fair Assessment: Property taxes are an effective but unpopular way to reduce inequality
- Picture this: Global House Prices Inching Up - The housing market is recovering, but real estate in many countries is still overvalued
- New Money: Introducing a new currency is a complex process—one that Turkmenistan completed successfully
- Back to Basics: What Is a Price? - Maybe more than one bargained for. The answer varies depending on the transaction
- Transparency Matters: The more forthcoming countries are, the more they can resist the ups and downs of global financial conditions
- Voting and Volatility: In low-income countries, heavy government spending before elections is often followed by debilitating austerity
- Under Pressure: Good management of a resource discovery needs informed citizens and informed governments
- Book Reviews
- Index 2013 Volume 50