Finance & Development, December 2012

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Finance & Development, December 2012
- From the Editor: March of the Billionaires: The Art of Giving
- In Brief
- People in Economics: A project in Every Port
- Good Works: Can philanthropy and social entrepreneurship step in where official aid leaves off?
- Every Which Way We Can: Philanthropy and private investment are increasingly important in the global fight against poverty
- Learning Laboratory: Social entrepreneurship offers innovative cost-effective development solutions
- Point of View: The Power of Cooperation: Networks of creative collaboration can transform lives
- Picture This: Investing in People: A new study says the global recession underscored the importance of education
- China Prompting Western Creativity: Chinese manufacturing exporters are capturing low-skill production but driving high-skill innovation in the West
- When Commodity Prices Surge: A price spike is likely to have more impact on countries with already high inflation levels and weak institutions
- Spend or Send: Developing countries can spend commodity windfalls on physical investment, but it may be better in the short run to distribute part of them to their citizens
- Back to Basics: What Is LIBOR?: The London interbank rate is used widely as a benchmark but has come under fire
- Fair Share: Fighting income inequality with redistributive social spending has been more effective in advanced than in developing economies
- Straight Talk: Rethinking Sustainable Development: A new development agenda needs to be truly global, relevant to all, and realistic in assigning responsibilities
- A Relative Question: The developing world is reevaluating what it means to be poor
- Data Spotlight: Ballooning Balance Sheets: Major central banks have been injecting liquidity to contain the effects of the global financial crisis
- Sheltered from the Storm: Europe’s central, eastern, and southeastern countries have been largely insulated from the ongoing euro area crisis, but that could change quickly
- Reconfiguring Growth: To stimulate growth, the euro area must combine aggressive structural reform and policies to promote demand
- Japanese Youth Speak Out: Winning essays by Japanese university students
- Book Reviews
- Index of 2012 Articles Volume 49