Category Archives: Burkina Faso

Euro Zone Economy Skirts Recession – NYTimes.com

The Greek economy has shrunk by more than a quarter since 2008, and continued to plunge at the beginning of the year without adjusting for seasonal effects, although at a slower velocity. While Greece’s official statisticians do not make such … Continue reading

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Euro drops, and so does the Franc CFA, the West African currency, tied to the euro

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What if Greece leaves the eurozone? Nice article by AP

FRANKFURT, Germany — Let Greece go. It’s a possibility that’s being considered more and more publicly in Europe.There have been two and a half years of bailouts and broken promises by Greece to reform. The result: a fifth year of … Continue reading

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I hope those star economists will donate to FAVL!!!

Established or not, economists are hot commodities. Last year, the average starting salary for new assistant economics professors was nearly $112,000 – the highest ever in inflation-adjusted terms and one of the highest across academic departments, according to the American … Continue reading

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Slowdown in growth in China? Trend or blip is the question

Exports, a cornerstone of China’s torrid economic growth over the past three decades, grew only 4.9 percent last month — half as fast as economists had expected. And a slump in new orders over the past month at the Canton … Continue reading

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Replication data for Michael Ross Oil Islam and Gender

Is available here.

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Michael Ross … Oil, Islam, and Gender on Vimeo

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Oil, Islam, and Women … Michael Ross

A nice discussion of the issues… Last year we had a by Monkey Cage standards vigorous debate about Michael Ross’ American Political Science Review article “Oil, Islam, and Women.” Ross argued that poor progress towards gender equality in the Middle … Continue reading

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Finally a way in R to create a simple table of means

with(datasetname, tapply(analysisvariable , list(rowvariable , columnvariable ), mean)) and also after installing reshape and plyr packages: library(reshape) cast(bill1, female ~ competitive , value = ‘score2’, fun = mean)

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The famous sterling devaluation of 1992

Wikipedia has a nice discussion of Black Wednesday.

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Nothin like a good old-fashioned devaluation when you are teaching international economics…

BBC News – Malawi devalues kwacha by 33%, leading to panic-buying The kwacha was devalued as part of moves by the new government to restore donor funding.The former government had rejected IMF calls to devalue the currency.Our reporter says that … Continue reading

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Will one-way bet capital inflow destabilize Chinese financial system?

Is this still the main “danger” facing the renmimbi? Measures to suppress volatility may encourage speculators to all line up on one side of the market, at present the side anticipating further appreciation, subjecting the economy to worrisome capital inflows … Continue reading

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Econbrowser: Thinking about the Double Dip Recession in the UK

The first courses in our training were identical, and so of course I have to agree with Menzie (since that was it for me!) writing about what explains lackluster U.K. performance: I believe the data are not puzzling from an … Continue reading

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Land dispute in Tanghin-Dassouri

I have a special place for the village/town of Tanghin-Dassouri just outside of Ouaga because it is home to the lovely (but closed) Louis Lacaille library.  The town seems like it has a lot of political problems, in evidence in … Continue reading

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BBC News – Africa’s share of foreign direct investment largest ever

Africa received its largest ever share of global foreign direct investment FDI last year, an Ernst and Young survey has said.FDI projects grew by 27% in 2011, pushing Africa’s share of the world’s investment to almost a quarter.FDI inflows, now … Continue reading

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Spring Book of the Quarter at Santa Clara University

I hope the panelists take a critical perspective not just an inspirational one.  I have not read the book… is that wrong? (Kristof is regularly excoriated, often for good reason, by many, including Wronging Rights). Half the Sky:  Turning Oppression … Continue reading

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My thoughts on revising SCU MBA Core Curriculum…. in area of “analytics”

I shared this with my colleagues… the quote going around is that it is “easier to move a cemetery than to change a university curriculum”… LOL. There are a lot of topics that the analytics theme embraces (think about all … Continue reading

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Alex Field at Legatum Institute

My colleague Alex Field spoke a couple weeks ago at the Legatum Institute in London.  Here’s what they had to say about his work: His book, A Great Leap Forward, is a re-examination of the history of US economic growth … Continue reading

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Lydia and Heroes

My kids and I have been watching Heroes over the past two months.  It is so much better than the television I watched in Puerto Rico growing up (Kojak, Petrocelli, Mannix, Hawaii 5-0, Luis Vigoreaux Presenta, etc.).  We are enjoying … Continue reading

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Nairu lately

                Brad DeLong posted this image today, perhaps copies from paper by Christina Romer, and since we were talking about NAIRU in class on Thursday….

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