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A Man Without a Plan

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A Man Without a Plan

NEW HAVEN – During the United States’ recent presidential election campaign, public-opinion polls consistently showed that the economy – and especially unemployment – was voters’ number one concern. The Republican challenger, Mitt Romney, sought to capitalize on the issue, asserting: “The president’s plans haven’t worked – he doesn’t have a plan to get the economy going.”

 

Is Finance Too Competitive?

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Is Finance Too Competitive?

NEW DELHI – Many economists are advocating for regulation that would make banking “boring” and uncompetitive once again. After a crisis, it is not uncommon to hear calls to limit competition. During the Great Depression, the head of the United States National Recovery Administration argued that employers were being forced to lay off workers as a result of “the murderous doctrine of savage and wolfish competition, [of] dog-eat-dog and devil take the hindmost.” He appealed for a more collusive business environment, with the profits made from consumers to be shared between employers and workers.

 

Reshaping China’s Government-Services Supply Chain

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Reshaping China’s Government-Services Supply Chain

HONG KONG – A supply chain links producers and consumers through a complex web of outsourcing contracts, with market leaders in any product category orchestrating activities to produce components profitably along its entire length. For example, an iPad is designed in California – with chips from Japan and parts from South Korea, Taiwan, and elsewhere – and finally assembled in China for global distribution. But the ecology of supply chains is not as straightforward as this depiction suggests.

 

How and Why Obama Won

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How and Why Obama Won

In my recent article, US Presidential Election 2012: WhoWill Win? I pointed out that the campaign with the greater turnout on Election Daywill win. Turnout is the key. In this piece, I will endeavor to show how the Obama team achieved this goal. Obama is the first US President since Franklin D. Roosevelt to win re-election with a failed economic record.

 

America’s Flawed Election

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America’s Flawed Election

PRINCETON – No doubt many people around the world, if not most, breathed a sigh of relief over the re-election of US President Barack Obama. A BBC World service poll of 21 countries found a strong preference for Obama everywhere except Pakistan. Joy over the election’s outcome, however, should not blind us to its failure to meet a series of ethical benchmarks for democratic choice.

 
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