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Economics
Timothy Taylor
and MoralityEconomists may prefer to be value neutral, but many critics find fault in the relation between economics and virtue
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Asian Style
Alan WheatleyCultural products are playing an increasing role in the region’s economy as disposable incomes rise
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Labor Rewarded
Prakash Loungani profiles Christopher Pissarides, winner of the 2010 Nobel Prize for work on unemployment and labor markets -
A Broader Mandate
Luis Jácome and
Tommaso Mancini-Griffoli
Central banks are feeling pressure to expand their inflation brief to goals such as employment and growth
Read the article ► -
No Magic Threshold
Andrea Pescatori, Damiano Sandri, and John SimonThere appears to be no clear point above which a nation’s debt compromises medium-term growth
Read the article ► -
The Cost of Tying One’s Hands
Atish R. Ghosh, Mahvash S. Qureshi, and Charalambos Tsangarides
There are benefits to pegging the exchange rate—but without a flexible rate, external adjustment can be tough
ASIA REACHING FOR THE TOP
Asian Style
Alan Wheatley
Cultural products are playing an increasing role in the region’s economy as disposable incomes rise
The Future of Asian Finance
James P. Walsh
As Asia leads the world in growth, will its financial systems lead too?
Point of View: Asia’s Resilience
Zeti Akhtar Aziz
The region survived the global crisis and must now cope with a significant worldwide financial and economic transition
Governance Unbundled
Shikha Jha and Juzhong Zhuang
By focusing on the biggest hurdles to growth and development, countries in Asia are more likely to see their governance reform efforts succeed
Also in This Issue
Economics and Morality
Timothy Taylor
Economists may prefer to be value neutral, but many critics find fault in the relationship between economics and virtue
No Magic Threshold
Andrea Pescatori, Damiano Sandri, and John Simon
There appears to be no clear point above which a nation’s debt dramatically compromises medium-term growth
The Cost of Tying One’s Hands
Atish R. Ghosh, Mahvash S. Qureshi, and Charalambos Tsangarides
There are benefits to pegging the exchange rate—but without a flexible rate, external adjustment can be tough
A Broader Mandate
Luis Jácome and Tommaso Mancini-Griffoli
Central banks are feeling pressure to expand their inflation brief to include politically charged goals such as employment and growth
Not Your Father’s Service Sector
Prakash Loungani and Saurabh Mishra
Services are gaining newfound respect as the basis of modern global trade
DEPARTMENTS
From the Editor
In Brief (online exclusive)
Tackling air pollution
South Asia’s infrastructure gap
Growing greener cities
Promoting gender equality
Africa continues going mobile
Asia's small firms need financing to grow
Events in 2014
People in Economics
Book Reviews
Capital in the Twenty-First Century, Thomas Piketty
The Tyranny of Experts, William Easterly
The Road to Global Prosperity, Michael Mandelbaum