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Reinvigorating the Millennium Development Goals
Regaining Momentum
Delfin S. Go, Richard Harmsen, and Hans Timmer
Progress on the Millennium Development Goals has been slowed by the crisis. The rest of the world has to help
Making a Breakthrough
Pedro Conceição and Selim Jahan
To accelerate progress toward the Millennium Development Goals, growth must happen in sectors that directly benefit the poor, such as agriculture
Time for a Rethink
Jagdish Bhagwati
It is hard to object to the Millennium Development Goals, but that doesn’t mean they lay out an effective blueprint for development
Half Empty or Half Full
Andrew Berg and Luis-Felipe Zanna
Does aid work? The net impact of aid surges depends on country-specific factors
Growing out of Poverty
Arvind Panagariya
Economic expansion reduces poverty by creating employment opportunities and making anti-poverty programs fiscally feasible
A Hidden Fiscal Crisis
Laurence J. Kotlikoff
A noted U.S. economist says debt figures seriously understate long-term budget problems in the United States
Building a Social Safety Net
Steve Barnett and Nigel Chalk
China embarks on an effort to improve both pensions and health care in the world’s most populous nation
The Long Run Is Near
Kevin Cheng, Erik De Vrijer, and Irina Yakadina
France, like many advanced economies, confronts the expensive needs of a rapidly aging population
By the Rule
Michel Camdessus and Renaud Guidée
In France, a commission proposes a rule-based framework to set the country on a path to balanced budgets
Also in This Issue
After the Supernova
Ashok Vir Bhatia
Crisis management lessons from the IMF’s assessment of the U.S. financial system
Judgment Day
S. Raihan Zamil
Changing the rules alone cannot make the financial system safe. The judgment of banking supervisors is crucial
Return to Form
Helge Berger and Martin Schindler
Germany’s economy is again Europe’s locomotive, but its export dependence is both a blessing and a curse
Departments
People in Economics
Picture This
Reducing Child Mortality
Delfin S. Go
Despite progress, mortality rates of children under age 5 remain unacceptably high
Back to Basics
Book Reviews
No Precedent, No Plan: Inside Russia’s 1998 Default, Martin Gilman
The Enigma of Capital And the Crises of Capitalism David Harvey
Crisis Economics: A Crash Course in the Future of Finance, Nouriel Roubini and Stephen Mihm
Data Spotlight
Coping with Capital Inflow Surges
Annamaria Kokenyne
In response to recent inflow surges, some emerging markets are again using capital controls
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