esson 8-Glo 's Dual Power Part Two Backgroumd Iformation W BTL E ENTER
W B T L E Lesson 8—Globalization’s Dual Power Part Two ENTER
Lesson 8-Globalization 's Dual Power Background Information Contents I. Author Robert samuelson II. The Asian Financial Crisis III. The European Union IV. The World Bank V. The World Trade Organization W BTL E BAC
W B T L E Lesson 8—Globalization’s Dual Power I. Author—Robert J. Samuelson II. The Asian Financial Crisis III. The European Union IV. The World Bank V. The World Trade Organization Background Information
esson 8-Glo 's Dual Power . Author Robert J, samuelson Samuelson is a 1967 graduate of Harvard University with a B.A. in government Based in Washington, D.C. Samuelson began his journalism career as a reporter on The Washington Posts Business Desk in 1969. After four years he left the paper to freelance. He has been published by The Sunday W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power Robert J. Samuelson Samuelson is a 1967 graduate of Harvard University with a B.A. in government. Based in Washington, D.C., Samuelson began his journalism career as a reporter on The Washington Post's Business Desk in 1969. After four years he left the paper to freelance. He has been published by The Sunday I. Author To be continued on the next page
esson 8-Glo 's Dual Power . Author Times (London The los Angeles Times, The New Republic and The Columbia journalism review Samuelson joined The National Journal as an economics correspondent in 1976 and began writing the" Economic Focus column. He became a contributing editor in 1981 and left the magazine W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power Times (London),The Los Angeles Times, The New Republic and The Columbia Journalism Review. Samuelson joined The National Journal as an economics correspondent in 1976 and began writing the "Economic Focus" column. He became a contributing editor in 1981 and left the magazine I. Author To be continued on the next page
Lesson 8-Globalization 's Dual Power . Author in 1984. Robert Samuelson joined Newsweek as a contributing editor in 1984, and has become one of the magazines most recognized writers for his biweekly columns analyzing and reporting socioeconomic issues. In addition to his newsweek column, samuelson writes a W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power in 1984. Robert Samuelson joined Newsweek as a contributing editor in 1984, and has become one of the magazine's most recognized writers for his biweekly columns analyzing and reporting socioeconomic issues. In addition to his Newsweek column, Samuelson writes a I. Author W B T L E To be continued on the next page
esson 8-Glo 's Dual Power . Author biweekly column which appears in The Washington Post, The LOs Angeles Times, The boston Globe and other papers. The Awards Samuelson has earned many journalism awards, including the 1993 John Hancock Award for best Business and Financial Columnist and the 1993 Gerald W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power biweekly column which appears in The Washington Post, The Los Angeles Times, The Boston Globe and other papers. The Awards Samuelson has earned many journalism awards, including the 1993 John Hancock Award for Best Business and Financial Columnist and the 1993 Gerald I. Author To be continued on the next page
Lesson 8-Globalization 's Dual Power . Author Loeb award for best Commentary. Samuelson earned the National Headliner Award for Feature Column on a single Subject in both 1992 and 1993. He received another national Headliner Award in 1987 for Best Special Interest Column, and the Gerald loeb award for Commentary in 1986. W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power Loeb Award for Best Commentary. Samuelson earned the National Headliner Award for Feature Column on a Single Subject in both 1992 and 1993. He received another National Headliner Award in 1987 for Best Special Interest Column, and the Gerald Loeb Award for Commentary in 1986. I. Author To be continued on the next page
Lesson 8-Globalization 's Dual Power . Author He was named a loeb finalist in 1988 for his columns on the october 1987 Wall street crash Before coming to Newsweek, Samuelson also won a 1981 National Magazine Award and a 1983 Loeb Award W BTL E The end of the Author
W B T L E Lesson 8—Globalization’s Dual Power He was named a Loeb finalist in 1988 for his columns on the October 1987 Wall Street crash. Before coming to Newsweek, Samuelson also won a 1981 National Magazine Award and a 1983 Loeb Award. I. Author The end of the Author
Lesson 8-Globalization 's Dual Power II. The Asian FinancialCrisis The Asian financial crisis was initiated by two rounds of currency depreciation that have been occurring since early summer 1997. The first round was a precipitous drop in the value of the Thai baht Malaysian ringgit, Philippine peso, and Indonesian rupiah. As these currencies stabilized, the second round began with downward pressures hitting the Taiwan W BTL E To be continued on the next page
W B T L E Lesson 8—Globalization’s Dual Power The Asian financial crisis was initiated by two rounds of currency depreciation that have been occurring since early summer 1997. The first round was a precipitous drop in the value of the Thai baht, Malaysian ringgit, Philippine peso, and Indonesian rupiah. As these currencies stabilized, the second round began with downward pressures hitting the Taiwan II. The Asian Financial Crisis To be continued on the next page
Lesson 8-Globalization 's Dual Power II. The Asian Financial crisis dollar, South Korean won, Brazilian real, Singaporean dollar, and Hong Kong dollar. Governments have countered the weakness in their currencies by selling foreign exchange reserves and raising interest rates, which, in turn, have slowed economic growth and have made interest bearing securities more attractive than equities. The currency crises also have revealed severe problems in the banking and financial sectors of the troubled asian economes W BTL E The end of the asian Financial Crisis
W B T L E Lesson 8—Globalization’s Dual Power II. The Asian Financial Crisis dollar, South Korean won, Brazilian real, Singaporean dollar, and Hong Kong dollar. Governments have countered the weakness in their currencies by selling foreign exchange reserves and raising interest rates, which, in turn, have slowed economic growth and have made interestbearing securities more attractive than equities. The currency crises also have revealed severe problems in the banking and financial sectors of the troubled Asian economies. The end of The Asian Financial Crisis
