Asia's addiction to cheap currencies must end. But not overnight THE average homeowner in Peoria has probably never heard of Toshihiko Fukui, Zhou Xiachuan, Joseph Yam, Perng Fai-nan or Park Seung. But he has a lot to thank them for. These men, respectively bosses of the central banks of Japan, China, Hong Kong, Taiwan and South
Can Germany and Japan be reinvigorated? THEY are the world's' second-and- third-large- economies. Measured at market exchange rates, Japan and Germany together make up about 20% of global output. And they are both in a mess
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The definitive reference work for CS and OR students, only S18.95 www.doverpublications.com Economist.comOPINION Rudiger Dornbusch Aug 8th 2002 From The Economist print edition Rudiger Dornbusch, a far-from-dismal
From The Economist print edition Why the dollar still rules the world-and why the world should be grateful THE dollar is looking vulnerable. It is propped up not by the strength of America's exports, but by vast imports of capital. America, a country already rich in capital, has to borrow from abroad almost
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