August 31, 2019 - I will be adding more articles the next week or so. Keep checking. If you like a article that we discuss in class and it is not on the list, let me know. Because of the rapid changes taking place in the global economy, many of these articles are already stale, so I will be putting up-dates and new papers to reflect the changing environment -- if you like a paper and it disappears, let me know and I will put it back on or come up with a newer version.

HAVE NOT CHECKED ALL THE LINKS--PLEASE REPORT ANY PROBLEMS

Questions based on the Wheelan text.

• Chapter 7, Financial Markets

• Chapter 9, National Income

• Chapter 10, The Federal Reserve

• Chapter 11, International Economics

• Chapter 13, Development Economics

• Chapter 6, The Trade Deficit

• Chapter 7, Multinational Corporations

• Chapter 8, Immigrants

• Chapter 9, Equipping Workers for a Modern Global Economy

• Chapter 10, Tax Policy

• Chapter 11, Partnership with Business Community

• Chapter 12, More Equitable Globalization

• George Alessandra, Trade Deficits Aren't As Bad as You Think, Federal Reserve Bank of Philadelphia, First Quarter, 2007

• Deutsche Bank Research, The U.S. Balance of Payments: Wide-Spread Misconceptions and Exaggerated Worries (October 1, 2004)

• Alison Butler, Trade Imbalances and Economic Theory: The Case for a US Japan Trade Deficit (Federal Reserve Bank of St. Louis Review, March/April 1991)

Exchange Rates

• Robert Looney, Dollarization in Latin America, Milken Institute Review, 2017

• Federal Reserve Bank of Chicago: Strong Dollar/Weak Dollar

• Joseph Gagnon, Combating Widespread Currency Manipulation, Policy Brief, July 2012

• Pegs and Floats (Federal Reserve Bank of Philadelphia, May/June 1980) old, but still good overview

Macroeconomics

• Diane Coyle, Beyond GDP: What the measue of economic performance misses about economic performance, Foreign Affairs February 16, 2014 -- final exam

• Keynesian vs. Monetarist Doctrine: Policy Issues

• Deutsche Bank, "I'm an Austrian in Economics" September 16, 2011 --

• Robert Looney, Reaganomics, Handbook of Political Economy

• FSRB, John Williams, Economics Instruction and the Brave New World of Monetary Policy, June 6, 2011 -- updates -- Keynesians vs Monetarists Paper

• Richard Haass, The Strategic Implications of U.S. Debt, Testimony, April 6, 2016

International Financial System/IMF/World Bank

• Council on Foreign Relations, The Global Finance Regime, January 23, 2012

• Beyond Bretton Woods 2, The Economist, November 4, 2010 -- Is there a better way to organize the world's currencies?

• Ken Rogoff, The IMF Strikes Back (Foreign Affairs, January/February 2003)

• Robert Carbaugh and David Hedrick, Will the Dollar Be Dethroned as the Main Reserve Currency? Global Economy Journal 2009

• Brrry Eichengreen and Ngaire Woods, The IMF's Unmet Challenges," Journal of Economic Perspectives, Winter 2015

• Michael Clemens and Michael Kremer, The New Role for the World Bank, Journal of Economic Perspectives, Winter 2016

• John Williamson, Beijing Consensus versus Washington Consensus, Chapter, Robert Looney ed., Handbook of Emerging Economies, 2013 (Sakai)

Capital Flows/Labor Flows

• Jagdish Bhagwati, Banned Aid: Why International Assistance Does Not Alleviate Poverty, Foreign Affairs, January/February 2010

• Christopher Blattman, Show them the Money: Why Giving Cash Helps Alleviate Poverty, Foreign Affairs, May/June 2014

• James Hines, Treasure Islands (Tax Havens), Journal of Economic Perspective, Fall 2010

• Charles Brummer and Daniel Gorfine, Crowdfunding: The Next Big Thing, Milken Review, First Quarter 2013

• John Gibson and David McKenzie, Eight Questions About Brain Drain, Journal of Economic Perspectives, Summer 2011

• Economics and Emigration: Trillion Dollar Bills on the Sidewalk? Journal of Economic Perspectives, Summer 2011

Ongoing Global Crisis

• Robert Levine, Adjusting to Global Change: The Dangerous Road Ahead, Rand, 2009 -- COUNTS FOR 2 QUESTIONS

• Uri Dadush, Global Rebalancing: the Dangerous Obsession, Carnegie Policy Brief, February 2011

• Guillermo Ortiz, The Challenges to Achieving Sustainable Growth in Latin America, Think Tank 20, October 2014

• Hafez Ghanem, Growth and Convergence in the Arab Region, Think Tank 20, October 2014

• Roger Altman and Richard Haass, American Profligacy and American Power, Foreign Affairs, November/December 2010

• Mark Blyth, Austerity: The History of a Dangerous Idea, Milken Review Third Quarter 2013

• Mark Blyth and Eric Lonergan, Print Less but Transfer More: Why Central Banks Should Give Money Directly to the People, Foreign Affairs, September October 2014

Future/Global Governance

• Daniel Drezner, The Irony of Global Economic Governance, Council on Foreign Affairs, October 2012

• Ruchir Sharma, The Ever-Emerging Markets: Why Economic Forecasts Fail, Foreign Affairs, January/February 2014

• Ruchir Sharma, Leaders Indicating: Why Markets Now Use Politics to Predict Economics, Froeign Affairs, (September/October 2014)

• Danny Quah, Convergence Determines Governance -- Within and Oithout, Brookings Think Tank 20, October 2014

• Ralph Peters, Seven Signs of Non-Competitive States (Parameters, Spring 1998)

• Steward Patrick: The Unruled World: The Case for Good Enough Governance, Foreign Affairs (January/February 2014)

• Robert Zoellick, American Exceptionalism: Time for New Thinking on Economics and Security, July 25, 2012

Country Studies -- Legatum Institute: Prosperity in Depth, November 2012

• Albert Fishlow: Argantina

• Julia Sweig: Brazil

• Robyn Meredith, China

• James Robinson, Colombia

• Magda Kandil, Egypt: Managing Creative Destruction

• Thorvaldur Gylfason, Iceland

• Shikha Dalmia, India

• Robert Looney, Iran

• Robert Dekle, Japan

• Peter Murrell, Mongolia

• Hilton Root, Turkey

• Jonathan Pincus, Vietnam

Papers from Peterson Institute, Reality Check for the Global Economy, March 2016

• Chapter 6, Nicolas Vernon, European Banks: Bumpy Transition to a New Policy Regime

• Chapter 7, Monica de Bolle, How much Trouble is Brazil Really In?

• Chapter 8, Jose de Gregorio, For Latin America, Disappointment but not Doom?

• Chapter 9, Joseph Ganon, Central Banks Have Lots of Ammunition?

• Chapter 8, Moritz Rudof, China's Shadow World Order

• Chapter 12, Carla Hobbs et al., The Geo-Economics sof the Digital

• Chapter 15, Anu Bradford, The EU as a Regulatory Power

• Chapter 16, Stephen Szabo, The Reinvention of German Power

• Chapter 19, Sebastian Dullien, How to Increase Europe's Clout

• Chapter 20, Ulrike Esther Franke, Why Emerging Countries are Hedging Against the Global System

• Chapter 23, Dag Claes et al., Saudi Arabia: Harnessing the Oil Market

• Cross of Euros Author(s): Kevin H. O'Rourke and Alan M. Taylor Source: The Journal of Economic Perspectives,Vol. 27, No. 3 (Summer 2013)

• Solving the Euro Policy Quandry, Deutsche Bank November 14, 2014

• Economic and Fiscal Policy Coordinaion in the Euro Area: A Primeer, Deutsche Bank, November 14, 2014

• Reza Moghadam, Europe's Road to Integration, Finance and Development, March 2014

• Andrei Shleifer and Daniel treisman, Normal Countries: The East 25 Years After Communism, Foreign Affairs, November/December 2014

• Daniela Schwarzer, Crisis and reform in the Euro Area, Current History, March 2013

• Manos Matsaganis, The Catastrophic Greek Crisis, Current History, March 2014

• Anders Aslund, An Economic Strategy to Save Ukraine, Peterson Institute for International Economics, November 2014

• Sergey Drobyshevsky, Russia: Prospects for Growth and Convergence, Brookings October 2014

• Galib Kemal Ozhan, Turkey: The Growth Debate Redux, Brookings October 2014

Africa

• Anne Pitcher, Lions, Tigers and Emerging Markets: Africa's Development Dilemmas, Current History, May 2012

• Ethan Kakpstein, Africa's Capitalist Revolution, Foreign Affairs, July/August 2009

• Arvind Subramanian, Mauritius: A Case Study, Finance and Development, December 2001

• Kate Meagher, The Jobs Crisis Behind Nigeria's Unrest, Current History, May 2013

• Luc Christiaensen and Shantayanan Devarajan, Making the Most of Africa's Growth, Current History, May 2013

• Thandika Mkandawire, Can Africa Turn from Recovery to Development?, Current History, May 2014

• Christina Stolte, Brazil in Africa: Just Another BRICs Country Seeking Resources?, Chatham House, November 2012

• Haroon Bhorat and Alan Hirsh, South Africa: Perspectives on Divergence and Convergence, Think tank 20, October 2014 (Africa Section)

• John Page, Africa's Failure to Industrialize: Bad Luck or Bad Policy, Brookings, November 20, 2014 (Africa section)

Latin America

• Robert Looney, Austerity in the Tropics: Is Puerto Rico the New Greece? The Milken Institute Review, Fourth Quarter 2014

• Robert Looney, Brazil's Hard Road to Affluence, Milken Institute Review Fourth Quarter 2016

• Thomas Willett, Crying for Argentina (Milken Review, Second Quarter 2002) -- liberalization under a currency board

• Michael Shifter and Cameron Combs, Shifting Fortunes: Brazil and Mexico in a Transformed Region, Current History, February 2013

• Theodore Moran et al., Chinese Investment in Latin American Resources: The Good, the Bad and the Ugly, Peterson Institute for International Economics, February 2012 -- COUNTS FOR 2 QUESTIONS.

• Miguel Kiguel, Argentina: A Case of Reverse Convergence, Think Tank 20, October 2014

• Ernesto Talvi, Latin America's Decade of Development-less Growth, Think Tank 20, October 2014

• Claudio Frischtak, Brazil: Demography, Technology, and All Other Things Considered, Brookings, Think Tank 20, soctober 2014

• Guillermo Ortiz, The Challenges to Achieving Sustainable Growth in Latin America, Think Tank 20, October 2014 (Latin America Section)

Asia

• Nicholas Lardy and Nicholas Borst, Rebalancing the Chinese Economy, Milken Institute Review, Third Quarter 2013

• China Going Global Investment Index, EIU, 2014

• Karen Brooks, Indonesia and the Philippines: A Tale of Two Archipelagoes, Foreign Affairs January/February 2014

• Richard Katz, Voodoo Abenomics: Japan's Failed Comeback Plan, Foreign Affairs, July/August 2014

• Linda Lim, Singapore After the Miracle

• IMF, The Big Split: Why Did Output Trajectories in the ASEAN-4 Diverge After the Global financial Crisis?, October 2013

• Three Arrows of Abenomics and the Structural Reform of Japan: Inflation Targeting Policy of the Central Bank, Fiscal Consolidation, and Growth Strategy Naoyuki Yoshino and Farhad Taghizadeh-Hesary Asian Development Bank, August 2014

• Robert Looney, "Thaksinomics Revisited" Milken Institute Review, First Quarter 2008

• W. Lim, Korea: From Rapid, shared Growth to Slow Unshared Growth? Think Tank 20, October 2014

• Maria Wihardja, Growth Convergence and Income Distribution: A View from Indonesia, Think Tank 20 October 2014

• Yang Yao, A New Normal, but with Robust Growth: China's Growth Prospects in the Next 10 Years, Think tank 20, October 2014

• Rakesh Mohan and Muneesh Kapur, Secular Stagnation: Can India Buck the Trend? Think Tank 20, October 2014

Middle East

• IMF, Arab Countries in Transition: Economic Outlook and Key Challenges, October 9, 2014

• Carolyn Barnett, The New Energy Revolution in the Gulf, CSIS, November 2014

• Gonul Tol, The Turkish Model in the Middle East, Current History, December 2012

• Daniel Dombey, Turkey: How Erdogan Did it and Could Blow It, Foreign Affairs, January February 2014

• Robert Looney, "The Iranian Oil Bourse: A Threat to Dollar Supremacy?" Challenge, 50:2, March-April 2007, pp. 86-109 (page proofs).

• Robert Looney, "The IMF's Return to Iraq" Challenge 49:3 (May/June 2006) ,pp. 68-82.

• Mohsin Khan, The Economic Consequences of the Arab Spring, Atlantic Council, February 2014

• Ali-Al-Sadiq, Economic Convergence in Saudi Arabia, Think Tank 20, October 2014 (Middle East Section)

• Hafez Ghanem, Growth and Convergence in the Arab Region, Think Tank 20, October 2014 (Middle East section)