September 2012:
Global Interconnectivity
Caught in the Web
Camelia
Minoiu
Network analysis looks at financial
connections in a globalized world
and the risks they pose
Migration Meets Slow Growth
Demetrios G.
Papademetriou
The global movement of workers will
change as the economic crisis
continues in advanced economies
Financial Regionalism
Masahiro
Kawai and Domenico Lombardi
Regional arrangements are reshaping
the international financial
architecture and helping global
financial stability
Interconnected Asia
Sino-Spending
Steven
Barnett, Alla Myrvoda, and Malhar
Nabar
China must boost household
consumption even further to make its
growth more inclusive
Global downturn contributes to China
slowdown
China: The road to sustainable
growth
A Change in Focus
Malhar Nabar
and Olaf Unteroberdoerster
China’s external surplus is
dwindling, with repercussions for
its Asian trading partners
The Tiger and the Dragon
Murtaza Syed
and James P. Walsh
India and China can learn a lot from
each other as they advance in their
development journeys
Back on the Map
Meral
Karasulu and Sergei Dodzin
Myanmar’s reintegration into the
global economy promises a better
future for its people
Why Myanmar could be the next
economic frontier
Aung San Suu Kyi’s Nobel lecture
Also in This Issue
Taxing Finance
Geoff
Gottlieb, Gregorio Impavido, and
Anna Ivanova
Many European policymakers are
warming to the idea of broadening
taxation of the financial sector
Fueling Risk
David Coady,
Valentina Flamini, and Matias
Antonio
Energy subsidies in low- and
middle-income countries can take a
big toll on their fiscal health
It All Falls into Place
Adelheid
Burgi-Schmelz and Alfredo M. Leone
Piecing together “missing links” in
a jigsaw puzzle of data sets helps
shed light on the global financial
crisis
DEPARTMENTS
In Brief
Growing more than GDP
Dementia cases set to triple
Plugging leaks
eHealth revolution
Supporting sustainable transportation
Events in 2012
People in Economics
Picture This
Access to Banking Services
Asli Demirguc-Kunt
and Leora Klapper
New database shows gaps in how people save,
borrow, make payments, and manage risk
Back to Basics
What Is Money?
Irena Asmundson and
Ceyda Oner
Without it, modern economies could not
function
Book Reviews
Russia: A Long View, Yegor Gaidar
Double Entry: How the Merchants of Venice Created Modern Finance, Jane Gleeson-White
What Money Can’t Buy: The Moral Limits of Markets, Michael Sandel
Data Spotlight
Tracking Use of Fiscal Rules
Nina Budina and
Andrea Schaechter
Numerical limits have emerged as a key
response to the fiscal legacy of the crisis