May 10, 2012

Restructuring of Tepco

Trade and industry minister Yukio Edano Wednesday approved a 10-year comprehensive business plan which Tokyo Electric Power Co. and the government-backed Nuclear Damage Liability Facilitation Fund on April 27 submitted to the government for restructuring the power company in the wake of the nuclear ...

Mar 29, 2012

Charades at the World Bank and IMF

by Uri Dadush and Moises Naim

The scandal over the repellent way the World Bank president is appointed has obscured an equally scandalous situation: the appointment process of the rest of the senior managers at the bank and the International Monetary Fund. They too are selected through opaque, quota-driven negotiations ...

Feb 29, 2012

Iran outcome critical for Asia

by Michael Richardson

Can the United States and the European Union apply sanctions on Iran to curb its nuclear program without boosting oil prices and undermining economies in Asia as well as the West? The answer is particularly critical for Asia because it is has to bear ...