Covering Globalization

by Schiffrin, Anya

• ISBN13: 9780231131742
• ISBN10: 0231131747
• Format: Hardcover
• Copyright: 2004-12-01
• Publisher: Columbia Univ Pr

Summary

The first journalism textbook for reporters who cover finance and economics in developing and transitional countries, Covering Globalization is an essential guide to the pressing topics of our times. Written by economists from the Asian Development Bank and the International Monetary Fund as well as journalists who have worked for Dow Jones, the Financial Times, the New York Times, Fortune, and Reuters -- and with an introduction by Nobel Laureate Joseph E. Stiglitz -- this invaluable resource helps reporters write about subjects such as banking and banking crises, pension reform, privatization, trade agreements, central banks, the World Bank, sovereign debt restructuring, commodity markets, corporate governance, poverty-eradication programs, and the "resource curse." Each chapter explains the basic economic principles and current thinking on a given topic and provides ? tips on what to look for when covering specific subjects; ? a way to structure business and economics stories; ? a way to use the Internet for reporting with links to more information online; ? extensive glossaries and much more.

Table of Contents

Acknowledgments	xi
The Importance of Critical Thinking	3	(14)
Joseph E. Stiglitz
Anya Schiffrin
PART 1. CAPITAL MARKETS
Capital Markets	17	(15)
Catherine Mckinley
Pyramid Schemes	24	(8)
Tyler Maroney
Foreign Exchange Markets and Foreign Exchange Crises	32	(10)
Sara Silver
Covering Central Banks	42	(10)
Marjorie Olster
Capital Controls	52	(11)
Anya Schiffrin
The IMF and Capital-Account Liberalization	55	(8)
Nicholas Rosen
Dollarization	63	(10)
Tyler Maroney
Ecuador and the Dollar	66	(7)
Nicholas Rosen
Derivatives	73	(10)
Randali Dodd
How Derivatives Markets Work	76	(7)
Randall Dodd
Hedge Funds	83	(12)
Amer Bisat
PART 2. BANKING AND MACROECONOMICS
Banking Crises: Causes and Solutions	95	(11)
Anya Schiffrin
Indonesia---A Banking Crisis	98	(8)
Grainne Mccarthy
Sovereign Debt Crises	106	(12)
Suzanne Miller
Debt Relief and HIPC	118	(14)
Gumisai Mutume
HIPC in Zambia	122	(10)
Shantha Bloemen
Assessing Sovereign Risk	132	(15)
Graciana Del Castillo
Pension Reform	147	(12)
Phillip Longman
Russian Pension Reform	152	(7)
Sergei Blagov
PART 3. CORPORATE REPORTING
Foreign Direct Investment	159	(12)
Dan Deluca
Poland	162	(9)
Dan Deluca
Privatization	171	(11)
Deidre Sheehan
Breaking the Bank---Banking Privatization in the Czech Republic	174	(8)
Peter S. Green
Corporate Governance	182	(9)
Howard I. Golden
Labor	191	(9)
Kristin Huckshorn
Nike and Vietnam---A Labor Case Study	193	(1)
Kristin Huckshorn
Codes of Conduct and the Rise of Corporate Responsibility	194	(6)
Mila Rosenthal
Accounting	200	(30)
Jane M. Folpe
Herbert K. Folpe
Money Laundering	230	(11)
David Marchant
PART 4. TRADE AND COMMODITIES
International Trade	241	(14)
Nicholas Rosen
Helen Campbell
Cambodia---An Attempt to Improve Working Conditions	244	(11)
Sheridan Prasso
Commodities Markets	255	(8)
Vincent Nwanma
Oil and Development	263	(13)
Petter Nore
Rent and Profit	265	(11)
David Nissen
Poverty Reduction	276	(13)
Isabel Ortiz
PART 5. REPORTING AND WRITING
Covering the World Bank	289	(11)
Abid Aslam
Internet Reporting	300	(22)
Jane M. Folpe
Writing Tips	322	(8)
Graham Watts
List of Contributors	330	(3)
Index	333