The second globalization: Neo-Victorian stability (includes related articles)

Article Abstract:

In the 1890's, world order was maintained under the British Empire and monetary union was achieved through trading in gold. The currency games which companies are forced to play today makes international trading more risky, striking hardest at the developing countries.

author: Mead, Walter Russell
United Kingdom, Cover Story, International trade regulation

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Elderly entitlements made the middle class

Article Abstract:

The US government's provision of elderly entitlement benefits, such as Medicare, Social Security and Medicaid, has allowed the middle class to use its income for other purposes. This is a part of the government's policy to strengthen the middle class.

author: Mead, Walter Russell
United States, Finance, Welfare recipients, Welfare economics, Middle classes, Middle class

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Renminbi: Up, Where It Belongs

Article Abstract:

The article examines the political, social, and international aspects of China's monetary policy.

author: Pocha, Jehangir S.
China, Public affairs, Capital funds & cash flow, Valuation, Yuan (China)

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subjects list: International aspects, Political aspects, Monetary policy, Social aspects
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