Time for a rescue

Article Abstract:

Western nations should approve a new initiative, similar to the Marshall Plan, to help economic recovery in eastern Europe as a part of the peace settlement with Serbia. The South Eastern European Development Initiative, to be successful, must address declining production, bolster consumer confidence, and aid in deficit reduction. Although there are no political imperatives to enact these policies of reconstruction, they are necessary to ensure a stable European economy.

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Bananas, beef and biotechnology

Article Abstract:

The 1999 trade dispute revolving around American perception of European discrimination against US bananas, beef and biotechnology, threatens the future of the World Trade Organization. The US government has accused the European Union of favoring fruit from former French and British colonies in Africa, the Pacific, and the Caribbean over American distributors of cheaper Latin American brands.

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Economic reform in Iraq: from Russia with caution

Article Abstract:

Russia's economic experience since the collapse of central planning in 1991 has some important lessons for today's policy-makers in Iraq. The economic challenges facing Russia and Iraq are compared and the design of their economic policies are described.

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