From the Winter 2004 issue

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Is the Aging of the
Developed World
A Ticking Time Bomb?

The developed-world populations are aging and shrinking, producing huge fiscal, economic, political, and social stresses given the unfunded liabilities of public entitlement programs. Does this phenomenon represent a global crisis? If a crisis looms, what kind of crisis is likely, when will it unfold, who faces the greatest risk, and what if anything can be done?
Twenty important experts offer their views   

A L S O  in the Winter 2004 issue:


Boom, Gloom, and Excess
Yet the U.S. economy today is poised for a serious takeoff.
By Robert J. Barbera

Inflation Targeting
Should the Federal Reserve in its conduct of monetary policy
follow the European Central Bank and adopt some form of
inflation target range? TIE asked thirteen distinguished experts.
A symposium of views

Why America Is Different
No matter who wins the 2004 presidential contest,
serious tensions with the United Nations will persist.
By Criton M. Zoakos

Master of the Senate
Guess who’s become the go-to Democrat on Capitol Hill?
By Scott Reed

America’s Sorry Trade Performance
Whatever happened to all that talk about rule of law?
By Robert Z. Lawrence and Nathaniel Stankard

Bullish on America
The United States needs to think more conceptually about
how to use its economic advantage.
By Philip Merrill

The Bush Hate Game
TIE asked a top political analyst why the animosity
toward the 43rd President is so great.
By Charles E. Cook, Jr.

Mutual Fund Cleanup
Washington’s surprisingly slow-motion efforts at reform.
By Roger M. Kubarych

Governments and Growth
The real threat to global recovery.
By Samuel Brittan

The Case for Globalization
The results of McKinsey’s latest study of the pros and cons
of emerging market foreign investment.
By Diana Farrell

International Investment Carousel
When it comes to rules for international investment,
it’s time to stop riding the WTO.
By Susan Ariel Aaronson

Knight Vision
TIE’s contributing editor Klaus Engelen interviews Malcolm Knight,
the new General Manager of the Bank for International Settlements.

Das Empire Strikes Back
German banks have had enough of Standard and Poor’s
and other agencies, and they’re not going to take it any more.
By Klaus C. Engelen

Gunfight at the Basel II Corral
As the dispute brews, will the Federal Reserve misjudge
the mood on Capitol Hill?
By Christopher Whalen

Madagascar Manifesto
An island nation looks to the future.
By Marc Ravalomanana