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February 2012

Prospects Daily: Portuguese government bonds advance following successful short-term debt auction

Global Macroeconomics Team's picture

Important developments today:

1. Portuguese government bonds advance following successful short-term debt auction.

2. Deceleration in Eurozone manufacturing activity slows.

Is Media Freedom at the Heart of Media Development?

Anne-Katrin Arnold's picture

What’s media assistance about anyway? Actually, there’s not really a straightforward answer to this question. I realized that when I listened to Daniel Kaufmann of the Brookings Institute earlier this week at an event hosted by the Center for International Media Assistance (CIMA) and Internews. Kaufmann’s answer was that media assistance is about media freedom. A free media is a necessary, although not a sufficient condition for successful media development.

Should We Still Worry About Food Prices?

Otaviano Canuto's picture

Food prices are finally coming down after a year of spikes and high volatility. But we must remain vigilant. Prices of certain foods remain very high, and millions of people around the world are still at risk of suffering from malnutrition and hunger.

Let’s get to the numbers first.

The Hermeneutics of Satisfaction

Jed Friedman's picture

Ten years ago when I was a graduate student piloting questionnaires in rural Indonesia, I sat with a translator and an elderly farmer in his front yard. Mid-way through the interview I asked this farmer the first of several standard questions related to general well-being and life satisfaction: “Thinking about your own life and personal circumstances, how satisfied are you with your life as a whole?” The farmer stared at us with a look of bewilderment on his face. So we asked a second time in a slow sympathetic tone.


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