On the hiking trail: Globalization & its discontents

By THE ECONOMIST
Published 8.31.06

Analysis: Globalisation is generating huge economic gains. That is no reason to ignore its costs.

Visitiors to Jackson Hole, Wyoming, normally see a few moose and buffalo and sometimes even a bear. But in late August each year some really strange creatures can be spotted: central bankers and economists, meeting for the annual symposium of the Federal Reserve Bank of Kansas City, one of the high points (literally) of the economic calendar. This year's conference focused on how the rise of China, India and other countries is reshaping the world economy. (Click & Read on courtsey of The Economist)