Newly instated Princeton University President Christopher Eisgruber defended the school's policy of giving preference to legacy applicants in a public interview Monday night, calling the practice "a recognition of a special bond that Princeton has with its alumni."
Laura Tyson has a nice piece in Project Syndicate this morning about typhoon season for emerging market economies.
With increasing signs the North Atlantic central banks will tighten over the next several years, forward-looking financial markets are incorporating that tightening into their pricing of emerging-market assets today.
This means emerging-market central banks with three options:
This is an unedited version of my article for Sunday Times, April 06.From jobs programmes aiming to boost employment creation to entrepreneurship strategies and to solemn promises to unlock credit supply and investment for indigenous innovation-based enterprises, Irish SMEs have been basked in the public policy sunshine.