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For the world economy, Alan Greenspan’s inheritance is arguably without equal in recent history, contributing, as he did, to a period of unprecedented global growth and free market expansion
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HKMA governor clarifies scheme after Beijing imposes restrictions
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A matter of fortune His influence extends across the western hemisphere through a business empire spawned by the growth of the Latin middle class. But Carlos Slim’s success also represents the mixed fate of Mexican business.
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The battle for Europe's future German reunification is Kohl’s legacy. But Germany’s chancellor also played a leading role in integrating the former Soviet bloc with the rest of the continent.
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Poor man's advocate A popular target for globalization’s detractors, as World Bank president, James Wolfensohn was never far from controversy. But his reweighting of the world’s leading development agency has had far-reaching consequences.
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Man of the people His vision of democratic socialism has galvanized vast swathes of Latin America. His alternative economic model for the region has helped refocus the debate on Latin development. His oil wealth has fuelled unprecedented largesse. Like it or not, Hugo Chavez is a force to be reckoned with.
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The path to righteousness Loathed by some as an ideologue of economic nationalism and revered by others for his bid to reclaim his country’s lot and transform the nation’s fortunes – there is no denying the impact of Mahathir Mohamad, Malaysia’s erstwhile prime minister, on emerging Asia.
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Rapid response Dealing with the fallout of emerging market crises characterized much of Lawrence Summers’ time in government. His advice to many countries at the time – including building up foreign exchange reserves as a buffer against future shock – has had lasting effects.
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Sovereign saviour An ex-trade union boss touting orthodox economics with a social conscience: president Lula da Silva’s uniqueness is hard to miss. So too is the scope of his vision.