One glaring example is financial markets. Capital now moves more freely from one country to another than it used to, and hot money flows have proven extraordinarily disruptive. We saw this in the case of the Asian Tigers and it has been a consistent bane for emerging market economies destabilized by capital flight. As we try to figure out how to deal with problems like this, while avoiding a financial crisis redux, we'll look at the underbelly of globalization for some answers and speak with former vice president of the World Bank, Ian Goldin.
And developing nations will reportedly nominate two candidates to the world bank while the white house has until 6PM tomorrow to get it's nomination in...but will go on to be the President? A lot of people say it's no mystery, it will be an American. We'll talk about why and at what cost to the world bank's legitimacy as a global institution with the former vice president Ian Goldin.
Meanwhile, you may have your I-phone, maybe your I-pad, what about an account at your I-bank? We'll about what apple is doing to join the battle against the too big to fail banks. And in radically different news, it appears that male sperm may be in a bull market after a report that men in Zimbabwe are having their sperm stolen by women looking to cash in!