New Straits Times, Malaysia Economy can bear 40-sen rise in petrol price Malaysia can raise petrol prices by 30 to 40 sen a litre in the short term without hurting economic growth, an expert with LSE said. Malaysian-born Professor Danny Quah, department head at the UK institution, said over the longer term, fuel subsidies should be done away with because it hid the true cost of this scarce and non-renewable energy, and discouraged better use of resources. http://www.nst.com.my/Current_News/NST/Tuesday/Frontpage/2251286 /Article/index_html
Malaysia Star, Malaysia Do away with subsidies Malaysia needs to seriously consider dismantling its hefty fuel subsidy in stages to keep its budget deficit under control amid record high crude oil prices. Professor of Economics at LSE, Danny Quah, said: I believe Malaysians will still be able to cope if the fuel subsidy is gradually slashed by about 15 per cent to 20 per cent within the next six months. http://biz.thestar.com.my/news/story.asp?file=/2008/5/27/business /21368026&sec=business
SourceUK.net Scottish Futures Trust The Scottish Government recently announced its way forward for infrastructure investment in Scotland to secure new schools, hospitals and transport projects at better value to the public purse. Professor John Kay, visiting professor of Economics at LSE said: 'PFI is well past its sell by date. http://www.sourceuk.net/article/11/11801/scottish_futures_trust.html
Daily News & Analysis, India Education is business Vice chancellor of University of Mumbai Vijay Khole feels education should be viewed as a business proposition. Khole was part of a delegation - comprising several college principals and led by Mumbai sheriff Indu Shahani - that visited UKs leading universities and institutions - Oxford, Cambridge, City and Westminster, London School of Economics, Kings College and Imperial College - to learn the best practices being followed there. http://www.dnaindia.com/report.asp?newsid=1166670
Monday 26 May
Manchester Evening News Misery of dementia A new report on the disease has been published by Martin Knapp, a professor of social policy at LSE and Dr Paul McCrone, a health economist from King's College London. They recommend that health professionals, especially family doctors, should urgently improve their systems for early detection of the disease. It also urges drugs companies to keep up their efforts to develop cost-effective treatments. http://www.manchestereveningnews.co.uk/news/health/s/1051188_misery_ of_dementia_
Bernama, Malaysia Dismantle Fuel Subsidy System, Says Economic Professor The subsidy system, especially for fuel, should be dismantled as Malaysia is capable of absorbing the consequences, according to a professor at LSE. It could well be tolerated by reducing it by 20 percent or if not higher in very short term or in six months, said Professor Danny Quah at a public lecture on The Rise and Fall of Subsidies organised by the LSE Alumni Society of Malaysia on Monday. http://www.bernama.com.my/bernama/v3/news_business.php?id=335468
New Statesman Wanted: new-thinking pioneers Hugely influential was the New Statesman contributor Professor Anthony Giddens of LSE, whose 1994 book Beyond Left and Right is often seen as the founding text of the Third Way. Although Giddens never worked for the government, his thinking influenced those formulating New Labour policy. (Source: Lexis)
Die Tageszeitung Taz Bei Nachwahlen zum britischen Unterhaus kassiert die Labour Party des britischen Premierministers Doch dazu sei ein Umdenken nötig, glaubt Tony Travers von der London School of Economics. (Source: Lexis)
Independent Treasury set to name Turner as FSA head Adair Turner could be named as the new chairman of the Financial Services Authority as soon as the end of next week, it emerged yesterday, ending months of speculation about who would take the helm at the City watchdog. Adair Turner is a visiting professor at LSE. http://www.independent.co.uk/news/business/news/treasury-set-to-name -turner-as-fsa-head-834429.html
Sydney Morning Herald, Australia Management degree first THE University of Sydney will today announce the introduction of a master of management course for top students from any discipline, from arts to science. The degree will link students to a master of international management run by other CEMS-accredited schools, including LSE. http://www.smh.com.au/news/national/management-degree-first/2008/05/25 /1211653847243.html
Yemen Times, Yemen British Scholarships for Yemeni students The London School of Economics and Political Science, the worlds leading dedicated social science institution, has a generous package of scholarships available for students from Yemen. http://yementimes.com/article.shtml?i=1158&p=local&a=5
The Observer Dementia will strike down million people Almost a million people in England will have dementia within a generation and the bill for dealing with the disease will rise to £35bn a year, a major new study reveals. The King's Fund report is the work of Martin Knapp, a professor of social policy at LSE, and Dr Paul McCrone, a health economist at King's College London. http://www.guardian.co.uk/society/2008/may/25/longtermcare.health
Business in Berkshire Higher housing targets will not improve affordability - Higher housing targets will not improve affordability - new study shows Government plans for huge increases in house building will not improve affordability - in 20 years home ownership will be even further out of reach for average earners says new research for the South East England Regional Assembly. The research report 'Housing and Affordability in the South East' is by Professor Christine Whitehead from LSE. http://www.businessinberkshire.co.uk/pool-story.php?newsid=5012
The Edge Daily, Malaysia Subsidy problem reaches tipping point Article includes comments from Professor Danny Quah, professor of Economics and head of the Department of Economics at LSE. (Website Offline)
The Frontier Post, Peshawar Not much has changed in Kuwait As Professor Margot Light of LSE puts it: Russian officials believe these values are determined exclusively in the EU and are simply proclaimed by EU officials for Russia to adopt. http://www.thefrontierpost.com/News.aspx?ncat=ar&nid=168
The Nelson Mail, New Zealand CV cheats warned to make the grade Sunday Star-Times inquiries show former Immigration Service boss Mary Anne Thompson is not the only person to have possibly exaggerated qualifications police are investigating whether she had the PhD she claimed she did. Thompson resigned earlier this month amid concerns she doesn't have the PhD from LSE she claimed she had. http://www.stuff.co.nz/stuff/nelsonmail/4559996a6417.html
The Inquirer ID card contest takes no losers Identity boffins at LSE, who have been attacked by the government for suggesting it might have underestimated the true cost of the ID scheme to the tax payer, said today the ID Scheme was jinxed because the technology was too complex and there was too much political interference in the project. Key details about the implementation, oversight and buyin to the Scheme remain vague, said an LSE statement, and implied that this went against the principles of sensible systems design. http://www.theinquirer.net/gb/inquirer/news/2008/05/24/id-contest-takes-losers
Tehran Times, Iran A new cold war? We're yet to adjust to the old one ending As Professor Margot Light of LSE puts it: Russian officials believe these values are determined exclusively in the EU and are simply proclaimed by EU officials for Russia to adopt. http://62.193.18.228/index_View.asp?code=169413
Late-edition headlines Friday 23 May
The Times Educational Supplement Poor writing is biggest hurdle A study last year by LSE estimated that young people classed as NEET (not in education, employment or training) cost the UK economy £ 3.65 billion each year. (Source: Lexis)
Silicon.com The Weekly Round-Up Gus Hosein, senior fellow at Privacy International and fellow at LSE, said that this simple traffic data would be a map of every individual's life. A bit like a government-mandated version of Google Web History. http://comment.silicon.com/weeklyroundup/0,39024756,39230405,00.htm
The Chronicle of Higher Education The Digital Wisdom of Richard Sennett Usually characterised as a public sociologist of the analog world, Richard Sennett, who splits his time among LSE, the Massachusetts Institute of Technology and New York University, has been slighted as a theorist of things digital. (Source: Lexis)
Women in Technology Graduates' earning power 'linked to their university' The earning power of university leavers is strongly linked to the institution they completed their studies at, it has been suggested. Elite universities included Oxford, Cambridge, Bristol, Durham, Edinburgh, Imperial College London, King's College London, London School of Economics, St Andrews and University College London. http://www.womenintechnology.co.uk/graduates-earning-power-linked-to-news -15017941/
HedgeCo.net Soros says rebound a bear-market rally Billionaire hedge fund manager George Soros said on Wednesday the current rebound in stock markets is only a bear market rally because monetary authorities are unlikely to be able to handle the credit crisis. Soros told a seminar at LSE, The prevailing market opinion is that this crisis is like previous ones. Markets have been rallying on that. But I think its actually just a bear market rally based on a false conception the authorities can handle all these crises. http://www.hedgeco.net/news/05/2008/soros-says-rebound-a-bear -market-rally.html
Public Servant Magazine Miliband admits to scramble for resources Warning that the balance of power politics, as seen in the Cold War, threatened to return with rogue nations using their natural resources as foreign policy instruments David Miliband told an LSE audience: We risk a scramble for resources with each nation pitted against each other. http://www.publicservice.co.uk/news_story.asp?id=6047
The National Business Review, New Zealand Credential-checking goes begging Dubious academic claims are back in the news after it was revealed this month that Immigration Service head Mary Anne Thompson's longstanding claim to have got a doctorate from LSE appears to have been a bit of a lark. The matter is now under official investigation. (Source: Lexis)