Yes, but unfortunately it's in Ruby 1.9.
require "date"
Date.iso8601("2010-W32-5").strftime
#=> "2010-08-13"
I don't believe there are any implementations for Ruby 1.8.7 (or at least I couldn't find any). You could either try to upgrade to Ruby 1.9, which is pretty stable as of 1.9.2. Alternatively, you could try to parse the dates yourself.
molf
2010-09-03 12:03:20