Standpoint
20.05.09
A De-Globalized World?
Dani Rodrik, Professor of Political Economy at Harvard University’s John F. Kennedy School of Government, is the first recipient of the Social Science Research Council’s Albert O. Hirschman Prize. His latest book is One Economics, Many Recipes: GlobalizatEven with the worst of the crisis over, we are likely to find ourselves in a somewhat de-globalized world, one in which international trade grows at a slower pace, there is less external finance, and rich countries’ appetite for running large current-account deficits is significantly diminished. Will this spell doom for developing countries? >>
19.05.09
The Dollar’s Last Days?
18.05.09
Micro-Europe
Leif Pagrotsky is a Swedish MP, vice president of Riksbank, and a former Minister of Industry and Trade and Minister of Education, Research, and Culture.If Europe is to gain a more important role in global leadership, it must reverse its long-term economic decline. >>
18.05.09
Story Time for the World Economy
15.05.09
The Spring of the Zombies
Joseph E. Stiglitz, Professor of Economics at Columbia University, chairs a Commission of Experts, appointed by the President of the UN General Assembly, on reforms of the international monetary and financial system.Every downturn comes to an end. The question is how long and deep this downturn will be. In spite of some spring sprouts, we should prepare for another dark winter: it’s time for Plan B in bank restructuring and another dose of Keynesian medicine. >>
10.05.09
The “New Normal” for Growth
Kenneth Rogoff is Professor of Economics and Public Policy at Harvard University, and was formerly chief economist at the IMF.Markets are bubbling over signs of “green shoots” in the global economy. An increasing number of investors see a strong rebound coming, first in China, then in the United States, and then in Europe and the rest of the world. Even the horrible growth numbers of the last couple quarters don’t seem to discourage this optimistic thinking. The deeper the plunge, the stronger the rebound, some analysts say. >>
09.05.09
Where’s Europe?
Giles Merritt
is Secretary-General of the Brussels think tank Friends of Europe, and Editor of the policy journal Europe’s World.As the global financial crisis transforms itself inexorably into economic crisis and now industrial crisis, the cry “where’s Europe?” can be heard across the EU. So far, Brussels’ response has been less than reassuring. >>
