Will Congress Dithering Condemn Future Generations Of Americans?: Mohamed El-Erian
According to the latest polls, public support for the U.S. Congress is now at a record low, with few believing that its members can overcome a prolonged period Of congressional paralysis & polarization . What if members of the US Congress,...
Why Mitt Romney’s Tax Returns Matter To Not Just Americans: Joseph Stiglitz
Mitt Romney may not be a tax evader, but he certainly is a tax avoider on a grand scale. And the problem is not just Romney; writ large, his level of tax avoidance makes it difficult to finance the public...
Bearish BRICs: Have the BRIC Nations lived up to the Hype?
Over the past decade, very few countries can claim to have matched the economic success of those of the BRICs. Ever since the term ‘BRIC’ was born in 2001, the bloc has grown rapidly – now accounting for almost a...
Are Bad Habits Stifling Africa’s Economic Potential?
Ever since the start of their post-colonial era, problems such as corruption, poor governance, ethnic divisions and poor infrastructure have continued to haunt several African economies in their quest for sustained economic growth. Can these issues be overcome and will...
Low-Cost Innovation: Waves Of Change From India?
READER SUBMISSION – Nearly two years after the Indian government declared that this was the Indian “Decade of Innovation,” the country is now emerging as one of the world’s hotbeds for low-cost and frugal ideas. Can India continue on its...
China’s Unruly Debt Woes: Michael Pettis
What is the biggest fear hanging over China? Slowing external demand? Could it be the imbalances in its domestic economy? Or the country’s real estate bubble? While these threats are real and challenging nonetheless, debt is China’s most worrying, not...
Britain’s Massive Pension Debt: An Impossible Dilemma For The Government?
By 2040, the U.K.’s debt-to-GDP ratio is likely to reach over 400 percent if the government chooses to continue on its present path. But even as the present government attempts to scale back on a number of welfare benefits...
The World Needs an Era of Great Social Change: Jeffrey D. Sachs
Our generation urgently needs to spur another era of great social change. This time, we must act to save the planet from a human-induced environmental catastrophe. Sustainable development is a generational challenge, not a short-term task, and governments, civil society,...
The Might Of Thorium: Can India Lead The Next Global Energy Revolution?
Since 1951, the Indian government has somehow managed to fail every single attempt to reach its annual target of increasing the nation’s electricity production capacity. But while the nation continues to struggle with crippling blackouts and power shortages till today,...
Fixing China’s Economic Imbalances: Michael Pettis
Recent economic data has shown that China is slowing down. The question is: Should we attempt to revive growth in the world’s second largest economy? Perhaps not. As it is, China bulls have been late in recognising the unhealthy implications...
Canada’s Economic Action Plan 2012: A Model For America To Emulate?
READER SUBMISSION – As America’s largest trading partner, Canada’s economic fortunes are intimately tied to those of the United States. Yet thanks to a largely domestic-focused economic action plan, Canada has demonstrated remarkable economic resilience to the global financial turmoil....
Delaying A Eurozone Breakup Will Only Make Matters Worse: Nouriel Roubini
Germany and the ECB are now relying on the hope that large-scale liquidity will buy time to allow the adjustments needed to restore growth and debt sustainability in the eurozone periphery. But, if a eurozone breakup can only be postponed,...
How Will Scottish Independence Affect Its Energy Future? – Interview With Alex Salmond
By 2014, Scottish voters may have the chance to end the country’s 307-year intermarriage with England and the United Kingdom at a referendum for independence. The growing belief right is now that Scotland has the economic capacity to go it...
Can Africa Break Its Resource Curse?: Joseph Stiglitz
Resources should be a blessing, not a curse; yet contrary to common sense, resource-rich countries in Africa have tend to experience less economic growth in the long run than those deprived of natural riches. The new discoveries of natural resources...
Obama vs. Romney – Does It Really Matter To The Economy?: Mohamed El-Erian
Regardless of who wins the upcoming U.S. presidential elections, the next American president will only have limited room for manoeuvre on economic policy. The real choice as such should concern the social policies that accompany a broadly similar set of...