Markets

The G-20 lost it way after 2009 when its member states abandoned efforts to coordinate global economic policies for national solutions. Going alone though has reached its limits. The way forward to sustained growth and employment is not through a...

The events of September 11 2001 forever altered the course of human history. Till today, Americans continue to bear the bulk of the cost for the tragedy – both economically and socially. However in the aftermath of 9/11, it has...

7 September 2011. Belgium has not had a government in over 15 months. Yet their economy somehow managed to outperform those of the UK, Germany, France, Italy, Spain, The Netherlands, Finland, and Switzerland in the last quarter of this year. Are government...

  6 September 2011 Iraq’s economy is recovering fast. Despite ever-present threats to its political, social and economic stability, the IMF still expects its GDP to grow by 12.5 percent in 2011 – largely on the back of increased oil...

The scale of the earthquake and tsunami that struck Japan in March was far greater than even the authorities’ worst nightmare scenarios foresaw. Now, nearly half a year after the crisis, Japan has a rare opportunity to undertake the comprehensive...

The mad pursuit of corporate profits is threatening us all. To be sure, we should support economic growth and development, but only in a broader context: one that promotes environmental sustainability and the values of compassion and honesty that are...

30 August 2011. The US economy – and the global economy – cannot get back on its feet without the American consumer. But never before in the post-World War II era has the American consumer been so weak for so...

29 August 2011. As the remnants of the Gadhafi regimes is slowly washed away, the National Transitional Council (NTC) now faces tough decisions and challenges in order to rebuild the country from scratch. While it is too early to predict...

Late last year, a little known man from Sidi Bouzid in Tunisia set himself on fire in protest of the mistreatment he suffered from municipal government officials. The death of 26 year-old Mohamed Bouazizi sparked off a huge public outcry...

  24 August 2011.  The Arab world is changing. It began in the Tunisian city of Sidi Bouzid on 17 December 2010 when a simple street vendor named Mohamed Bouazizi set himself on fire to protest the alleged mistreatment that...

23 August 2011. Karl Marx was right, it seems, in arguing that globalization, financial intermediation run amok, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct. However, socialism is clearly not the answer as...

19 August 2011.The worst riots in England for several decades have drawn widely divergent interpretations from politicians and commentators. Views range from the right-wing position, which is that the rioters were all “thugs and delinquents” and should be punished accordingly,...

18 August 2011.  Time is running out for the eurozone. Unless a euro-bond regime of one kind or another can be reached, the euro will break down. As the EU’s largest and best-rated economy, Germany has a critical role to...

17 August 2011. Politics and economics are intrinsically linked. For classical economists, it was impossible to understand politics without economics or economics without politics. Accordingly, the current global economic crisis can also be best understood as a crisis of political...

16 August 2011.There has been much concern about financial contagion between Europe and America. But the real problem stems from another form of contagion: bad ideas move easily across borders, and misguided economic notions on both sides of the Atlantic...