Articles

India – Leftwing Backlash?

16.04.09 Publication:

During this global economic crisis, it is often said that one consequence could be a reversal of globalisation, a revival of state intervention, even a...

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Thailand – A Fragile Democracy

14.04.09 Publication:

To a visitor, Thailand can seem such a peaceful place, where Thais greet you by putting their hands together as if in prayer. Admittedly, most tourists see the...

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Exciting? No–and thank God for that

04.04.09 Publication:

Committee meetings are not occasions from which grand, radical solutions can be expected to emerge. But it is nevertheless important to hold them, so that...

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Should We Be Pessimistic or Optimistic?

29.03.09 Publication:

At this stage of the global recession, should we be getting more pessimistic or more optimistic? Barely six months into the true economic shock that followed...

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Brown must focus on the banks

26.03.09 Publication:

Given their lack of fiscal room to manoeuvre, Brown and Darling should take RBS and Lloyds/HBOS into full public ownership Can this truly be called a...

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Tibet – A Self Made Trap For China

05.03.09 Publication:

If you were planning to visit Tibet this month, then you had better think again. It is closed. Foreign visitors have been banned, amid a big security clampdown...

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A silver lining for Japan

20.02.09 Publication:

The economic suffering here has been harsh and long, but at last political change is coming In the race to report the worst economic contraction among rich...

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Obama´s Strategy Too Timid

15.02.09 Publication:

It feels like a slow-moving Greek tragedy, destined to end in disaster. But let us be optimistic: perhaps it will turn out to be a demonstration of clever...

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Protectionism Can Only Prolong Recession

03.02.09 Publication:

Everyone knows that this is a global recession, in which virtually all countries are suffering. Certainly, all the rich industrial countries of Western Europe,...

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German Package Not Enough to Silence European Critics

17.01.09 Publication:

There are two dimensions on which Germany´s new 50 billion euro fiscal package should be judged. The first is economic: is the package the right thing to...

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Japan: The End of Gridlock

10.01.09 Publication:

Hard economic times will be politically risky for many countries, bringing populism, protectionism, mass protests, internal strife, revolution and even perhaps...

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I wasn´t right. But that´s OK

03.01.09 Publication:

“What, pray, is all the fuss about?” asked a sage columnist in these pages on the first anniversary of the credit crunch (“Crisis, what crisis?”,...

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Imbalances, inequality and sustainability

01.01.09 Publication:

Political attitudes to inequality are thus, as I have argued, going to change more, and more sustainably, than are corporate attitudes to that issue. The...

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How and why the global economic crisis happened

01.01.09 Publication:

The global economic recession of 2007-2009 proved to be both unusual and remarkable. It was unusual, first of all, in its global reach: previously, there has...

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A new global financial system?

01.01.09 Publication:

These are challenging times, indeed. We can count ourselves fortunate that the vast financial crash of 2007-09, centred on America and Europe, has not caused a...

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How different is the world, really?

01.01.09 Publication:

It is tempting, and very common, at times of great shocks and crises, to proclaim that the world has utterly changed, that it will never be the same again....

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A short window of environmental opportunity

01.01.09 Publication:

The great recession of 2007-09 looked as if it would lead to a continual fall in the oil price, as demand for this "black gold" slumped. But instead, markets...

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The future of capitalism

01.01.09 Publication:

It can all be blamed on Karl Marx. More than 150 years ago, that heavily bearded German-born revolutionary economist was living in London, working in the...

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The world crisis and its impact on Japan

01.01.09 Publication:

If we can trust the economic statistics, then the global economic crisis of 2007-09 has come to an end. As 2010 began, output was rising again in Japan, the...

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What Japan needs to do

01.01.09 Publication:

The distinction between "manufacturing" and "services" does not really tell us much, about value, living standards and long-term prosperity. In America during...

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Pound-Euro Parity and The Benefits of Devaluation

31.12.08 Publication:

To some people, currencies are a national virility symbol. So the rapid decline of the British pound, in effect to parity with the euro, must be a national...

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How Large Scale Fraud Rocks Confidence

24.12.08 Publication:

How bad do you think the recession is going to be? How long will it last? Those are the two most common questions I have been hearing recently, as we approach...

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The meaning of President Obama

01.12.08 Publication:

American presidential elections are extraordinary things. Can you think of any other country in which the winning candidate in an election spent 21 months,...

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India – Strong Economy, Weak Politics

28.11.08 Publication:

Despite its famous democracy and its much-admired economic growth, India is a violent place. Bombs are frequently set off in markets, railway stations and...

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