Articles
India – Leftwing Backlash?
16.04.09 Publication: Corriere della Sera
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...
Read moreThailand – A Fragile Democracy
14.04.09 Publication: Corriere della Sera
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...
Read moreExciting? No–and thank God for that
04.04.09 Publication: Daily Telegraph
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...
Read moreShould We Be Pessimistic or Optimistic?
29.03.09 Publication: Corriere della Sera
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...
Read moreBrown must focus on the banks
26.03.09 Publication: The Guardian
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...
Read moreTibet – A Self Made Trap For China
05.03.09 Publication: Corriere della Sera
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...
Read moreA silver lining for Japan
20.02.09 Publication: The Guardian
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...
Read moreObama´s Strategy Too Timid
15.02.09 Publication: Corriere della Sera
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...
Read moreProtectionism Can Only Prolong Recession
03.02.09 Publication: Corriere della Sera
Everyone knows that this is a global recession, in which virtually all countries are suffering. Certainly, all the rich industrial countries of Western Europe,...
Read moreGerman Package Not Enough to Silence European Critics
17.01.09 Publication: Corriere della Sera
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...
Read moreJapan: The End of Gridlock
10.01.09 Publication: Newsweek
Hard economic times will be politically risky for many countries, bringing populism, protectionism, mass protests, internal strife, revolution and even perhaps...
Read moreI wasn´t right. But that´s OK
03.01.09 Publication: The Guardian
“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?”,...
Read moreImbalances, inequality and sustainability
01.01.09 Publication: Voice
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...
Read moreHow and why the global economic crisis happened
01.01.09 Publication: Voice
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...
Read moreA new global financial system?
01.01.09 Publication: Voice
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...
Read moreHow different is the world, really?
01.01.09 Publication: Voice
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....
Read moreA short window of environmental opportunity
01.01.09 Publication: Voice
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...
Read moreThe future of capitalism
01.01.09 Publication: Voice
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...
Read moreThe world crisis and its impact on Japan
01.01.09 Publication: Voice
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...
Read moreWhat Japan needs to do
01.01.09 Publication: Voice
The distinction between "manufacturing" and "services" does not really tell us much, about value, living standards and long-term prosperity. In America during...
Read morePound-Euro Parity and The Benefits of Devaluation
31.12.08 Publication: Corriere della Sera
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...
Read moreHow Large Scale Fraud Rocks Confidence
24.12.08 Publication: Corriere della Sera
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...
Read moreThe meaning of President Obama
01.12.08 Publication: Ushio
American presidential elections are extraordinary things. Can you think of any other country in which the winning candidate in an election spent 21 months,...
Read moreIndia – Strong Economy, Weak Politics
28.11.08 Publication: Corriere della Sera
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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