Publication: Corriere della Sera

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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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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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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G20 – No Magic Solutions

14.11.08 Publication:

When the world is collapsing all around us, in a crisis that is now genuinely global, the very least we can expect of our governments is that they should meet...

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European Banks In Crisis – Is the US to Blame or Not?

07.10.08 Publication:

This was supposed to be an American crisis, based on American subprime mortgages and American-style capitalism. So why do European banks seem now to be...

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China – The Need for Greater Food Safety Controls

23.09.08 Publication:

The tragedy of contaminated baby milk in China is just the latest in a long series of such scandals, all of which follow the same pattern. There is early...

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Good News – America Chooses Well By Nationalisation

10.09.08 Publication:

The nationalisation by the American government of two huge mortgage-lenders, known as Fannie Mae and Freddie Mac, is a piece of unequivocally good news, a ray...

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Persuading Afghan Farmers to Stop Growing Opium

31.08.08 Publication:

There is a strange inconsistency in the way we treat farmers. If they grow wheat, or sugar beet we pay them subsidies, sometimes to produce more, sometimes to...

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GDP Drop – A Crisis But Not The Apocalypse

15.08.08 Publication:

This global economic situation continues to make a nonsense of all predictions. One year ago, when the “credit crunch” based on American subprime mortgages...

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Anti- Fat Tax

11.08.08 Publication:

So, a report by the French tax and social affairs inspectorate wants to promote higher taxes on foods that are “too rich, too sweet, too salty and are not...

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Should Drugs Be Allowed In Sport?

02.08.08 Publication:

Technology plays a part in virtually every sport. We know there have to be rules about what materials are used in tennis rackets and golf clubs, about what...

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Progress or Not for the World Trade Organisation

29.07.08 Publication:

This week, on the shores of Lake Geneva, a meeting is taking place that could determine whether globalization continues to make progress or whether...

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Creating a Shadow Government

11.07.08 Publication:

Robert Hughes, the great Australian art critic and essayist, called it “The shock of the new” in his justly celebrated book and television series on...

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Green Energy Tax

22.06.08 Publication:

If globalisation means that we share problems with more and more other countries as well as create opportunities for trade and investment, then proof of that...

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A Great Depression Like 1929?

11.06.08 Publication:

America should be flattered. Despite all the talk of its decline, in the aftermath of the Iraq war and now the subprime mortgage crisis, and despite claims in...

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Burma and China – Reacting to Their Natural Disasters

28.05.08 Publication:

When two natural disasters occur side by side, in neighbouring countries, we are inevitably tempted to compare them. That is exactly what has happened with the...

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McCain and Obama – Supporting Globalization

20.05.08 Publication:

Those of us who are in favour of globalisation, who celebrate the way it has raised living standards and reduced poverty around the world, are forever worrying...

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Condemned Britain – 2 Years of Weak Government

04.05.08 Publication:

This was the beginning of the end for Labour Party rule in Britain. In theory, Labour’s prime minister, Gordon Brown, has up to two years to recover from the...

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Necessary State Intervention – Who Decides?

21.04.08 Publication:

Commentators and scholars of Japan have for many years been attracted by strange parallels between the politics of that country on the far edge of Asia and of...

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The Theatre of Italian Elections

14.04.08 Publication:

An election campaign is a piece of pure political theatre, whether it is interminably long, as in America’s two-year races, rather short as in Britain’s...

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The Free Market Saves The Fed

25.03.08 Publication:

It is a debate that will never die. The rescue this week by the Federal Reserve Board of Bear Stearns, America’s fifth-biggest investment bank, and its...

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