Publication: Corriere della Sera
Obama´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 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 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...
Read moreG20 – No Magic Solutions
14.11.08 Publication: Corriere della Sera
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...
Read moreEuropean Banks In Crisis – Is the US to Blame or Not?
07.10.08 Publication: Corriere della Sera
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...
Read moreChina – The Need for Greater Food Safety Controls
23.09.08 Publication: Corriere della Sera
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...
Read moreGood News – America Chooses Well By Nationalisation
10.09.08 Publication: Corriere della Sera
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...
Read morePersuading Afghan Farmers to Stop Growing Opium
31.08.08 Publication: Corriere della Sera
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...
Read moreGDP Drop – A Crisis But Not The Apocalypse
15.08.08 Publication: Corriere della Sera
This global economic situation continues to make a nonsense of all predictions. One year ago, when the “credit crunch” based on American subprime mortgages...
Read moreAnti- Fat Tax
11.08.08 Publication: Corriere della Sera
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...
Read moreShould Drugs Be Allowed In Sport?
02.08.08 Publication: Corriere della Sera
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...
Read moreProgress or Not for the World Trade Organisation
29.07.08 Publication: Corriere della Sera
This week, on the shores of Lake Geneva, a meeting is taking place that could determine whether globalization continues to make progress or whether...
Read moreCreating a Shadow Government
11.07.08 Publication: Corriere della Sera
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...
Read moreGreen Energy Tax
22.06.08 Publication: Corriere della Sera
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...
Read moreA Great Depression Like 1929?
11.06.08 Publication: Corriere della Sera
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...
Read moreBurma and China – Reacting to Their Natural Disasters
28.05.08 Publication: Corriere della Sera
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...
Read moreMcCain and Obama – Supporting Globalization
20.05.08 Publication: Corriere della Sera
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...
Read moreCondemned Britain – 2 Years of Weak Government
04.05.08 Publication: Corriere della Sera
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...
Read moreNecessary State Intervention – Who Decides?
21.04.08 Publication: Corriere della Sera
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...
Read moreThe Theatre of Italian Elections
14.04.08 Publication: Corriere della Sera
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...
Read moreThe Free Market Saves The Fed
25.03.08 Publication: Corriere della Sera
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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