Cautious Optimism from Cyprus
The events in Cyprus only reinforce the fact that all countries, and especially those with large banking sectors, must tighten regulation and insist on higher capital requirements where they are needed. […]
Economy
Emerging Markets Unite!
A new initiative by the BRICS coalition of emerging countries, intended to establish a new development bank, will rival traditional development groups such as the IMF and World Bank and may shift the balance of power of the world’s economy. […]
Cyprus and the Euro Crisis
The Cypriot banking crisis reveals the danger of the euro crisis incapacitating Europe and the global economy more broadly. […]
Don’t Buy the Hype on the Transatlantic Trade Deal
Expectations for the U.S.-EU free trade agreement are dangerously high. Reaching a deal is likely to take longer and produce smaller gains than optimistic figures suggest. […]
Economic Turmoil in Arab Countries—Can Partners Help?
Summary:
Two years after the democratic revolutions in several Arab countries, the economic situation in the region remains precarious. […]
European Union Debt Crisis
The euro crisis continues to hamper Europe’s growth, and the risk of contagion hangs in the air. […]
The Limits of Philanthropy
The 300 billion dollars Americans give every year to philanthropic causes provide a channel for important social change. So why are academics and even President Obama in favor of limiting tax deductions that can be claimed for charitable contributions? […]
Bubble Building
Speaking on RT CrossTalk, Carnegie’s Uri Dadush discussed the use of monetary expansion by advanced countries to redress their economies. He warned that although the world is not yet in a new bubble economy, it […]
Europe’s Stagnant Future
The euro crisis is far from over. The best possible outcome for Europe may be years of stagnation, as the danger of a renewed financial crisis is very real indeed. […]
Obama’s Second-Term Agenda and the Global Economy
Obama’s State of the Union address reinforces his overwhelming focus on a domestic agenda in his second term. […]