Propping up the euro through contentious fiscal and banking arrangements, all without adequate guarantees from countries on Europe’s periphery, may not produce the long-term stability that is in the interest of both sides of the Atlantic. […]
The solution to America’s employment problems is not to attempt to stop technology or trade, but rather to increase investment in education and look closely at how skill needs can be better matched with supply. […]
Using car ownership as a proxy for purchasing power indicates that the global middle class is about 50 percent larger than typically assumed, with important implications for geopolitics and economics. […]
With European voters voicing their frustration at harsh austerity measures, economic fears are back in the eurozone and any respite from government and central bank intervention appears to be fading. […]
As concerns rise over a potential exit by Greece and a possible bailout for Spain, the eurozone remains in a very difficult predicament, with few good options for moving forward. […]
With tighter sanctions on Iran scheduled to go into effect in the second half of this year, global oil prices could spike further, adding uncertainty to fragile global economic prospects. […]
Since opening up to the world in 1979, China’s economy has grown by an astonishing 10 percent, on average, in real terms every year. But many observers have pointed out that China’s recent “rise” is more aptly deemed a “return” to the preeminence it enjoyed before the eighteenth century. […]
Europe’s periphery is finding itself at a crossroads similar to the one Argentina and Latvia faced in the last decade. But a decision to exit or stay in the eurozone will have much more far-reaching consequences. […]
Soaring inequality is front and center in the electoral debate. How does the inequality trend in the United States compare with other countries? […]
The new World Bank president, an American once again, was selected through a process that was far from competitive. However, the presence of two developing world candidates in this year’s field may be a sign that the tide is turning. […]
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