An Inconvenient Book
Thomas Piketty’s latest book is a masterpiece of historical and economic analysis, a book that, in ambition and originality, aspires to become an instant economic classic. […]
Western Europe
365 Days of Unequal Growth
2014 will be a year of global economic recovery—but only for some. And the perception of economic stagnation may trump the reality of economic growth. […]
NAFTA’s Mixed Impact on the Global Economy
NAFTA essentially tries to build a more integrated North American economy. […]
Immigrants Are Not Criminals
Immigrants come to Europe to work, and Europeans need them. It is time for France and other EU countries to bring their immigration policies more in line with their ideals. […]
The Lessons of Lampedusa
Unskilled migrants offer many economic advantages for recipient countries in the West. As Europeans get richer and older, they will need more and more unskilled immigrants. […]
Emerging Markets Are Not The Answer To Our Growth Problem
Summary:
Developing economies have performed strongly, while their advanced-country counterparts have struggled to sustain comparable economic growth. Emerging markets can help the advanced economies, but they are still too small and vulnerable to do the job on their own. […]
Cold Water for Hot Trade Deals
The nature of global trade has transformed and adapted greatly since the stalled Doha Round of the World Trade Organization. […]
EU Economy
If growth does not return to Europe in the next two years, the political situation will become more difficult. […]
The Three-Speed World is Not Forever
Although the United States weathered the global recession relatively better than its European counterparts, it is not as strong as it looks and Europe’s long-term prospects are better than its current dismal performance suggests. […]
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. […]