The blending of left- and right-wing programs is hardly novel. The Nazis proudly called themselves National Socialists. And Mussolini, who started out as a diehard socialist, didn’t give up his core belief in state control even after he found a more effective way of rousing disaffected Italian masses. From the late 19th century onwards, political movements […]
Clearly, economic inequality is a highly complex phenomenon, affected by a wide variety of factors – many of which we do not fully understand, much less control. Given this, we should be wary of the kinds of radical policies that some politicians are promoting today. Their impact is unpredictable, and that may end up doing […]
Terror attacks, geopolitical turmoil, volatile stock markets – it’s fair to say the year has got off to a bumpy start. But what will the rest of 2016 hold? While it’s notoriously difficult to make accurate predictions, some of the leaders in Davos had a go. Here’s what they think the next 11 months might […]
Now what to do with it. The Arctic is open for business, and everyone wants a piece. A council at Davos lays down some rules. Read Here – Bloomberg
From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the rise in 2016.
One reason that the global economy is so sluggish is that, seven years after the collapse of Lehman Brothers, financial stability is not yet assured. Financial-sector weaknesses linger in many countries – and financial risks are growing in emerging markets. Putting all of this together, global growth in 2016 will be disappointing and uneven, says Christine […]
Ultimately, however, it won’t be Yellen’s P.R. skills that determine how she is remembered. It will be her economic judgment, and her confidence in the enduring strength and vigor of a revived U.S. economy. Read Here – The New Yorker
The Federal Reserve deserves praise for managing once again to carry out a tricky transition without causing disruptions in financial markets and creating too much risk for the real economy. Sustaining this success will require more than just the central bank’s continued responsive policy making, Mohamed El-Erian writes for Bloomberg. Read Here – Bloomberg
The emerging world—lower and middle income countries alike—found China’s insatiable appetite for commodities in recent years a godsend. For the new middle class a commodity supercycle was the simplest route to plenty. If a country had commodities it benefited either from direct trade, or though persistently higher prices of nearly all industrial commodities. By meeting […]
looking beyond borders 