Ideas over Interests

rodrik

The most widely held theory of politics is also the simplest: the powerful get what they want. Financial regulation is driven by the interests of banks, health policy by the interests of insurance companies, and tax policy by the interests of the rich. Those who can influence government the most – through their control of [...]

The Challenges of a Multipolar World

sachs

The annual spring meetings of the International Monetary Fund and the World Bank have provided a window onto two fundamental trends driving global politics and the world economy. Geopolitics is moving decisively away from a world dominated by Europe and the United States to one with many regional powers but no global leader. And a [...]

Whose World Bank?

stiglitz

US President Barack Obama’s nomination of Jim Yong Kim for the presidency of the World Bank has been well received – and rightly so, especially given some of the other names that were bandied about. In Kim, a public-health professor who is now President of Dartmouth University and previously led the World Health Organization’s HIV/AIDS [...]

Building a common Future without common Memories?

Ulrike Guerot

Last week I blogged about how the euro-crisis poisoned the way we talk about each other in Europe and I argued that this starts getting dangerous. I am happy to see that this observation has found its way into the FAZ Feuilleton and that even the FAZ starts to get concerned about this, although the paper’s take on the [...]

The Global Future of Europe’s Crisis

kemal dervis

It is now clear that the eurozone crisis will continue well into 2012, despite early February’s recovery in stock markets. Negotiations between Greece and the banks over Greek sovereign debt may yet be concluded, but sufficiently wide participation by banks in the deal remains very much in doubt. Meanwhile, the International Monetary Fund has raised [...]

The Nation-State Reborn

rodrik

One of our era’s foundational myths is that globalization has condemned the nation-state to irrelevance. The revolution in transport and communications, we hear, has vaporized borders and shrunk the world. New modes of governance, ranging from transnational networks of regulators to international civil-society organizations to multilateral institutions, are transcending and supplanting national lawmakers. Domestic policymakers, [...]

Stronger Europe or Democratic Sovereignty? Yes Please!

Paul Linden-Retek

European citizens today are confronted with increasingly histrionic specters of disaster: financial ruin, xenophobic regression, a catastrophic reversal of the pax Europaea achieved over the past half century.  In response to this approaching threat, Europeans are offered two distinct—yet misleading—choices: either (a) embrace a strengthened European Union with broader authority to regulate the internal policies [...]

The European Paradox: Brussels Must Become More ‘European’

Cuperus 1 (1)

Yet again historians, sociologists, cultural studies academics, and political scientists betray their academic duty. Previously they’ve shied away, in numbers far too big for comfort, from the problems of immigration, integration and Islam. They became traitors to their own expert knowledge on human society by failing to, in a timely and loud fashion, single out [...]

Leaderless Global Governance

rodrik

The world economy is entering a new phase, in which achieving global cooperation will become increasingly difficult. The United States and the European Union, now burdened by high debt and low growth – and therefore preoccupied with domestic concerns – are no longer able to set global rules and expect others to fall into line. [...]

The Defining Issue: Not Government’s Size, but Who It’s For

robert-reich

The defining political issue of 2012 won’t be the government’s size. It will be who government is for. Americans have never much liked government. After all, the nation was conceived in a revolution against government. But the surge of cynicism now engulfing America isn’t about government’s size. The cynicism comes from a growing perception that [...]

A Bazooka Against the European Electorate

Cuperus 1 (1)

And again, historians, sociologists, cultural studies academics and political scientists betray their academic duty. Earlier, they shied away from the problems of immigration, integration and Islam en masse. They turned traitor to their expert knowledge of human society by failing to signal the shadow sides of multicultural integration in a loud and timely manner. They [...]

Contours of a Political Union

hacker

The euro member states and the European institutions have not yet managed to come up with a convincing plan to surmount the crisis afflicting the Economic and Monetary Union (EMU). This is due both to a false analysis of the causes and a reluctance to take decisive political measures. A review of Friedrich-Ebert-Stiftung publications on [...]