Tag archive for ‘global imbalances’
Does Europe need a Strategy for China?
The European Union is the second largest economy in the world, but does it have a global economic strategy? 10 years after the creation of the euro, there is little evidence for it. Policymakers are more concerned with protecting narrow domestic advantages than with improving opportunities for the European economy as a whole. The Lisbon [...]
Good Capitalism… and what would need to change for that
The ongoing financial crisis points unmistakably to the glaring weaknesses of the present economic system. An event that seemed relatively manageable in economic terms – the real estate bubble in the United States – has brought the globalised economy to the brink of a new depression, reawakening memories of the world economic crisis of 1929.
The [...]
