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Europe: Fig Leaves to Save Spain and Italy
Looking to score without breaking a sweat, European politicians of almost every ideological persuasion often turn on ‘Brussels’, assigning blame to the union for every conceivable domestic ill and castigating it for their own failings. Unable to put up a
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EU: Stage Set for Clash
The Hague is expected to deploy the biggest gun available to EU member states and roll out its veto to derail a Franco-German plan that introduces eurobonds under a different name. Last week, the Dutch were said to have succumbed
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A Troubling Edict from Karlsruhe
The European Union is facing the sharpest contraction of economic output since its founding in 1957. This year, the EU’s GDP is set to shrink by 7.4 percent. The steepest declines occur along the northern rim of the Mediterranean in
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The Reassertion of National Self-Interest
The Great Society is making a comeback with Big Brother possibly in attendance. After a decades-long retreat from public life, the state is firmly back in control of society – and the economy. Private interests, sacrosanct until weeks ago, no
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Waterloo or Austerlitz: EU Nears Moment of Truth
The European Union approaches a now-or-never moment when leaders of the 27-strong bloc meet in a video conference to discuss ways out of the pandemic quagmire that bogs down the continent’s economy and threatens to escalate the present recession into
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Otaviano Canuto: More Than One Coronavirus Curve to Manage – Infection, Recession and External Finance
Flattening Coronavirus Curves – Otaviano Canuto First appeared at the Policy Center for the New South The global reach of COVID-19 is now clear. In a short time, country after country has suffered outbreaks of the new coronavirus, with each
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Business in Times of Corona: Pandemic Puts Eurobonds Back on the Table
The leaders of nine Eurozone countries on Wednesday refloated the previously discarded idea of issuing Eurobonds, a collective debt instrument backed by the combined securities of participating countries, as a way of pooling risk and mitigating the economic impact of
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SG Finans AS: Financing Green Revolution to Keep the World Turning
The financial sector is at the heart of an essential shift to more sustainable development, based on a more inclusive and sustainable economy. Société Générale is one of the founding banks for the Principles for Responsible Banking, and has been
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Political Order and Political Decay: From the Industrial Revolution to the Globalization of Democracy
“When the middle class constitutes only 20–30 percent of the population, it may side with antidemocratic forces because it fears the intentions of the large mass of poor people below it and the populist policies they may pursue.” For Francis
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Ann Low, US Department of State: Go Green by 2019 – Make Business Registration Easy Everywhere by 2019
The “Go Green by 2019” campaign is designed to promote transparent and user-friendly business registration processes worldwide. It is a joint initiative of the Kauffman Foundation’s Global Entrepreneurship Network (GEN), the United Nations Conference on Trade and Development (UNCTAD) and
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