Tag Archives: World Economy

Its a political problem

Was the decision to downgrade the US economy from a triple A rating the catalyst or is it the Eurozone’s debt crisis and fears of another recession that caused the markets to panic? Are global economies running out of options to rescue their economies and what … Continue reading

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Closing the gap ?

By Dani Rodrik Perhaps for the first time in modern history, the future of the global economy lies in the hands of poor countries. The United States and Europe struggle on as wounded giants, casualties of their financial excesses and political … Continue reading

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I am a part of it

The series ” The world we live in Now” has been an experiment. For some time now I have been posting articles I found across a wide selection of media. I tried to stick to articles written by independent experts … Continue reading

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How risky is the global economy ?

By Mohamed A. El-Erian Three years after the global financial crisis, the global economy remains a confusing place – and for good reasons. Should we draw comfort from gradual healing in advanced countries and solid growth in emerging economies? Or should … Continue reading

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Gambling with the Planet

By Joseph E. Stiglitz The consequences of the Japanese earthquake – especially the ongoing crisis at the Fukushima nuclear power plant – resonate grimly for observers of the American financial crash that precipitated the Great Recession. Both events provide stark … Continue reading

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Saboteur in action

By Thomas L Friedman It is hard to read the news from Japan to the Persian Gulf and then reflect on American politics and not conclude, as scientists would say, that we’re running an uncontrolled experiment on the only country … Continue reading

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The Mauritius Miracle

by Joseph E Stieglitz Suppose someone were to describe a small country that provided free education through university for all of its citizens, transportation for school children, and free health care – including heart surgery – for all. You might … Continue reading

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Ten problems

by Danny Schechter Hats off to Matt Taibbi for staying on the Wall Street crime beat, asking in his most recent report in Rolling Stone: “Why Isn’t Wall Street in Jail?” “Financial crooks,” he argues, “brought down the world’s economy — … Continue reading

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