"For an informed debate"
...a modernization of development banks and a bold solution to the emerging countries' debt problem. A paper written for the Rencontres Économiques de Washington. If we fail to act to divert a global recession – or simply fail to help insulate the world’s low- and middle-income countries from...
Read more...criticism of China is not likely to provide a solution to these long term trends. Another implication is that the distinction between manufacturing and services is likely to become increasingly blurry. More manufacturing firms are engaging in services activities, and more wholesale firms are...
Read more...nuclear program and the like. So, what’s the solution? I think that, first of all, the global public institutions like the United Nations will continue to play an important role in peacekeeping and certain forms of nations-building, in certain forms of security. But for the most important...
Read more...monetary affairs are at stake, cooperative solutions are definitely desirable. According to a recent motto: “the deficit is a shared responsibility”. That’s correct. But going into details reveal a paradox: one, the US deficit is not a deficit with Europe, it’s a deficit with...
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