Distressing stress tests
[2010-08-24 08:03]The financial crisis is over, but the age of general economic slowdown is only just beginning.
Can emerging markets save the world economy?
[2010-08-24 07:42]Emerging economies, once considered much more vulnerable, have been remarkably resilient. With growth returning to pre-2008 breakout levels, the performance of China, India, and Brazil is an important engine of expansion for today's global economy.
What's in a BRIC?
[2010-08-23 16:45]Brazil, Russia, India, and China recently held their second annual summit in Brasilia. Journalists continue to lavish attention on these so-called "BRIC" countries, but I remain skeptical of the concept.
Central banking deflowered
[2010-08-24 08:03]The choice for European central banking is now open: should it play around with multiple political partners, or should it settle down to stable marital bliss with a well-defined mechanism for responsibility and accountability?
Lame ducks in love
[2010-08-24 07:55]President Barack Obama pressed European leaders to act to rescue the euro. The US economy would be highly vulnerable in the case of a euro collapse, so today's lame ducks need to embrace each other.
In finance we distrust
[2010-08-23 11:10]Around the world, the debate about financial regulation is coming to a head. A host of arguments and proposals is in play, often competing with one another – and thus inciting public and political confusion.
