The Retreat of Financial Globalization?

The Retreat of Financial Globalization?

Eight years after the global crisis of 2008-09, its reverberations are still being felt. These include a slowdown in world trade and a reassessment of the advantages of globalization. Several recent papers deal with a decline in international capital flows, and suggest some reasons for why this may be occurring. Matthieu Bussière and Julia Schmidt of the […]

The Europe of Peoples Destroys Itself

The Europe of Peoples Destroys Itself

photo: Peter Kurdulija On reading the deluge of comments on the outcome of the “Brexit” referendum, you may  notice that there is (at least) one diagnosis of the fateful event on which “pro-Europeans” and “anti-Europeans” agree: Europe is too distant from the people, and the slave of technocratic bureaucracies. Too bad that this is an entirely […]

Why the EU-China Summit Must Succeed

Why the EU-China Summit Must Succeed

photo: European External Action Service The annual China-EU Summit is a great opportunity for Beijing and Brussels to align complementary investment agendas. Failure is no longer an option. The annual EU-China Summit will take place in Beijing in mid-week. The high stakes are reflected by high-level participation, which includes the European Council President Donald Tusk, European […]

The Impact of Financial Globalization on the Brexit Vote

The Impact of Financial Globalization on the Brexit Vote

photo: freestocks.org The reasons for the majority vote in favor of the United Kingdom leaving the European Union will be studied and analyzed for years to come. Globalization in the form of migration—or fear of migration—played a considerable role. Support for leaving the EU was also high in the British version of the “rust belt,” in this case […]

Brexitology

Brexitology

 photo: muffinn A generation ago, in the second half of the 80s, hardly anyone would predict the fall of real socialism, or communism, as it was known in the West, and the disintegration of the Soviet Union. Quite the contrary; even such prominent Sovietologists as Zbigniew Brzeziński assumed that the USSR may not fall and would […]

Viva L’Inghilterra Viva L’Europa

Viva L’Inghilterra Viva L’Europa

photo: Niccolò Caranti “Et veritas liberabit vos (Giovanni 8-30) Intentionally I write this note on the British referendum on Europe, Thursday, June 23 at h 20.30, before the polls close and, therefore, without knowing the outcome. The only thing I know is that in the afternoon, the bookmakers were paying 6 to 1 against the exit. […]

Krugman and DeLong Are Right, Eurotimidity Must Be Defeated. Here Is How

Krugman and DeLong Are Right, Eurotimidity Must Be Defeated. Here Is How

photo: Images Money   Key takeaway – In Turkey, a coup attempt failed in less than 12 hours. President Erdoğan has declared that “the government is in control” and he is “not going to compromise”. What is next? Likely, Erdoğan’s popularity will increase, and constitutional changes will lead to a presidential system. Instability will continue, crackdowns […]

A Trivially Overlooked Brexit Scenario and Its Potential Aftermath in Early 2016

A Trivially Overlooked Brexit Scenario and Its Potential Aftermath in Early 2016

Although in early 2016 very few economists and analysts would bet their farms on a likely Brexit scenario, its serious systemic consequences and insightful potential root causes were clearly detailed and explained in the following article which still remains highly relevant in the current global economic outlook. Figuring out these days (early March 2016) what […]

Brexit!

Brexit!

In 1932, British author Aldous Huxley published the novel ‘Brave New World’. On 23 June 2016, 51.9% (Figure 1) of the British people decided to write their own version of a ‘Brave New World’ with a vote to LEAVE the EU. For many people around the world, the result has come as a shock given […]

1 2 3 21