Economia
Do Jeffrey Sachs, no Financial Times:
The recent swoon in financial markets and the stalled recovery in the US and Europe reflect these fundamental shortcomings. There is no growth strategy, only the hope that scared and debt-burdened consumers will return to buying houses they don’t need and can’t afford. Sadly, these global economic currents will continue to claim jobs and drain capital until there is a revival of bold, concerted leadership. In the meantime, the markets will gyrate in pangs of uncertainty."
- Can The Euro Area Hit The Rewind Button? - Barry Eichengreen
Num artigo do passado dia 23 de Julho, Eichengreen considera que a criação do euro foi um gigantesco erro: "Creating a single currency without also creating a single bank regulator, an emergency lender, and a credible set of fiscal rules gave...
- A Posição Atual Da Alemanha Na Europa
Europe’s reluctant hegemon Germany, now the dominant country in Europe, needs to rethink the way it sees itself and the world, says Zanny Minton Beddoes Jun 15th 2013 |From the print edition From the football pitch to politics to...
- A Grande Estagnaçaõ - A Bomba Da Dívida
Betting with Trillions Prison of Debt Paralyzes West By Cordt Schnibben Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why...
- Por Que O Novo Chefe Do Fmi Vai Ser Novamente Um Europeu
US balks at backing European candidate for IMFUS refrains from supporting Europe's push to lead the IMF; calls for prompt, open succession Together, the U.S. and Europe control more than 50 percent of the votes on the IMF's board. A simple majority...
- Encontro Do G20
Nov. 14 (Bloomberg) -- A two-day summit on the global economic crisis begins today in Washington with world leaders likely to agree on little more than trying to spend their way out of a global recession. The Group of 20 heads of state are divided on...
Economia
A Falta Que Boa Liderança Faz
Do Jeffrey Sachs, no Financial Times:
"The last missing piece for any recovery, however, is clarity of purpose from the political class. In Europe, a coherent response led by the European Union has been sidelined to policymaking by national governments – the pact between France and Germany being only the latest example. For months, Europe’s fate has been decided by German state elections and small Finnish parties. The European Central Bank has been so divided that it too has neglected core functions of stabilising panicked markets. There is no way the euro can survive if European-wide institutions continue to be so weak, slow and divided.
The US has similarly devolved into a mélange of sector, class, and regional interests. President Barack Obama is the incredibly shrinking leader, waiting to see whether Congressional power barons will call. More generally, the US cannot prosper while its politicians go hat in hand to the vested interests that finance their nonstop campaigning. The recent swoon in financial markets and the stalled recovery in the US and Europe reflect these fundamental shortcomings. There is no growth strategy, only the hope that scared and debt-burdened consumers will return to buying houses they don’t need and can’t afford. Sadly, these global economic currents will continue to claim jobs and drain capital until there is a revival of bold, concerted leadership. In the meantime, the markets will gyrate in pangs of uncertainty."
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- Can The Euro Area Hit The Rewind Button? - Barry Eichengreen
Num artigo do passado dia 23 de Julho, Eichengreen considera que a criação do euro foi um gigantesco erro: "Creating a single currency without also creating a single bank regulator, an emergency lender, and a credible set of fiscal rules gave...
- A Posição Atual Da Alemanha Na Europa
Europe’s reluctant hegemon Germany, now the dominant country in Europe, needs to rethink the way it sees itself and the world, says Zanny Minton Beddoes Jun 15th 2013 |From the print edition From the football pitch to politics to...
- A Grande Estagnaçaõ - A Bomba Da Dívida
Betting with Trillions Prison of Debt Paralyzes West By Cordt Schnibben Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why...
- Por Que O Novo Chefe Do Fmi Vai Ser Novamente Um Europeu
US balks at backing European candidate for IMFUS refrains from supporting Europe's push to lead the IMF; calls for prompt, open succession Together, the U.S. and Europe control more than 50 percent of the votes on the IMF's board. A simple majority...
- Encontro Do G20
Nov. 14 (Bloomberg) -- A two-day summit on the global economic crisis begins today in Washington with world leaders likely to agree on little more than trying to spend their way out of a global recession. The Group of 20 heads of state are divided on...