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Global Must Read Articles

May 29, 2009 | Only China's People Power Can Bring Recovery

US consumers won’t spend us out of the downturn - they lack the leverage: recession ends the old cycle of the US buying up Chinese goods, fueling global growth, building Chinese savings thus financing US borrowing. ++ Recovery is endangered. ++
China could become the alternative buyer, but so far the low income of families and the lack of a safety net has restrained spending power . ++ We must

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May 6, 2009 | Crisis Management Means Securing Long-term Growth

The economic recession demands crisis management that
incorporates not only spontaneous aid measures, but also lays the foundations
for long-term growth. Poor crisis management could have fatal effects on the
long-term prospects of growth. Cases in point are Japan
and Sweden,
who experienced many economic hardships in the 1990s. Japan’s faulty
crisis management strategy led to a limping

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February 26, 2009 | A Fine Line Between Hope and Fear

The White House’s comparisons between the US’ current financial situation and the Great Depression have created a necessary climate of fear in the country. ++ This crisis is both alarming and systemic and America must face up to its bad habits if it is to make it through to the other side. ++ However, if Obama is to honor his campaign promises, this anxiety-discourse must also be

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February 17, 2009 | Next Year is Too Late; Act Now for Green Growth

The recovery of the economy lies, justifiably, at the center of political attention. ++ But while states are busy coming up with stimulus plans they should not neglect the environment. ++ A three-step plan should be conceived. ++ First, the response to the global recession should be globally coordinated. ++ Second, policies should be “pro-poor” to prevent further political

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Ralf  Fuecks
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