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All items tagged finanical crisisGlobal Must Read ArticlesFebruary 20, 2009 | Old Europe to The Rescue!The liberalization paradigm, mantra of Eastern Europe in the 90s that aimed to speed up the integration process, is being questioned as the region is devastated by the economic crisis. ++ Old Europe had better help these new member states through measures such as contributions of loans and economic surveillance. ++ Mishandling the crisis would be detrimental for the whole European continent and ... MoreFebruary 19, 2009 | Better Than the Middle Class Hiding the Money AwayPushing through a horrible stimulus package quickly was necessary, otherwise it would have been too late. ++ It may be too late for the economy, but at least money goes to the poor, who will spend it quickly on necessities. ++ The package lacks real innovation, like resources for re-integrating prisoners, flexible help for poor areas, things that would build up the assets of poor people rather ... MoreFebruary 11, 2009 | Davos: A First Step Out of the CrisisDavos provided the starting point of the way out of the financial crisis by bringing together G-20 leaders. ++ Climate change can become part of the economic revival, with the job and technology opportunities that sustainable energy offers. ++ An important conclusion is the need to review businesses’ system of renumeration, and short-term greed must be addressed. ++ Davos participants ... MoreFebruary 4, 2009 | Britain: Immigrants Are Target of Domestic WoesWhen will people start to understand that immigrants are vital for a functioning economy and kicking them out of Britain would mean depriving people of doctors, nurses, teachers and so forth? ++ In addition, immigrants don’t just take national jobs, they also create them by spending in shops and making the economy run. ++ Free movement of labor is one of the legal requirements of EU membership. ... More |
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