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All items tagged global recessionGlobal Must Read ArticlesFebruary 10, 2010 | Spain is the Weakest Link in the G-20The Spanish gov’t. is doing damage control to combat the belief that the country is holding back the rest of the eurozone. ++ Spain is the only G-20 country still to be in a recession as of the 4th quarter of 2009. ++ “The eurozone could drift, essentially with a bifurcation, with a strong centre and a weaker periphery.” ++ Comparisons to Greece should be avoided as Spain is in ... MoreFebruary 17, 2009 | Next Year is Too Late; Act Now for Green GrowthThe 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 ... MoreFebruary 17, 2009 | The Party is Over, Go HomeThe financial crisis spares none as it rains down economic havoc around the globe. ++ Dubai, the “shrine” of capitalism, is now in the heart of the storm, and extravagant projects costing billions of dollars are quickly being abandoned. ++ Loan provision has dried up, the stock and property market are in equal distress, and as unemployment rises, visa permits expire and both workers ... More |
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