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We are addressing two of the most crucial issues which are to be discussed at the conference: Based on readers' comments, we will generate a special Atlantic Memo that will be distributed to WEF organizers and to decision makers worldwide at the start of the conference. April 28, 2010 | Germany's Hesitation Made the Greek Crisis Worse“Both Greece’s calculation errors and the diva-like reluctance of the German government to help Athens are nothing more than an invitation to speculators to bet on the demise of the southern European country.”++ When Germany failed …More January 11, 2010 | Designing Financial SustainabilityThe United States and the European Union are establishing a series of new tools for ensuring financial control and preventing new financial crises. The EU is setting up a European Systemic Risk Board (ESRB) for macroprudential control and a …More December 16, 2009 | Hold On To The ExpatsIn the present financial crisis many expats are dropped by their home company in favor of local hire. ++ Although this presents a significant cost reduction to the head office initially, the mid- to long term effects of dispensing with key personnel are …More December 4, 2009 | Reminders from DubaiThe financial turmoil in Dubai last week, following the state-owned Dubai World conglomerate’s request for a six-month standstill on its debts, is a reminder for investors that they should not assume implicit government support. ++ It also demonstrates that the …More November 12, 2009 | Financial Crisis Hits Developing Countries Harder than ExpectedThe financial crisis has hit poor, developing countries to a greater extent than anticipated. An additional 50 million people have slid into poverty there. Developing countries are set to lose 750 billion dollars in …More November 12, 2009 | Capitalism in Need of ReinventionTwo decades after the fall of the Berlin Wall, with many former communist as well as capitalist states in crisis, capitalism needs to be reinvented. ++ The failure does not lie with the system, but with “defects in the world’s financial and …More October 7, 2009 | Hedging Is Wise As China RisesGreg Randolph Lawson: As China rises, many questions loom about its trajectory. The United States must be prepared to confront everything from continuing economic interdependence to outright military conflict. However, too much emphasis on either extreme would be unwise, thus the U.S. must continue walking a tightrope …More September 24, 2009 | The G20 Pittsburgh Summit - Symbolic Policies or Fundamental Reforms?Johannes Klocke: In principal, the G20 process is right. Yet, the emphases of the G20 agenda remain questionable and problematic. It is becoming more and more likely, that even the deepest crisis since the Great Depression will not suffice to initiate fundamental reforms of the financial system. …More September 3, 2009 | Bernanke Still Blind to DangerObama’s re-nomination of Ben Bernanke to a second term as Fed chairman was a populist and bad decision. ++ Bernanke has to take huge responsibility for the global economic crash and it seems he has not learned from his mistakes. ++ To keep the Federal …More August 27, 2009 | Walk the Walk G20!Until now, leaders from the G20 countries have not shied away from grand declarations as to how the world of finance must change. ++ Most statements involve deep cuts in executive bonuses and the granting of state credits for corporations. ++ President Nicolas …More August 24, 2009 | The Comeback of Global Governance.Marc Saxer: To use of the window of opportunity for establishing effective global governance, Europeans should accept that not all countries are willing to cede their sovereignty, but should work to increase the representation of emerging powers in multilateral structures. …More August 17, 2009 | Will US Recovery Go Global?Despite the current economic improvement in the US, global prospects still leave room for scepticism. ++ “The world can no longer rely [on] growth [for] free-spending Americans, because the US needs export-led growth.” ++ Developing …More August 11, 2009 | The Myth of Western Decline and G7-OECD ObsolescenceIra Louis Straus: Despite widespread belief in a decline of the West and obsolescence of G7-G8, the actual statistics show that G7-8 remains overwhelmingly important, both as a vehicle for mutual cooperation and a guide for the world economy. A G14 or G20 could not provide an adequate substitute for it. …More July 16, 2009 | Expats Should Not Overlook Social Injustices in DubaiEimear O'Casey: Dubai’s growth came at the expense of the human rights of Asian and African workers, and against the fragile environment. Westerners moving to Dubai have a responsibility to end their ignorance toward this unfair society. …More July 9, 2009 | Obama Is G-8's Great White HopeExpectations are low for the next G-8 meeting, due to “inexcusably lax planning by the host government, Italy, and the political weakness of many of the leaders attending.” ++ If this session is going to justify the time and effort, …More June 4, 2009 | US Car Makers Lose out to Asia's Green CredentialsGeneral Motors, the second of the three big US car companies, filed for bankruptcy while the “rising economic might of Asia” appears differently than expected. ++ After the “industrial humiliation” of the US, the world turns its …More May 15, 2009 | US - China Relationship has Long Term ImportanceThe US - China relationship remains the most important in world politics. ++ “China’s response to the financial turmoil has been forthright” and has impressed governments across the world. ++ The US supports China’s membership in the …More April 16, 2009 | Neoliberal Capitalism Creates Missed OpportunitiesPresident Obama has changed the face of the US drastically, both nationally and internationally.++ When it comes to approaching the economic crisis however, Obama is missing out on an opportunity to find feasible alternatives to …More April 7, 2009 | The Economic Recovery Versus Economic NationalismDespite the agreement at last week’s G20 meeting, concerns exist that protectionism will come to the fore. ++ The Chinese proposal to replace the US dollar as the international currency is emblematic of this. ++ For decades the …More April 3, 2009 | The Transition to SustainabilityJeffrey D. Sachs: Long term economic growth will only be achieved if accompanied by sustainable investments in green technologies. Yet developed countries ought also to understand that they need to guide and help developing countries towards sustainability. …More March 27, 2009 | The Left's Missed OpportunityThe economic crisis has highlighted the failure of the US imposed model of deregulation, at least for the financial sector. ++ What a perfect occasion for the Left, whose mantra is state regulation, to re-enter the political scene. ++ …More March 20, 2009 | The Financial Crisis is a Chance!The idea guiding the upcoming G20 Summit in April to address the financial crisis should be that “every crisis embodies a chance to change things for the better”. ++ On the one hand, the opportunity of the current crisis is the promotion of the …More March 11, 2009 | "Global New Deal" Answer to the Economic DownturnToday’s politics is global as well as local. ++ A global effort is required to “reduce the impact of the downturn and support a sustainable recovery.” ++ Problems in emerging markets and developing countries should not be …More March 4, 2009 | Changing Priorities Could Reshape the EUThe economic crisis could result in an outbreak of nationalism across Europe. ++ It would be a retrograde step to roll back the successes that have been made in the areas of free movement of goods, people, services and capital. ++ These are …More March 3, 2009 | The Dark Side of BrusselsBehind its image of Eurocapital, seducing people from all over the globe, Brussels is in many ways comparable to a city of a developing country. ++ Dirty, bad economic conditions; 35% of the people aged under 25 are unemployed and this number rises …More March 2, 2009 | Obama States Intent with First BudgetBarack Obama’s first budget has seen him deliver the promises he set out in his campaign, without any signs of a bipartisan approach. ++ Sought after healthcare reform will be delivered by tax reforms, with greater tax contributions being made …More February 24, 2009 | A Good Dose of Regulation Solves All ProblemsEurope’s carbon markets are collapsing and this is bad news for climate change. ++ Economics dictates that if the price of a good goes down, demand goes up; this happened with carbon permits, because “if [they] are cheap, and everyone …More February 6, 2009 | The World Stands Up Against CapitalismPeople are sick and tired of having to pay for their governments’ mistakes; the time has come for elites to take responsibility. ++ It is customary in crisis times for “extraordinary politics” to enable politicians to adopt unpopular …More February 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 …More February 3, 2009 | From Globalisation to "Deglobalisation"To date, the world has known globalization. ++ But the financial crisis has spurred talks on the new trend of deglobalization: shifting focus from the international level to the domestic one. ++ This does not seem to concern the …More January 30, 2009 | Sarkozysm, Second Class GaullismFrance finds itself once again immersed in massive protests directed against Mr. Sarkozy, compared by several to General de Gaulle for their common attempts to monopolize power. ++ A striking difference, however, ought to be pointed out: …More January 30, 2009 | Davos: Towards Unity or Towards Division?Davos’ opening speeches have highlighted the opposing attitudes of the two orators. ++ They share only one thing in common, the target audience of their words: the absent USA ++ Putin heavily criticized the US for being the source of …More January 29, 2009 | World Leaders Powerless in DavosKlaus Schwab, President and Founder of the WEF, has stated that the 39th forum will be one of convalescence of the world economy. ++ Well, nothing is less sure. ++ Recently the crisis has hit both Asia and Brazil, both expected to be exempt. ++ …More January 29, 2009 | A Supranational Approach to Rescuing the Global EconomyMemo 12: Atlantic Community members are in agreement that addressing the global economic crisis is intrinsically linked to engaging with the new world order. All nations and relevant parties beyond the Bretton Woods transatlantic partners must be part of the solution. …More January 28, 2009 | Davos: a Message of HopeThe annual appointment in the Swiss mountains to discuss the future of the world economy arrives just in time to get to the heart of the financial crisis. ++ Unfortunately newly elected President Obama will not be present ++ At his inauguration speech, …More January 28, 2009 | Mediterranean: Beware of the New Social BrigadesThe Red Brigades, a communist inspired terrorist group which emerged in Italy in the 70s, have been substituted by new social brigades (NSB), a different name but no less nocuous. ++ Deprived of a strong political culture, NSB …More January 28, 2009 | Redefining the IMFLuke A. Nichter: The US should play a leading role in international monetary reform, and dialogue should be the tool. Most crucially, the IMF must be developed to act as a stabilizer and to reward those nations that play by the rules. …More January 27, 2009 | UK Must Shed Neo-Liberal FearsNothing can stop increased unemployment, and the young will be hit hardest. ++ The labor market is a social institution which touches on all parts of society. ++ Some companies try to avoid laying off workers, wanting to re-train them instead, but …More January 26, 2009 | Meet UN Aid Target for an Age of ResponsibilityThis age may end up being the Age of Intolerance, Nationalism, or even Decline. ++ At best, it may become the Age of Responsibility that Obama is trying to usher in. ++ This requires completion of WTO negotiations in order to create …More January 26, 2009 | Human Rights: A Matter of Guiding the Invisible HandAlyssa M. Ramsey: The international community of wealthy democracies must focus its efforts on molding the global economy so that it becomes the driving force behind the proliferation of respect for human rights. …More January 23, 2009 | Political Liberalism At the Heart of International TradeScott Edward Hartley: The relationship between economic and political liberalism is central to sealing the fate of the international economy. If global trade is to flourish, the free exchange of ideas must be promoted and presided over by international organizations in order to countermand myopic trade policies. …More January 22, 2009 | Unipolarity's Days Are NumberedYam Ki Chan: The era of US unipolarity is coming to an end. The international order is heading towards multipolarity or non-polarity. To manage the upcoming challenges, the UN Security Council, and particularly the US, must take leadership to strengthen the United Nations and increase financial interdependence. …More |
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In line with the forthcoming World Economic Forum Conference at Davos (Jan 28 - Feb 1), atlantic-community.org is holding a World Economic Forum Focus Week in a 5 day run-up to the event.
