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Open Think Tank Articles

November 8, 2011 | Solidarity: The Emptiest Word in Eurospeak

Julian Steven Lindley-French: France and Germany’s past actions expose their current plea for “solidarity” as empty rhetoric. What they really want is more money from the British taxpayer. It will be gladly handed over, but only after they emerge from their Euro fantasy land and take real steps to solve the crisis. (Start with booting Greece.)

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October 20, 2011 | Government Bonds Will Be the Next Economic Blow

Andreas Kern: The initial steps taken to deal with the debt crises have created a new kind of toxic asset: government bonds. If the Eurozone and G-20 members do not take adequate action to coordinate their financial regulation, a government bond credit crunch will be the next shock to strike the faltering global financial system.

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April 3, 2009 | The Transition to Sustainability

Jeffrey 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.

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Global Must Read Articles

December 9, 2011 | The US, Turkey, and a Budding Relationship

Obama and Turkish PM Recep Erdogan have become unlikely partners as the Arab Spring has evolved. ++ After a blunt confrontation at the G-20 in Toronto, they have found common ground on Afghanistan, Iraq, and the fight against terror. ++ The relationship will now be key in pressuring for a peaceful change of power in Syria. ++ The “Turkish model” has become the hope for many Western

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February 10, 2010 | Spain is the Weakest Link in the G-20

The 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

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April 15, 2009 | Protectionism Is Not the Answer

Governments must cooperate to stimulate their economies and resist protectionism in response to the economic crisis. ++ Protectionism is short-sighted and could destroy the positive aspects of economic globalization which have encouraged international growth. ++ Protectionism will not stop other forms of globalization and could lead to the spread of disease, friction in nations with high

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April 14, 2009 | US Must Have Less Power Over the IMF

While the recent pledge by the G20 to increase the resources of the IMF is welcome, the organisation desperately needs to restructure and reform if it is going to play an effective role in solving this current economic crisis. ++ Countries such as China and India should be given a greater say in the running of the IMF, while the US should be given less control. ++ Developed countries, which

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April 3, 2009 | The EU Should Be the Leader of a New Globalization

Is de-globalization the magic solution to escape the economic crisis? No, it would be the biggest mistake. ++ Protectionism and nationalism are false friends and, as history has proven, responsible for poverty and conflicts. ++ What we need is a new regulating framework based on ethical principles with the mantra  “liberty, responsibility, solidarity.” ++ As the most advanced example of

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February 25, 2009 | Obama Will Save the World at the G-20

Obama is the only man who can bring about effective change and make the financial crisis a passed nightmare: “he is untainted, popular and leader of the country that, for good and ill, remains central.” ++ On the occasion of the G-20 he must recognize the US’ responsibility in triggering the chaos but explain that it is time to move away from the “blame game” and set priorities for the

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February 11, 2009 | Davos: A First Step Out of the Crisis

Davos 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

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