Sunday, October 4, 2015
  1. Why Finance Can Save the Planet

    Jean Pisani-Ferry

    Why Finance Can Save the Planet


     advocates spending to avert climate change now and figuring out how to pay for it later.

    Coin under flame.

    Most people hate finance, viewing it as the epitome of irresponsibility and greed. But, even after causing a once-in-a-century recession and unemployment for millions, finance looks indispensable for preventing an even worse catastrophe: climate change. READ MORE

  2. The Decadence of the People’s Car

    Harold James

    The Decadence of the People’s Car


     compares the Volkswagen scandal with those that have eroded the financial industry's credibility.

    Volkswagen logo.

    The Volkswagen scandal is a useful reminder that corporate wrongdoing is not confined to the banking industry, and that merely levying fines or ramping up regulation is unlikely to solve the problem. Indeed, it is one of the iron laws of corporate physics: Every regulation elicits a proportionate effort to circumvent it. READ MORE

  3. China in the Debt-Deflation Trap

    Andrew Sheng, ET AL

    China in the Debt-Deflation Trap

    & 4

    &  emphasize the need for real-sector restructuring in the world's second-largest economy.

    Beijing stadium.

    In the wake of a global stock market sell-off triggered by economic turmoil in China, the US Federal Reserve has decided to postpone raising interest rates. And, indeed, China is facing huge challenges, with the risk of a global debt-deflation trap being a major one. READ MORE

  4. A Growth Strategy for Europe

    Hans-Helmut Kotz, ET AL

    A Growth Strategy for Europe

    , ET AL 5

    , ET AL  offer concrete proposals for lifting the EU out of its economic malaise.

    protester with EU flag outside Greek parliament Nikolas Georgiou/ZumaPress

    With the third Greek loan program almost in place, it is time for European leaders to start focusing on the future. That means embarking on a broad economic-reform program that combines growth-enhancing supply-side reforms and demand-side efforts to support investment and job creation. READ MORE

  5. The Business Case for Europe’s Refugees

    Lucy P. Marcus

    The Business Case for Europe’s Refugees


     urges the private sector to help mitigate the risks posed by the ongoing migration crisis.

    Refugees walking to Germany Paul Hackett/ZumaPress

    While governments, charities, and donor organizations debate how European countries will share responsibility for the refugees flooding across their borders, European business has been strangely silent. But industry leaders in all sectors owe it to themselves to be involved from the start in managing the influx. READ MORE


245 pages
245 pages

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