Friday, April 18, 2014
  1. The High-Tech, High-Touch Economy

    Adair Turner

    The High-Tech, High-Touch Economy


     explains how a fresh wave of automation is transforming employment and much else.

    Newsart for The High-Tech, High-Touch Economy

    Though we live in the hi-tech virtual world of the Internet, the most physical things – including urban land and service jobs – are rising in importance. But there is no contradiction: In an age of information and communication technology, it is inevitable that we value what an ICT-intensive economy cannot create. READ MORE

  2. The Irrelevant German Consumer

    Michael Heise

    The Irrelevant German Consumer


     challenges the view that global rebalancing requires Germany to boost household demand.

    Newsart for The Irrelevant German Consumer pickselated Jim/Flickr

    With global rebalancing set to be high on the agenda at the next G-7 and G-20 meetings, Germany, with its persistent export surplus, will again come under pressure to boost household demand. But the German consumer is a sideshow, while the main acts are investment demand and monetary policy. READ MORE

  3. Taming the China Bears

    Yu Yongding

    Taming the China Bears


     argues that predictions of a hard economic landing are largely unwarranted.

    Newsart for Taming the China Bears pchow98/Flickr

    China’s growth slowdown and mounting financial risks have spurred a wave of pessimism, with economists worldwide warning of an impending crash. But these predictions are largely based on historical precedents and universal indicators against which China, with its unique economic features, simply cannot accurately be judged. READ MORE

  4. The Future of Economic Progress

    Kemal Derviş

    The Future of Economic Progress


     homes in on the key questions surrounding the nature and measurement of contemporary growth.

    Newsart for The Future of Economic Progress nfradept/Flickr

    Slowly but surely, the debate about the nature of economic growth is entering a new phase. The emerging questions are sufficiently different from those of recent decades that one can sense a shift in the conceptual framework that will structure the discussion of economic progress – and economic policy – from now on. READ MORE

  5. Europe’s Deepening Muddle

    Ashoka Mody

    Europe’s Deepening Muddle


     says that recent German calls for EU treaty changes are little more than empty rhetorical finery.

    Newsart for Europe’s Deepening Muddle Kevin Harber/Flickr

    German Finance Minister Wolfgang Schäuble recently called for EU treaty changes to create a European budget commissioner, among other things. But, while Schäuble’s strategy may sound appealing, it will amount to nothing – not least because of countries' unwillingness to cede sovereignty. READ MORE

Focal Point

Cold War II?

280 pages
280 pages

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