Clearly there is the need for a centralised and a well organised global financial regulatory center which will singly oversee the necessary activities involved within the sector.
The fact that inequality causes economic instability is a testament to the fact that the ongoing economic crisis will be very tough to tackle since inequality seems to be a natural phenomenon.
The Europe that is more likely to emerge from the euro crisis is a Europe of no country in particular as countries like Germany whose economies are considered to be relatively stronger now could be weakened considerably by then which would shift more power and influence over Europe into the hands of the EU,IMF, and other social entities such as corporations.
Its the immense impact Europe's crisis exerts on the global economy and the prolonged and deep nature of the crisis with no solution in sight that could make it the central political debate for the first half of the twenty first century.
Is Global Financial Reform Possible?
Clearly there is the need for a centralised and a well organised global financial regulatory center which will singly oversee the necessary activities involved within the sector.
The Price of Inequality
The fact that inequality causes economic instability is a testament to the fact that the ongoing economic crisis will be very tough to tackle since inequality seems to be a natural phenomenon.
A German Europe?
The Europe that is more likely to emerge from the euro crisis is a Europe of no country in particular as countries like Germany whose economies are considered to be relatively stronger now could be weakened considerably by then which would shift more power and influence over Europe into the hands of the EU,IMF, and other social entities such as corporations.
The Inequality Trap
One certainty about inequality is that it will always be part of the human society which means it impact on the economy will always exist.
The Global Future of Europe’s Crisis
Its the immense impact Europe's crisis exerts on the global economy and the prolonged and deep nature of the crisis with no solution in sight that could make it the central political debate for the first half of the twenty first century.