Wednesday, September 28, 2016
  1. Apple, Brussels, and Ireland’s Bruised Sovereignty

    Yanis Varoufakis

    Apple, Brussels, and Ireland’s Bruised Sovereignty


     defends the European Commission's effort to stop the Irish authorities from free riding on the EU.

    Newsart for Apple, Brussels, and Ireland’s Bruised Sovereignty Tim Graham/Getty Images

    Despite their unequivocal Europeanism, the Irish have been serially mistreated by the EU, most recently in 2009, when German banks were allowed to free ride on the country's unsuspecting taxpayers. But in maintaining a sweetheart tax deal with Apple, it is the Irish government that has been abusing the European commons. READ MORE

  2. Saudi Arabia’s Shock Therapy

    Nasser Saidi
  3. Desperate Central Bankers

    Stephen S. Roach

    Desperate Central Bankers


     warns that major monetary authorities are setting the stage for another financial crisis.

    Newsart for Desperate Central Bankers Mark Wilson/Getty Images

    The final day of the summer marked the start of yet another season of futile policymaking by two of the world’s major central banks – the US Federal Reserve and the Bank of Japan. The Fed did nothing, which is precisely the problem, while the alchemists at the BOJ unveiled yet another feeble unconventional policy gambit. READ MORE

  4. Tapping Africa’s Full Potential

    Michael Froman, ET AL

    Tapping Africa’s Full Potential

    & 1

    &  call for a more comprehensive policy framework to encourage US trade and investment on the continent.

    Newsart for Tapping Africa’s Full Potential Simon Maina/AFP/Getty Images

    The US African Growth and Opportunity Act has been a success insofar that it has helped African countries nearly triple their non-oil exports to the US. But with African entrepreneurs facing new and evolving challenges unrelated to tariff reduction, a more comprehensive trade-policy needed. READ MORE

  5. The Promise of Bank Mergers

    Xavier Vives

    The Promise of Bank Mergers


     advocates cross-border consolidation for Europe's banks, so long as market competition is preserved.

    Newsart for The Promise of Bank Mergers Koen van Weel/AFP/Getty Images

    In a difficult market, mergers – by enabling banks to cut costs, share information-technology platforms, and increase market power, thereby relieving pressure on margins and rebuilding capital – make sense. And a difficult market is precisely what Europe's banks face today. READ MORE

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