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A Grass-Roots Rapprochement Between India and U.S.

BANGALORE, INDIA — Over the years this city, the epicenter of India’s booming technology industry, has increasingly been inflected with traces of America. Streets that were once bordered by colonial...

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Nicolas Krul: “There will be no derailment of the [painful] adjustment...

It seems like austerity measures and bailout packages are being negotiated almost every day in the Eurozone countries. Surmounting debt has challenged the economic and political unity of the region. In...

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It’s not just our leaders who are in a crisis – Democracy itself is failing

Are the following intimations of a global crisis in the legitimacy of western democracy? Ireland’s confidential budget plan, unseen by the Irish electorate, is leaked by European finance officials to...

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World Economic Situation and Prospects 2012

Following two years of anaemic and uneven recovery from the global financial crisis, the world economy is teetering on the brink of another major downturn. Output growth has already slowed...

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Eurozone policy-makers place a big bet

Have eurozone policy-makers finally managed to lance the boil? They can certainly point to lower borrowing costs in Italy and Spain as evidence of stabilisation. Many of them argue that this...

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IMF interview: How the European crisis will affect India

A report released by the International Monetary Fund (IMF) on the Regional Economic Outlook for Asia and the Pacific notes that stronger economic and policy fundamentals have helped buffer the...

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Why is Sweden number one?

Those unfamiliar with this sparsely populated country perched in the Northeast of Europe will be surprised to learn that Sweden, sandwiched between Norway and Finland, bounced back in a robust and...

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Germany after elections: Similar but not the same

Although undoubtedly globally significant, the election on 22 September in Germany had ambiguous outcomes. Even if the result – the re-election with a vastly increased majority, of Chancellor Angela...

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