Financial Crisis


North’s Policies Affecting South’s Economies

By
Yilmaz Akyuz

In this column, Yilmaz Akyuz, chief economist of the South Centre in Geneva, argues that in recent years developing countries have lost steam as recovery in advanced economies has remained weak or absent due to the fading effect of counter-cyclical policies and the narrowing of policy space, and he recommends measures to reduce the external financial vulnerability of the South.

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Europe and the United States, Allies in Crisis

By
Joaquín Roy

In this column, Professor Joaquín Roy, Professor of European Integration and Director of the European Union Centre at the University of Miami, argues that although the United States and Europe are in crisis, they are still a magnet for the rest of the world, as shown by the ceaseless waves of migrants they attract.

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U.S. Economy Will Grow But Not Trickle Down, OECD Warns on Inequality

By

Even though the U.S. economy is now expected to grow – albeit sluggishly – over the coming two years, inequality will not improve without policy reforms, a major grouping of rich countries is warning. President Barack Obama has named income inequality the “defining challenge of our time”, and has tried to make the issue a […]

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