French reform bill more talk than walk

December 10, 2014

Economy Minister Emmanuel Macron wants to show Europe that France is finally getting serious about reform. But his limited plan to deregulate some services faces fierce opposition from within the ruling socialist camp. What Macron is demonstrating is how tough his job is.

Spain needs to get on with its to-do list

July 6, 2012

The current Spanish government, like its predecessor, always seems behind the curve. Only now is it talking about additional measures to really get the country’s finances under control. The hope is that it won’t fall short.

China needs political reforms for future growth

By Wei Gu
September 7, 2010

Thirty years of economic success has made the Communist Party popular and powerful. China's future hinges on whether some of that power and wealth is shared more evenly with its people.

Italy’s Renzi has big dreams and small mandate

February 25, 2014

The new prime minister announced ambitious reforms on a tight deadline. But his position in parliament is weaker than his sleepy predecessor’s. The promise of shock therapy may give Italy kudos in Europe. But markets need more details - and delivery - before giving him credit.