The Great Debate UK

from The Great Debate:

The surprising force behind change in Cairo

By Iman Bibars
July 31, 2013

In the space of two years, ordinary Egyptian citizens have organized and led two revolutions that caused two distinct dictatorial regimes to fall. These were street-led revolutions against autocratic regimes that had the support of the U.S. and were thus seen to be invincible.

from The Great Debate:

Greek bailout sham

By John Kallianiotis
July 29, 2013

Driven by its bailout loan terms, the Greek Parliament recently voted to lay off 25,000 more public employees. The public has responded with demonstrations while striking public sector workers try to disrupt air and rail travel, law enforcement and medical care.

from Felix Salmon:

How not to compete with payday lenders

By Felix Salmon
July 26, 2013

I'm in the UK at the moment, where it's quite amusing to see the amount of attention paid to national institutions for which there is no American equivalent. Obviously, there's the way in which a woman having a baby became front-page news for days on end, generating astonishing quantities of coverage despite the fact that all the facts could be summed up in a single tweet. And then, on the financial side of things, you have the Archbishop of Canterbury, Justin Welby.

from The Great Debate:

The short and long of emerging markets

By Gary Regenstreif
July 25, 2013

Fickle investors have spurned emerging markets in recent weeks, but this rout has obscured a more alluring vista out on the horizon.

from Nicholas Wapshott:

The birth of a new prince

By Nicholas Wapshott
July 22, 2013

Now, after a torrid summer marred by natural tragedies, needless death, and devastating destruction, comes undiluted happy news. Kate, Duchess of Cambridge, has given birth to a prince. So, the first child of a commoner to be welcomed into the British royal family in modern times (Wallis Simpson tried to gatecrash in 1936 and was promptly asked to leave) has delivered an heir to extend the Windsors’ influence into the next generation.

from The Great Debate:

Europe’s leaders should boycott Putin’s Olympic ceremony

By Ben Judah
July 19, 2013

In February 2014 the Russian elite will gather in the gleaming super stadiums of Sochi -- governors and oligarchs, police chiefs and “political technologists” -- to thunderously applaud as Vladimir Putin opens his Winter Olympics.

from John Lloyd:

In Britain, a summer of quiet revolution

By John Lloyd
July 16, 2013

The British Isles are sentries in a turning world. The monarchy, pageantry, the mediaeval House of Lords, titles, accents, the established Church of England with the Queen at its head -- they all give the adroit illusion of continuity and the primacy of tradition over change.

from The Great Debate:

Derivative rules: Global problem needs global solution

By Martin Neil Baily and Aaron Klein
July 10, 2013

The 2008 financial crisis demonstrated how interconnected the global financial system is. What began as a real estate bubble fueled by subprime mortgages in many states ballooned into a global financial panic of unprecedented magnitude. Bundles of poorly underwritten mortgages generated toxic derivatives bet on in a global market. When the dust settled, there was broad agreement that not only did we need a new financial regulatory regime, it had to be globally coordinated.

from The Great Debate:

Historically, Egypt’s revolution is more of the same

By Jonathan Adelman
July 8, 2013

The history of revolutions tells us one sad fact: Egypt is in for a long period of violence, chaos and upheaval before it even begins to enter into the Promised Land of democracy.

from The Great Debate:

Egypt: Elections do not make a democracy

By Bill Schneider
July 8, 2013

An election is a necessary but not a sufficient condition for democracy.  That's the takeaway from the continuing upheaval in Egypt.