The Great Debate UK

from Hugo Dixon:

Can we live the good life without economic growth?

By Hugo Dixon
December 8, 2014

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Is the good life possible without economic growth?

Merely raising the question challenges the conventional contemporary wisdom that a society’s prime goal should be to boost its income continually. But it is one that the West, especially Western Europe, may have to confront. Europe is not just suffering the after-effects of a nasty cyclical downturn, it has probably entered an era of low growth.

Italy – the new good man of Europe

May 28, 2014

Up until Monday, Italy used to be known as the sick man of Europe. It has huge debts, sclerotic growth and had been ruled by a billionaire prone to a bunga-bunga parties. It was at risk of becoming the laughing stock of the currency bloc. The relationship in recent years between Italy and Germany has been dreadful. But could things be about to change?

from Nicholas Wapshott:

European leaders show their weakness

By Nicholas Wapshott
March 10, 2014

 

The European Union, at the forefront of the hostilities between Russia and the West, is in a bind.

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.

Thanks, Greece

May 22, 2013

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–

An ECB rate cut would be no magic wand

By Guest Contributor
April 30, 2013

–Darren Williams is Senior European Economist at AllianceBernstein. The opinions expressed are his own.–

How do you police without a force?

April 25, 2013

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–

Budget day cheer is here again

March 19, 2013

By Laurence Copeland. The opinions expressed are his own.

Budget Day again, and the pressure on Chancellor George Osborne is rising ominously. There is little agreement about what needs to be done, but complete agreement that something has to change because the state of Britain’s economy is simply awful.

from The Great Debate:

Why the EU is right on Cyprus

By Peter Gumbel
March 18, 2013

The reaction to this weekend’s European Union bailout deal for Cyprus has gone from initial shock to rather predictable condemnation. “Europe botches another rescue,” ran the headline on an editorial in the Financial Times. “It’s as if the Europeans are holding up a neon sign, written in Greek and Italian, saying ‘time to stage a run on your banks,’ ” Paul Krugman, the economist and New York Times columnist wrote on his blog.

from The Great Debate:

Without coordinated leadership, Europe will falter

By William Rhodes
March 11, 2013

There is an increasing probability that financial markets will respond negatively to the unfolding economic and political drama unfolding across Europe. So far, the European Central Bank has pumped out cash and calmed the nerves of investors, but it needs to do more. A cut in interest rates by the ECB is crucial to contribute to a revival of growth across the euro zone. On its own, however, that is not enough. Europe’s political authorities need to counter the increasingly widespread perception that they lack the will to confront the zone’s economic ailments and promote a clear path to growth – austerity policies alone will not work.