The Great Debate UK

Why we have to support Ireland

November 23, 2010

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

Thank you, Gordon Brown

November 11, 2010

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

from MacroScope:

It’s all Germany’s fault

July 20, 2010

It is fairly commonplace at the moment for U.S. and UK financial analysts -- what continental Europeans call the Anglo-Saxons -- to predict the collapse of the euro zone,  a project they were mostly sceptical about in the first place.  MacroScope touched on this on two occasions in March.

from MacroScope:

What are the risks to growth?

July 19, 2010

Mike Dicks, chief economist and blogger at Barclays Wealth, has identified what he sees as the three biggest problems facing the global economy, and conveniently found that they are linked with three separate regions.

from Global News Journal:

If Greece’s debt dam breaks, who gets wet?

April 13, 2010

The 16 countries that share the euro single currency have agreed they will help Greece out if it needs. So far so good. But only now is the nitty-gritty of how member states will go about paying for their contributions being hammered out. And suddenly things are getting a little complicated.

from MacroScope:

Brit Euro Shock Horror: Part II

March 16, 2010

A week ago we ran a post on MacroScope noting, in part, that Britons have a strange relationship with the euro, sometimes bordering on disbelief that it exists at all. Some new numbers from the monthly Bank of America Merrill Lynch fund managers poll underline the extent of UK scepticism compared with that of others.

from MacroScope:

Brit shock horror: euro to survive

March 10, 2010

Euro brezinys_EC1

Britons have never really got the euro zone. "Its not really going to happen, is it?" was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.

from MacroScope:

Political economy and the euro

February 8, 2010

The reality of  'political economy'  is something that irritates many economists -- the "purists", if you like. The political element is impossible to model;  it often flies in the face of  textbook economics;  and democratic decision-making and backroom horse trading can be notoriously difficult to predict and painfully slow.  And political economy is all pervasive in 2010 -- Barack Obama's proposals to rein in the banks is rooted in public outrage; reading China's monetary and currency policies is like Kremlinology; capital curbs being introduced in Brazil and elsewhere aim to prevent market overshoot; and British budgetary policies are becoming the political football ahead of this spring's UK election. The list is long, the outcomes uncertain, the market risk high.

from The Great Debate:

Betting on the unthinkable in the euro zone

By J Saft
January 16, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Some crises bring partners closer together. Some, as investors in the euro zone are likely to discover this year, drive them further apart.