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Entries by Otaviano Canuto from 08/2012

Trade and Climate Change: Handle with Care

| Posted 08.02.2012 | World
Read More: Environment, Cap and Trade, Climate Change, Wto, World News

There are many other arguments in favor of cap-and-trade schemes as opposed to carbon-and-border taxes. But trade may help mitigate climate change, as long as the temptation to resort to inappropriate trade policies is avoided.

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Goodbye Financial Engineers, Hello Political Wonks

| Posted 08.10.2012 | Business
Read More: Central Banks, Financial Crisis, Global Financial Crisis, Finance, Ecb, Financial Politics, Business News

An open "politicization" of finance came out as a consequence of governments and central banks stepping in, in the sense that the dynamics of financial asset prices is now determined directly in the political sphere.

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