Instead of being the strong economy holding the global economic system together, China may be another cause of instability, risk and uncertainty. Though China is on the other side of the globe, its economy may have a profound effect on us locally.
The global economic orthodoxy is being widely rejected by people who are pessimistic about the direction their country is taking. Most people have little faith that the lives of their children and future generations will be better off.
Some economists believe that Asia is largely insulated from the ongoing economic crisis in Europe and North America. However, there are a number of trends and associated risks emerging in Asia at the present time that fundamentally challenge this assumption.
We are living through very difficult and challenging times, with much attention on Spain as this country struggles to get its economy moving again. The launch of El Huffington Post represents yet another way that today's global challenges are pulling us closer in partnership.
Austerity Isn't Working's goal is to illustrate the human cost of austerity, compile the growing economic evidence that austerity isn't working, and promote fresh ideas designed to shape a fiscally responsible, pro-European, pro-growth response to the crisis.
If bank runs in Greece spread to Spain, Italy, Portugal, and Ireland, they will then spread to Belgium and France and from there to other parts of Europe and, potentially, even the U.S.
On my way to our tiny airport in Maseru, I couldn't believe that in just a couple of days I would be speaking at a press conference in Washington, D.C. I am 37 years-old and I was finally fulfilling my lifelong dream of traveling to America.
It is time to challenge the underlying assumptions of austerity by asking three fundamental questions. (1) Is it fair? (2) Is it working? (3) Is it needed?
We need to not only take back our economic fate from Wall Street, we need to cleanse our values system of their culture as well.
Last week's shellackings across the Atlantic were bad news for both Democrats and Republicans -- because it will make bipartisan deficit reduction that much spookier for everybody in Washington.
There is no getting around the need to reduce debt levels. High debt leaves countries exposed to interest rate shocks, limits their capacity to respond to future shocks, and reduces long-term growth potential.
Now the dust has settled, let's celebrate the race for the World Bank presidency. We had the highest quality field in history and a winner who just might manage to refocus the institution on the dominant challenge of development today: inequality.
The man who brought you Too Big To Fail has had just about enough of everybody blaming him for big banks failing. In an interview with Fortune's Nin-...
The cultural fear is so intense that many Brazilian women are terrified of experiencing even the slightest contraction and believe that a vaginal birth will damage their bodies irreparably. Secondly, the physicians and pediatricians do not practice in groups and must be on call for their private patients 24/7.
Jamie Dimon would like you all to stop discriminating against banks now. The golden sun-god CEO of America's greatest bank, JPMorgan Chase, has becom...
Alan Greenspan said something about the budget deficit on Tuesday. The reason this is "news" is because it is shocking that Alan Greenspan is still allowed ever to speak publicly about matters of importance.