Read all posts for ‘economic crisis’

There is a striking contrast between the breadth and scope of austerity measures in Europe and citizens’ perceptions of them. I recently moderated a debate organized by the Bertelsmann Foundation on what Europe can learn from Latin America in terms of managing a debt crisis. The audience was composed mostly […]

Even in previous decades during years of high growth, Slovakia still ran up big deficits. To enter the euro area a country has to meet a reasonable set of criteria known as the Maastricht criteria. This means that a country which gives up its local currency must keep its deficit […]

The economic crisis has global dimensions. Countries of Latin America and Europe  have been suffering its effects through the austerity plans, trade gaps and unemployment. So, some people are seeking the collective answers to global issues, trusting Latin America’s creativity on being a resistance pole to financial capital’s offensive.

As ever more Hungarians decide to leave the country, Hungary faces a creeping social crisis. Who will replace those young talents who emigrate? And what effect will this have on the way we Hungarians define ourselves? To understand such questions, you have to dig deeper into the history of the […]

The third in a series of Future Challenges Readers is published! “Help Wanted” covers the topic of unemployment, a plague sickening many of the world’s largest economies. The subject requires us to think about demographic change (Who should be working? For how long?), education (How do we train a workforce that […]