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East African Youths Want Priorities Instead of Austerity.
Austerity measures are making more of an impact now in Europe where there are a great many people who didn’t know the meaning of the word “austerity” or didn’t even know such a thing existed before the onset of the euro-zone crisis. So does Africa need austerity measures or […]
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Russia: oil money for the rich and austerity for the people
Russia’s steady growth in GDP and its 5% unemployment rate could make countries like Greece and Spain green with envy. The Russian economy surged ahead from the mid-2000s, seemingly immune to the shocks of the 2008 economic crisis. Foreign corporations kept pumping money into a country whose high levels […]
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Five Reasons Why We Need a New Perspective on Consumption
This post was produced for the Global Economic Symposium 2013 to accompany a session on “Towards Sustainable Consumption.” Read more at http://blog.global-economic-symposium.org/. The concept of “sustainable consumption” comes from the straightforward insight about the limits of our ecology to sustain the Earth’s burgeoning population; as one African elder summarized the meaning of sustainable […]
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The Last Days of European Prosperity
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 […]
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Transatlantic Free Trade: Economic Winners and Losers
The following post was written by Thieß Petersen, Ulrich Schoof and Samuel George from the Bertelsmann Stiftung’s Global Economic Dynamics team. At the G8 summit in Dublin in June 2013, the world’s most powerful leaders decided to begin negotiations on the Transatlantic Trade and Investment Partnership (TTIP). For at least […]