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All items tagged demandGlobal Must Read ArticlesFebruary 25, 2009 | Obama Will Save the World at the G-20Obama is the only man who can bring about effective change and make the financial crisis a passed nightmare: “he is untainted, popular and leader of the country that, for good and ill, remains central.” ++ On the occasion of the G-20 he must recognize the US’ responsibility in triggering the chaos but explain that it is time to move away from the “blame game” and set priorities for the ... MoreFebruary 24, 2009 | A Good Dose of Regulation Solves All ProblemsEurope’s carbon markets are collapsing and this is bad news for climate change. ++ Economics dictates that if the price of a good goes down, demand goes up; this happened with carbon permits, because “if [they] are cheap, and everyone has lots, the green incentive crashes into reverse.” ++ The ridiculously low price of carbon caused by the global recession removes every incentive to buy “costly ... MoreFebruary 18, 2009 | Upcoming Lost Decade for the World's EconomyJapan’s experience in the 1990s is no longer seen simply as a terrible recession but has become an example of how to recover from the current financial crisis. ++ What conclusions can be drawn to rescue our economies? ++ The balance-sheet deflation inside the US is far shallower than in Japan in the 1990s, but the global implications of the current crisis are far greater. ++ The US will not be ... MoreJanuary 9, 2009 | Food Crisis Disappears, but Only From NewspapersA key topic a few months ago, the food crisis has now disappeared from the headlines. ++ Unfortunately this does not mean that the situation has improved; on the contrary, the financial crisis is likely to bring a series of negative repercussions. ++ It will hinder governments of developing countries from increasing needed investment in agriculture, which is likely to intensify the emergency. ... More |
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