From the Summer 2009 issue
Is America economically headed for a 1990s-style Japanese “lost decade” of stagnant growth?
Unless income rises, the ongoing consumer debt reduction could cripple the recovery.
A review of Robert Skidelsky’s Keynes: The Return of the Master.
How sweet crude could rise to $200 per barrel, dooming the recovery.
Unlikely for the developed world, but highly probable for China.
Reforming world financial regulation is about to get nasty. Berlin, call your office!
And muddling through is no answer.
The danger of offsetting tariffs that could doom the global trading system.
Wasn’t the key to restoring the credit markets eliminating the banks’ toxic assets?
Countries like France and Germany would pay higher interest rates.
The broader implications for the European Central Bank.
Will the reform process resume once recovery begins?
If done correctly, we are close to a historic breakthrough in the fight against hunger.
In the global economy, the new reality is moving to a new job in a new city—every two or three years.