Alle afleveringen
254 afleveringen, van nieuw naar oud
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Evaluating the renminbi manipulation
9 april 2010 · 9 min
Is China a currency manipulator? Yes. China has intervened on a gigantic scale to keep its exchange rate down and it is also protectionist. Lees meer
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Why Germany cannot be a model for the eurozone
31 maart 2010 · 8 min
Last week’s European Council was not a solution but a fudge. The IMF cannot save Europe Lees meer
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‘Back to the future’ imperils Britain
26 maart 2010 · 7 min
The party that deserves to win the UK election must craft a narrative that creates opportunity out of disappointment, says Martin Wolf Lees meer
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Mistakes that drained the fiscal reservoir
24 maart 2010 · 9 min
The government is offering a delayed return to fiscal stability, with details still to be filled in. Is that good enough? No, says Martin Wolf Lees meer
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Excessive virtue can be a vice for the world economy
23 maart 2010 · 8 min
Germany is wrong to reject a role in rebalancing global demand, says Martin Wolf. Beggar-my-neighbour policies to boost exports cannot work for everybody Lees meer
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China and Germany unite to impose global deflation
16 maart 2010 · 8 min
Suggestions from Schäuble and Wen would hit their own economies if followed through, says Martin Wolf. But it is not too late for a co-operative Lees meer
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The British election that both sides deserve to lose
11 maart 2010 · 7 min
At a time of crisis, the UK has to choose between a government about which it knows far too much and an opposition about which it knows far too little. Neither side is convincing, says Martin Wolf Lees meer
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Germany's eurozone crisis nightmare
9 maart 2010 · 8 min
he twin imperatives of sound money and European integration are clashing. Ironically, Germany must become less German if the eurozone is to become more so, says Martin Wolf Lees meer
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India’s elephant charges on through the crisis
2 maart 2010 · 9 min
The world’s biggest democracy has changed, says Martin Wolf. But economic pragmatism alone will not be enough: reforms are still needed Lees meer
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How unruly economists can agree
25 februari 2010 · 7 min
Both sides of the debate can be right, says Martin Wolf. The public finances must be credible, but further unnecessary economic damage needs to be avoided Lees meer
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The world economy has no easy way out of the mire
23 februari 2010 · 8 min
Finding an exit route from the extraordinary government deficits could lead to default unless there is a radical rethink, says Martin Wolf Lees meer
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How to walk the fiscal tightrope that lies before us
16 februari 2010 · 8 min
Today, high-income countries face huge fiscal challenges crisis-hit countries start from grossly unsustainable fiscal positions. But massive fiscal tightening could tip much of the world back into recession, says Martin Wolf Lees meer
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Britain can love hung parliaments
11 februari 2010 · 6 min
Martin Wolf says he can see no reason why it would be more difficult to implement the needed tightening under a coalition government Lees meer
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Europe needs German consumers
9 februari 2010 · 8 min
Greece fills the role of sinner to perfection, but if it and the rest of the peripheral European countries are to avoid meltdown they need a core demand engine within the eurozone, says Martin Wolf Lees meer
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What the world must do to sustain its convalescence
2 februari 2010 · 8 min
The policy interventions of late 2008 and 2009 resulted in a far briefer and shallower recession than most imagined a year ago. The big questions for this year are how quickly to withdraw the monetary and fiscal stimulus and which should be withdrawn first, says Martin Wolf Lees meer
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Britain’s strategic chocolate dilemma
28 januari 2010 · 6 min
Corporate takeovers are in the spotlight again after Kraft’s successful bid for Cadbury. Martin Wolf asks whether it makes sense to run a regime as open as the UK’s Lees meer
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Volcker’s axe is not enough to cut banks to size
26 januari 2010 · 8 min
Obama’s latest proposals for bank reform miss the point, says Martin Wolf. They may or may not be workable, but they do nothing to create a sustainable finance sector Lees meer
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The Greek tragedy deserves a global audience
19 januari 2010 · 8 min
The problems of Greece are extreme, because it alone of the vulnerable eurozone member countries has both high fiscal deficits and high debt. Some say it should be bailed out, but there are two other possibilities – it toughs it out or just defaults, says Martin Wolf Lees meer
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How the Icelandic saga should end
14 januari 2010 · 6 min
The combination of cross-border banking with generous guarantees to creditors is unsustainable. Taxpayers cannot be expected to write open-ended insurance on the foreign activities of their banks, says Martin Wolf Lees meer
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What we can learn from Japan’s decades of trouble
12 januari 2010 · 7 min
Japan’s experience indicates that when fast growth begins to slow in a catch-up economy with high corporate savings and comparably high fixed investment, demand may well prove hard to manage, says Martin Wolf Lees meer
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The eurozone’s next decade will be tough
5 januari 2010 · 8 min
The countries on the periphery of Europe’s single currency are in deep trouble thanks to the imbalances within the eurozone, says Martin Wolf. And none of the solutions looks palatable Lees meer
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The challenges of managing our post-crisis world
29 december 2009 · 7 min
The underpinnings of our global economy and so of our globalised civilisation remain dangerously fragile. Somehow, we must manage to sustain a dynamic global economy, promote development, deliver environmental sustainability and ensure peaceful and co-operative international relations, says Martin Wolf Lees meer
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How the noughties were a hinge of history
23 december 2009 · 7 min
The rest of the world was inclined to believe that the west, whatever its faults, knew what it was doing. But then the teacher failed the examination, says Martin Wolf Lees meer
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Why new challenges need new people
17 december 2009 · 6 min
Those parts of public sector spending that sustain the long-term health of the economy should not be sacrificed, says Martin Wolf Lees meer
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Britain’s dismal choice: sharing the losses
15 december 2009 · 8 min
Not only has the UK had a financial crisis, with the usual severe impact on output and the public finances; it has also been a ‘monocrop’ economy, with finance itself acting as the ‘crop’, says Martin Wolf Lees meer
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Why China’s exchange rate policy concerns us
8 december 2009 · 8 min
What we are seeing is a failure of adjustment to changes in global competitiveness that has unhappy precedents, notably during the 1920s and 1930s, with the rise of the US, and during the 1960s and 1970s, with the rise of Europe and Japan, says Martin Wolf Lees meer
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The post post-Thatcher era begins
3 december 2009 · 6 min
The era of reforms from Thatcher through to New Labour led to rapid growth which, even after recent falls, has left Britain better placed than most major economies, says Martin Wolf Lees meer
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Why Copenhagen must be the end of the beginning
1 december 2009 · 8 min
Next week’s summit will fall short, but at least there is now broad agreement that action is needed to tackle climate change, says Martin Wolf. Solving the problem needs a stable price for carbon, needs wealthy countries to pay up and needs big subsidies for new technology Lees meer
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Give us fiscal austerity, but not quite yet
24 november 2009 · 9 min
Slashing deficits now would be wrong, argues Martin Wolf. What is needed, instead, are credible fiscal institutions and a road map for tightening that will be implemented, automatically, as and when the private sector's spending recovers Lees meer
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Tax the windfall banking bonuses
19 november 2009 · 6 min
The case for generous subventions to banks is to restore the financial system to health, not to enrich bankers, says Martin Wolf Lees meer
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Grim truths Obama should have told Hu
17 november 2009 · 8 min
Obama should have made clear the need for China to revalue its currency and rebalance the global economy when he met Hu Jintao, says Martin Wolf. He could reasonably threaten punitive action, such is the need for change Lees meer
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Victory in the cold war was a start as well as an ending
10 november 2009 · 7 min
Has capitalism failed, as communism did? No. Some transition countries are in crisis; but transition itself is not. Liberal democracies and market economies can reform and adapt. They have shown these qualities before. They must do so again, says Martin Wolf Lees meer
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Time for a debate on immigration
5 november 2009 · 6 min
Diversity brings social benefits, but also costs, arising from declining trust and erosion of a sense of shared values, says Martin Wolf Lees meer
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Private behaviour will shape our path to fiscal stability
3 november 2009 · 8 min
It is idiotic to discuss the reduction of the huge fiscal deficits, without considering the nature of the offsetting adjustments in the private and external sectors. Some adjustments would be desirable, but others would be extremely perilous, says Martin Wolf Lees meer
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How mistaken ideas helped to bring the economy down
27 oktober 2009 · 7 min
The era when central banks could target inflation and assume that what was happening in asset and credit markets was no concern of theirs is over. Not only can asset prices be valued; they have to be, argues Martin Wolf Lees meer
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Why curbing finance is hard to do
23 oktober 2009 · 6 min
There is a way of making finance safe. But it would be radical: deposits would be 100 per cent reserve backed; and the liabilities of other investment vehicles would be adjusted for the market value of their assets at all times. Banking would disappear, argues Martin Wolf. Lees meer
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How to manage the gigantic financial cuckoo in our nest
20 oktober 2009 · 7 min
This recovery has been no accident. When central bank money is almost free, prices of risky assets are recovering, competitors have disappeared or are weakened, making money is a relatively simple matter for the strong survivors, argues Martin Wolf Lees meer
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Rumours of the dollar’s death are much exaggerated
13 oktober 2009 · 8 min
Recent figures have proved that the dollar’s fall is a symptom of success, not of failure. All the same, the dollar-based global monetary system is defective. It would be good to start building alternative arrangements, says Martin Wolf Lees meer
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Britain’s phoney debate on slashing spending
12 oktober 2009 · 6 min
In deciding what to do about the UK's general government deficit, we must recognise the uncertainties: we do not know how big the “structural” fiscal deficit is; we do not know how long correction can be delayed before investors lose confidence; and we do not know how far a fiscal tightening will weaken aggregate demand. But the costs of being too optimistic are likely to be higher than of being too pessimistic. That should determine how policymakers respond. Lees meer
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Finding a route to recovery and reform gets tough now
6 oktober 2009 · 8 min
The economy is back on track, but it is too soon to celebrate victory, says Martin Wolf. Rebalancing, reform and regulation are still needed, none of which will be easy. Resistance from the banks is already threatening to poison the political debate Lees meer
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Why narrow banking alone is not the finance solution
29 september 2009 · 7 min
Demanding that banks act as narrow utilities solves the problem of the financial system taking control of the power to print money, but would need to be paired with a ban on other forms of banking. Such radical ideas may yet be entertained, says Martin Wolf Lees meer
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This time will never be different
28 september 2009 · 5 min
Martin Wolf welcomes a seminal empirical study of the frequently repeated cycles of euphoria, panic and default in public debt and global finance Lees meer
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Why Vince Cable’s mansions tax is right
24 september 2009 · 6 min
Only in a country both besotted with property and determined to tax the middle classes, rather than the hugely wealthy, would people object to this obviously just idea, says Martin Wolf Lees meer
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Why China must do more to rebalance its economy
22 september 2009 · 8 min
Remember how poor hundreds of millions of Chinese still are. Then consider that the net transfer of resources abroad was equal to a third of personal consumption. China needs to increase consumption, and that means revaluing the currency, says Martin Wolf Lees meer
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Do not learn wrong lessons from Lehman’s fall
15 september 2009 · 8 min
No normal profit-seeking business can operate without a credible threat of bankruptcy, says Martin Wolf Lees meer
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Wheel of fortune turns as China outdoes the west
13 september 2009 · 5 min
China has emerged as the most significant winner from the global financial crisis. At the end of 2008, many questioned whether China would achieve its growth target of 8 per cent in 2009. Who now dares to do so?, asks Martin Wolf Lees meer
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Turner is asking the right questions on finance
10 september 2009 · 6 min
The debate is the right one but the more one analyses the debate and what is happening, the more difficult it is to believe that a safer and more responsible industry is emerging, argues Martin Wolf Lees meer
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Why it is still too early to start withdrawing stimulus
8 september 2009 · 8 min
The rescue of the financial system, unprecedented monetary easing and fiscal expansion have indeed put a floor under the world economy. But it is too early for the Group of 20 leading economies to pat themselves on the back, argues Martin Wolf Lees meer
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What India must do if it is to be an affluent country
7 juli 2009 · 9 min
What would need to change if India were to become an affluent country in one generation? A great deal, says Martin Wolf Lees meer
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Much ado about central bankers
2 juli 2009 · 7 min
One of the results of this whole crisis is to imperil central bank independence and not just in the UK, says Martin Wolf Lees meer
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