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Generations of economic exclusion create processes that can become entrenched and self-sustaining, two economists with the Cleveland Fed write.

This year's gathering of business and political elites in Davos recognised a basic truth—without reckoning with past mistakes.

The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow and clear skies of January were replaced by bare ski slopes and a gloomy May drizzle.

Ejinsight 20220603-Getting-deglobalization-right Hkej ejinsight.com

The World Economic Forum's first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow and clear skies of January were replaced by bare ski slopes and a gloomy May drizzle. Rather, it was that a forum traditionally committed to championing globalisation was primarily concerned with globalisation's failures: broken supply chains, food- and energy-price inflation, and an intelle...

Business and political elite embraced new ethos at WEF without reflecting on past mistakes

DAVOS  —  The World Economic Forum’s first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow and clear skies of January were replaced by bare ski slopes and a gloomy May drizzle.

After four decades of championing globalisation, it is clear that the Davos crowd mismanaged things.

El milagro alemán Haus ohne Hüter es una novela escrita por el premio Nobel alemán Heinrich Böll . Publicada en 1954, ese título se tradujo al castellano como ‘Casa sin amo’ y describe la situación en que quedó Alemania después de la II Guerra Mundial. Es el paisaje de un país derrotado no sólo por los enemigos de fuera, derrotado por los enemigos interiores: los hombres habían sido alistados en el Ejército, estaban heridos o muertos y muchos supervivientes emigraron. A Améric...