Davos 2022 missed an opportunity to reflect on globalis...
After four decades of championing globalisation, it is clear that the Davos crowd mismanaged things.
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After four decades of championing globalisation, it is clear that the Davos crowd mismanaged things.
The fallout from Russia’s invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times. No one...
Neoliberals must shoulder blame for failure to prevent economic shocks
Ejinsight 20220408-Shock-therapy-for-neoliberals Hkej ejinsight.com
The fallout from Russia’s invasion of Ukraine has reminded us of the unforeseeable disruptions constantly confronting the global economy. We have been taught this lesson many times. No one could have predicted that the Sept. 11, 2001, terror attacks, and few anticipated the 2008 financial crisis, the COVID-19 pandemic or former US president Donald Trump’s election, which resulted in the US turning toward protectionism and nationalism. Even those who did anticipate these crises could not have said with any precision when they would occur. Each of these events had large macroeconomic conse...