economic policy Archive

  • Muhtar Kent, chairman and CEO of the Coca-Cola company

    Who can create jobs?

    An interesting article by Coca-Cola chief executive Muhtar Kent and business academic Ram Charan, “Give the states the power to build jobs”, carried by the Reuters website argues that, in America, the emphasis on job creation should come from the states and not the federal...

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  • Unemployed workers in Mexico (picture El mundo de Laura)

    Small economies can ride out the economic storm

    The Financial Times reported on an interesting study by the Lausanne Institute for Management Development yesterday, looking at the resilience of national economies, large and small. Read the report here. The study found that, on the whole, smaller countries were better able to adapt themselves...

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  • Protesters demanding "British jobs for British workers"

    British jobs for British workers

    Peter Oborne, writing in the Daily Mail, is correct to criticise Gordon Brown’s apparent commitment to “British jobs for British workers”, but he is wrong to say that “our membership of the European Union means there is nothing that a British government can do to...

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  • The Bank of England (source Freefoto.com)

    Ceteris paribus

    The title is a Latin phrase used in economics which means “all other things being equal”. The prediction of what difference any specific alteration to economic policy will make is always hedged by this consideration. You can never be sure exactly what will follow from...

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  • Richard Laming

    On the European fence

    Published in the Daily Mail, 10 October 2008 I can’t work out whether Christopher Booker is in favour of countries pursuing their own national interests or against it. We know he thinks Britain should do this, but he criticises the French and the Germans for...

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  • European Council meeting, March 2006 (picture European Commission)

    Economic giant and political dwarf

    At a discussion this evening on the state of the European economy and the prospects for economic reform, an elegant point was made that something profound has changed within the EU. It used to be described as an economic giant and a political dwarf, being...

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  • Meeting of ECOFIN (picture European Council)

    How Europe takes financial decisions

    The Daily Telegraph kindly published a letter from me today on the unfolding financial crisis, but edited it so as to delete the main point I was trying to make. I was responding to an article by Janet Daley that criticised the secrecy of the...

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  • Tim Lang

    On another planet

    Interesting talk from Professor Tim Lang this evening on food security. (Read him on the Quotebank here.) He was spelling out the state of the world’s food supply and suggesting a few of the things that need to be done. A number of the points...

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  • Jean-Claude Trichet, president of the European Central Bank (picture European Commission)

    Managing the global economy

    By Richard Laming Published in The Times, 14 December 2007 Sir, You are right to insist on the importance of reform of the institutions that manage the global economy (leading article, Dec 13). It is increasingly apparent that decisions taken in one country will have an...

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  • Paul Collier

    A society of states

    Margaret Thatcher famously remarked that there is no such thing as society, only people and their families. Of course, she was wrong, as this blog remarked in the context of violence and pacifism. Read it here. (For another criticism, think about the point Steven Pinker...

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