Spotlight on Geopolitics

Archives for geoeconomics

The wave of blowback terrorism currently sweeping Western European capitals is likely to obscure a major event due to take place on November 24th and 25th in China: I am referring to the annual meeting of the leaders of 16 Central and Eastern European countries (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia,… » read more

Posted by Florian Pantazi

The Poverty of Economics

Although it might come as a surprise, poverty reduction over the past twenty years owes more to the policies of the governments of emerging countries than to western intellectual leadership. Contrary to what we might believe, western economic theory is sadly silent on the subject of poverty alleviation. This at least is the conclusion of… » read more

Posted by Florian Pantazi

Every few decades or so we are brutally reminded that the global economic system can experience serious dysfunctions and that the science called upon to find the necessary remedies is rarely, if ever, up to the task. The latest controversies among economists regarding austerity policies or possible solutions for dealing with sovereign debt are a… » read more

Posted by Florian Pantazi

Mopping up after Sarkozy

François Hollande, the French president, is currently back from a state visit to China. Hollande hopes to expand trade in Asia, as France’s current account deficit has reached 75 billion euros, a third of which is with the Middle Kingdom. His task has been made difficult by the recent history of French-Chinese relations. In 2008,… » read more

Posted by Florian Pantazi

After more than four years of misguided austerity policies, the sharp economic downturn is about to claim its latest victims – Europe’s democracies. During the sovereign debt crisis, politicians in office – regardless of party ideology – have been forced to resort to hugely unpopular budget cuts and to increase taxes for the middle and… » read more

Posted by Florian Pantazi

EU: going for broke

The 2012 global economic results highlight the unique counterperformance of the European Union among its major trading partners. According to the end of year statistics published by The Economist, even countries like Japan and the United States have managed growth rates of 2 percent or above. The average growth rate for the ASEAN countries reaches… » read more

Posted by Florian Pantazi

How much more money can be poured into solving the debt crisis before European decisionmakers realise that current recovery strategies do not actually produce the expected results ? The global financial crisis followed by the European debt crisis are proof of an American export turned toxic, namely the Washington consensus. Its commandments, which consist of… » read more

Posted by Florian Pantazi

As the European holiday season draws to a close, I suspect that many EU leaders are loath to return to work. A lack of appetite, given the current economic context, would be perfectly justified. Leading economists on both sides of the Atlantic have noticed that neither austerity measures (the EU’s case) nor monetarist remedies (the… » read more

Posted by Florian Pantazi

In an intelligent and highly readable essay, Fareed Zakaria, a close Obama adviser, analyses the fundamental changes in the distribution of power in international affairs, away from US dominance. He claims that what we are witnessing today is one of geopolitics’ “tectonic power shifts”, the third in the last five hundred years in order of… » read more

Posted by Florian Pantazi

The implosion of the Soviet Union has in many ways adversely affected the stability of the Central Asian republics like Kazakhstan, Kyrgyzstan, Turkmenistan or Uzbekistan. Since 1991, a loose alliance of 11 former Soviet republics, the Commonwealth of Independent States (CIS), was formed in order to preserve, at least in part, the Soviet-era heritage in… » read more

Posted by Florian Pantazi