Kenneth Rogoff: 'Some European Countries Are Fundamentally Bankrupt'

Fears of a double-dip recession are growing following turmoil on the stock markets and Standard & Poor's downgrade of the US. In a SPIEGEL interview, Harvard economist Kenneth Rogoff criticizes President Obama for giving in to the Tea Party in the debt-ceiling negotiations and argues that the euro zone has to become a transfer union.

Der Spiegel, 8 August, 2011

Timothy Garton Ash: Europe's crisis is China's opportunity

Economically, China is already a dynamic giant. Militarily, it is becoming one. Politically? Ah, that's another story.. Timothy Garton Ash The Guardian, June 23 2011

IGI Award

The book "Nanotechnology and Microelectronics: Global Diffusion, Economics and Policy" received IGI Global 2010 Excellence in Technology Research 'Book of the Year' Award. In that book the chapter Collaborations in the Open Innovation Era ( pp. 61-86) is written by Annamária Inzelt (IKU-Innovatoin Research Centre/Financial Research Ltd, Hungary)

abstract

Mr. Bernanke Goes to War by Barry Eichengreen

In October 2010 Brazilian Finance Minister Guido Mantega warned of an impending ?currency war?. The United States, Britain, Switzerland and Japan, Mantega complained, were all simultaneously attempting to push down their currencies in an effort to export their way out of their economic doldrums. Their policies were in obvious conflict, since not every country can weaken its exchange rate against the others. This was a zero-sum game that could only come to grief.

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