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... since November 2011. What to do? When the global financial crisis struck in late 2008, the Australian government acted decisively, and stimulated the economy.  This, together with export demand from ...
42. New global thinking needed
(Panorama/Change and innovation)
After a decade dominated by wars in Afghanistan and Iraq, a global and then sovereign debt crisis, and never-ending economic funk in Japan, it is most certainly time for some new global thinking.  It is ...
43. IMF and Asia
(Panorama/Governing globalization)
Almost 15 years after botching up the Asian financial crisis, the International Monetary Fund is still persona non grata in Asia.  Presumably that is why the IMF's new number 2, David Lipton, was sent ...
44. Korea and Japan: a tale of two countries
(Panorama/Globalization winners)
... ago, and was also badly hit by the global financial crisis in 2008. Despite many calls for structural reforms, Japan has sought to keep its economy afloat by continued fiscal stimulus, rather than swallowing ...
45. Inequality just keeps on rising
... couldn’t afford to pay for their mortgages anymore.  And there is strong evidence that excessive borrowing was related to these income gaps. The economic crisis has added urgency to the need to address ...
46. Birth of CELAC, a new regional body
(Panorama/Governing globalization)
... answer to the economic crisis as the most important short-term goal. Why setting up a new regional body? Let's take three readings out of it. Firstly, CELAC is conceived by its proponents as a viable ...
... and strategic issues continue to cast a shadow over more stringent forms of cooperation. This is especially true as China has become more assertive in foreign policy since the global financial crisis, ...
48. China's rebalancing imperative
(Panorama/Globalization winners)
If there was one big lesson for China from the 2008/2008 global financial crisis, it was the urgent need to rebalance its economy.  Like most East Asian economies, it received a sudden and sharp jolt from ...
49. Innovating out of crisis
(Panorama/Change and innovation)
... generating an entrepreneurship- and innovation- driven path out of crisis. Recessions and crises can indeed be breeding grounds for entrepreneurship and innovation, and provide new sources of growth, ...
50. OECD and Asia
(Panorama/Governing globalization)
... IMF and President of the World Bank remain firmly in the hands of Europe and the US respectively.  Not even the embarassment of the European sovereign debt crisis could wrest the IMF job from the old continent ...
We all look to government to help us whenever there is a problem -- like an international conflict, financial crisis, natural disaster or even an oil spill in the Gulf of Mexico. In reality, we always ...
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