Putin’s war and the German economic model
Will Germany’s economic model survive Russian President Vladimir Putin’s war on Ukraine? As I noted in a recent talk at Harvard University, answering that question requires revisiting recent...
What if Germany boycotts Russian energy?
Since Russian President Vladimir Putin launched his war on Ukraine, the German government has been under mounting pressure to join a proposed European embargo on Russian energy. It is widely believed...
How Chinese competition helps Western conglomerates
In November, the US industrial powerhouse General Electric (GE) announced that it would split into three companies. The Japanese conglomerate Toshiba and health-care giant Johnson & Johnson have since...
Will deglobalisation fuel inflation?
BLURB: Some economists argue that the pandemic-driven retreat from globalisation, together with population aging and the advanced economies, is a recipe for inflation. But while workers' bargaining...