woensdag 21 oktober 2009
Les 14 points clés du Rapport « Sortie de crise : vers l’émergence de nouveaux modèles de croissance ? »
Lisez cet utile résumé du Centre d'Analyse Stratégique ici.
THE WORLD IN 2025
The recent development of the world context and the strong European commitments to a regulated globalisation argue in favour of a prospective analysis of the trends which will shape the international environment, the tensions which will structure its development in the coming decades and the transitions that Europe could contribute to promote it. Read the complete report (25p.) from the European Commission here.
Why the euro is not the next global currency
The explosion of debate on the demise of the dollar has been instructive, though vastly premature. What is striking, however, is the absence of the euro from talk of alternatives as the global currency. Currency baskets, SDRs, even internationalisation of the renminbi, have been mooted, but not the obvious alternative. ....
Read the full article in the FT here.
Rising Debt a Threat to Japanese Economy
How much debt can an industrialized country carry before the nation’s economy and its currency bow, then break?
The question looms large in the United States, as a surging budget deficit pushes government debt to nearly 98 percent of the gross domestic product. But it looms even larger in Japan.
[...]
Just paying the interest on its debt consumed a fifth of Japan’s budget for 2008, compared with debt payments that compose about a tenth of the United States budget.
Read the complete article in the NYTimes here.
The question looms large in the United States, as a surging budget deficit pushes government debt to nearly 98 percent of the gross domestic product. But it looms even larger in Japan.
[...]
Just paying the interest on its debt consumed a fifth of Japan’s budget for 2008, compared with debt payments that compose about a tenth of the United States budget.
Read the complete article in the NYTimes here.
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