Yearly Archive: 2016

Global Spectator, by Andrés Ortega European prose for David Cameron: not much changes

David Cameron emerged with his spoils. But also to some extent did we. He secured a special status in the EU. But he already had that, and things have scarcely changed. In the final analysis, like Monsieur Jourdain, he has done nothing but talk in European prose, although the [...]

Global Spectator, by Andrés Ortega Is the world economy seizing up? It’s not just because of China

Taking a long term perspective, much has been made of the ‘secular stagnation’ notion made fashionable by Larry Summers in 2014. It may be that we are in the midst of a long cycle or facing a worldwide readjustment or purge, partly owing to the slowdown and change of [...]

Will Spain’s political stalemate damage its economic recovery?

The Spanish economy had a good year in 2015, but it ended with an inconclusive election on 20 December that produced a fragmented parliament. Almost two months later there is still no sign of a new government, and the potential impact on the economy’s recovery after a long recession [...]

Global Spectator, by Andrés Ortega The US: votes of rage

Of the various terms used to describe the mood of voters, ‘rage’ and ‘anger’ emerge with perhaps the greatest frequency in the analyses and surveys, both quantitative and qualitative, of the elections in the US. Rage has been on the rise since 2010, and it accounts for phenomena such [...]

Global Spectator, by Andrés Ortega The EU’s limits in the face of Poland’s retrograde step towards illiberalism

For the first time in the history of Poland’s post-Cold War democracy a political party has managed to achieve an outright majority, albeit not sufficiently large to change the constitution. The party in question is Law and Justice (Prawo i Sprawiedliwość, PiS), where the person who pulls the strings, [...]

The Paris Climate Agreement could positively disrupt Latin America’s development

Last December a major shift in the tectonic plates of climate governance occurred. Over 190 countries were able to agree a ground breaking new global agreement on climate change in Paris. A number of Latin American countries including Brazil, Mexico, Peru, Colombia and Chile, among others, were instrumental in [...]

Global Spectator, by Andrés Ortega Global risks: are they really not economic?

‘Davos is a factory where conventional wisdom is manufactured’, according to David Rothkopf, Editor of Foreign Policy. But it frequently happens that this ‘conventional wisdom’ is simply wrong. Forming part of it are the forecasts of the World Economic Forum, which, nevertheless, are always of great interest. It is [...]

Global Spectator, by Andrés Ortega Venezuela: struggle for power with a backdrop of economic disaster

Initially, Hugo Chávez won elections, all above board. But then he began to win with all manner of chicanery and by manipulating the State’s institutions, as his regime gradually jettisoned any checks and balances. Nevertheless, he continued to win incontestably. Now, under Nicolás Maduro, whose mandate ends in 2019, [...]

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