International economics

Financial crises and flushing toilets

Last week I was at the International Studies Association (ISA) Annual Convention in New Orleans (Louisiana). The ISA is the most important gathering of International Relations (IR) and International Political Economy (IPE) scholars in the world. Usually there are thousands of delegates and hundreds of panels, and this time [...]

How to fix the euro

The latest Global Go To Think Thanks Report released by the University of Pennsylvania has ranked the joint Elcano-Chatham House-Arel Report ‘How to Fix the Euro: Strengthening Economic Governance in Europe’ as number two in the world for 2013-2014. As two of the co-authors, we are pleased to see that [...]

Investor-State Dispute Settlement and the TTIP: still a thorn in European negotiators’ sides

The Transatlantic Trade and Investment Partnership (TTIP) negotiations, which aim to create a free trade area between the EU and the US, have been mired in many controversies since kicking off in July 2013. But arguably the most damaging to the negotiations has been the potential inclusion of investor-state [...]

How much Spanish sovereign debt does China hold?

After years trying to find out the currency composition of China’s foreign reserves portfolio (a topic mired in the outmost secrecy), I thought finding out who holds Spanish sovereign debt would be an easier job. Not least because we Europeans tend to think or at least pretend we are [...]

The BRICS bank: the first big move in China’s global weiqi game

The coming weekend a number of senior officials of the BRICS will arrive to Brazil. Most of them will try to attend the football world cup final on Sunday, but enjoying the atmosphere of the Maracaná stadium will not be the highlight of their visit. After the weekend they [...]

Global Spectator, by Andrés Ortega BRIC nationalism

The election of Narendra Modi and his BJP party in India has marked the arrival of another nationalist –or, rather, an even more nationalist, as they have all been so-, at the head of a BRIC (Brazil, Russia, India and China; let’s leave South Africa out for the time [...]

Global Spectator, by Andrés Ortega Still emerging, but not so much

They are performing better than we Europeans, but not as well as before. The growth of the emerging economies is slowing down. Are we at the end of the Great Convergence, as Dani Rodrik suggested some months ago, or is this just a slowdown, as Martin Wolf saw it, [...]

Yes Moravcsik, we need to be more positive on Europe; and on the Euro too

The debate on Europe is largely dominated by doomsayers. The dominant discourse is that the European Union is in disarray. European policymakers are unable to get their act together. There is an increased rift between the creditor North and the indebted South. Economically speaking, Europe will be stuck in [...]

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