International economics

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 [...]

Almighty Merkel: Ready to enter the minefield?

Angela Merkel has emerged as the undisputable winner of the German elections. With these results (almost 42% of the votes) in her third elections Merkel is on a path to join both Kohl and Adenauer as one of the greatest chancellors in German post-war history. The majority of Germans [...]

Has Spain Turned the Corner?

After almost two years of doom and gloom, the Spanish government has been trumpeting, perhaps rather too loudly, some good news on the economic front: The economy shrank by ‘only’ 0.1% in the second quarter over the first quarter. Exports continue to boom. The number of tourists this year [...]

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