International Selection

A Greek default within the euro, far from allowing Syriza to honor its election promises, would inflict even greater austerity on Greek voters than they endured under the troika program. A column by Anatole Kaletsky

Athens should expand the scope of negotiations with its creditors to include strategies for stimulating exports. But, first, Greece must finally recognize that austerity is not the enemy. A column by Daniel Gros.

William «Bill» White, former Chief Economist of the Bank for International Settlements (BIS) in Basel, deems the fundamental analysis by Central Banks as inadequate. There is no core of monetary policy science, its fashions are constantly changing, says White in an Interview with «Finanz und Wirtschaft».

The Tories' victory should be viewed as an opportunity to launch a renewed and reformed EU in the next two years. The UK’s European partners expect Cameron to frame the debate that must now begin. A column by Carl Bildt.

Vitalik Buterin, the founder of Ethereum, is confident that his platform will be used widely. Even if the changes through his platform are not revolutionary.

Parliamentary debate is an effective way to set long-term priorities; but politicians need to ensure that the decisions taken are carried out without excessive tinkering or backtracking. A column by Harold James.

Boston and San Francisco might serve as role models for the Swiss banking sector: They are an operating base for many extremely specialized financial institutions. A column by Guy Spier.

The EU may be unable to return Crimea to Ukraine, but its legal actions should put Putin on notice that his strong-arm tactics will not work for much longer. A column by Nina Khrushcheva.

The Greek government wants to create the necessary preconditions to restore investment and credit to levels consistent with economic escape velocity. A comment by Yanis Varoufakis.

The main financial risk facing the US looks similar to what caused so much trouble in 2007-2008: big banks with too much debt and too little equity capital on their balance sheets. A column by Simon Johnson.

Whichever policies – macro or micro – turn out to work best for addressing today’s economic problems, one thing has become abundantly clear: optimism is out of fashion. A column by J. Bradford DeLong.

For independence to be politically acceptable, the central bank’s objectives must be well defined. The more numerous those objectives, the better central bankers must explain them. A column Barry Eichengreen