International Selection

Given the likely tradeoffs between strategy and tactics – between long-term reforms and short-term growth imperatives – can Chinese policymakers accomplish all of their objectives? A column by Stephen S. Roach.

Because France is not yet willing to accept a common European state, we need an intermediate stage to preserve and stabilize the eurozone. A column by Hans-Werner Sinn.

Jeffrey Gundlach, CEO of the U.S. investment management firm DoubleLine, is concerned about the growing amount of speculation in equities and draws parallels between today’s markets and the dot-com boom.

Far too often, Western aid serves to assuage donors’ guilt rather than improve recipients’ plight. This is particularly the case when naïve assistance serves to reinforce a dysfunctional status quo. A column by Kenneth Rogoff.

Cities and countries would be ill-advised to focus on a few «clusters» and consolidate the value chains in their location, as is so often recommended. A column by Ricardo Hausmann.

There is still much to worry about, but the US economy has a better chance of achieving a significantly higher real growth rate in the new year than at any time since the downturn began. A column by Martin Feldstein.

The settlement between the US Department of Justice and JPMorgan Chase tells us: There will be no change to business as usual. A column by Simon Johnson.

Investments in productive infrastructure are the most efficient way of promoting economic growth. A column by Kenneth Rogoff.

Only when the long-missing link between corporate profitability and wages is restored will investment and household consumption in general, finally rid Japan of its deflation and put its economy on a growth path.By Shinzo Abe.

The big central banks have a problem many a pop singer has encountered: After years of stimulus, rehab is just not that easy. A column by Niall Ferguson.

The major uncertainty facing the world today is not the euro but the future direction of China. The growth model responsible for its rapid rise has run out of steam. A column by George Soros.

Reindustrialization – together with the fight against youth unemployment – should top Europe’s agenda in 2014. A column by Enrico Letta.