The start of the Single Supervisory Mechanism (SSM) in the euro zone adds an important element to the euro’s financial ecosystem. It should help to restore trust in the system and, by reducing frictions in the monetary transmission mechanism, may also contribute to growth. Recent additions to the monetary framework of the euro zone have …Read More

Opening Plenary of the World Economic Forum Annual Meeting 2009: Vladimir Putin

The debate in Germany about policy toward Russia is generating a critical mass of competing perspectives and prescriptions. It may be one of the more important foreign-policy arguments at a time when Germans are wrestling with their global role and responsibilities. A recent open letter signed by many prominent German figures was published calling for …Read More

This year’s AICGS Annual Symposium is framed around the idea of “A World in Flux”: the relative decline of the West’s economic power; the  need to  adapt our work forces to be successful in a new era; and changing geopolitics as a result of ongoing tensions in eastern Europe, the  Middle East, and Asia. Containing …Read More