Economic Growth

Achtung Baby: Germany Is Riskier than You Think

June 5, 2012

This presentation is posted with permission from World Economic Roundtable members from Carmel Asset Management.

Why a Grexit Would Make Lehman Look Like Childs Play

June 5, 2012

This post originally appeared at TF Market Advisors.

by Peter Tchir

The Future of Food: Five Frontiers

  • By
  • Elizabeth Weingarten,
  • New America Foundation
June 1, 2012 |

Generations of kids have grown up forbidden to taste chocolate cake batter. The rationale for this quasi- torture: fear of salmonella poisoning.

And at the current rate of food technology, the kids of 2040 may be eating healthier cookie dough, too—gooey hunks infused with nano-sized nutrients, with chocolate chips engineered to be less fattening.

But future children may never know what salmonella is: A Dutch company is currently developing a consumer spray to kill the bacteria on contact. Salmonelex may sit next to Windex on future kitchen counters.

The Invisible Wall against Social Protection Reform in China

May 29, 2012
Publication Image

Recently, the city of Chongqing has become the center of media attention caused by the political scandal surrounding prominent party leader Bo Xilai – the former top official in the Chinese province of Chongqing. Even before the scandal, Mr. Xilai received both praise and opprobrium for his policies and his role in the region’s rapid economic growth.

Why Eduardo Saverin Has Company in Singapore

  • By
  • Parag Khanna,
  • New America Foundation
  • and Ayesha Khanna
May 24, 2012 |

It’s a cliché that the Pacific Ocean is displacing the Atlantic, that China will replace America at the top of the world’s hierarchy of power, and the East will surpass the West. The cliché is also wrong. The multipolar world we are entering will have no single winner, and the three-pillared West of the European Union, North America, and Latin America remains a triangular zone of peace and foundation of global stability.

What Economists Get Wrong About Science and Technology

  • By
  • Konstantin Kakaes,
  • New America Foundation
May 17, 2012 |

Robert Solow, winner of the 1987 Nobel Memorial Prize in Economic Sciences, is famous for, in the recent words of a high-ranking State Department official, “showing that technological innovation was responsible for over 80 percent of economic growth in the United States between 1909 and 1949.” Or as Frank Lichtenberg of Columbia University’s business school has written, “In his seminal 1956 paper, Robert Solow showed that technical progress is necessary for there to be sustained growth in output per hour worked.”

Why Corporate America Shrugged at the Wal-Mart Bribery Scandal

  • By
  • Steve LeVine,
  • New America Foundation
May 16, 2012 |

When the New York Times reported last month that Wal-Mart had brazenly been bribing government officials in Mexico, the public responded with anger. According to the Washington Post, the outcry forced the U.S. Chamber of Commerce to slow its campaign to water down the Foreign Corrupt Practices Act (FCPA), the 1977 law that bars payoffs to foreign decision-makers in exchange for business. The agitation also led to a 5 percent drop in the price of Wal-Mart stock.

War, Trade and Utopia

  • By
  • Barry C. Lynn,
  • New America Foundation
December 1, 2005 |

In the spring of 2001 Andrew Grove, the chairman of Intel, made a remarkable statement. Any conflict in or around the Taiwan Strait that resulted in a break in trade, he said, would result in the “computing equivalent of Mutually Assured Destruction.” The implication, at least for the vitally important electronics industry, was that the production systems of the United States and China had become entirely in- tertwined and interdependent. equally remarkable is how little attention this statement, by one of the world’s most well-known industrialists, has received in the four years since.

Savings Song Launches YouthSave's Financial Education Workshops in Colombia

May 11, 2012
Publication Image

By Alejandra Montes Saenz, Save the Children Colombia

Cross-posted on

As part of the overall Financial Capability strategy for Colombia, Save the Children has conducted several launch events in the same schools where the implementation of the financial capability workshops will take place. The overall goal of these events is to gather the students, teachers and school staff and encourage them to start thinking about the importance of saving as a mechanism for young people to achieve their goals and dreams. We used ‘edutainment’ strategies—different forms of entertainment to deliver educational messages—to develop a fun and interactive design for the youths’ first encounter to financial capability topics, so that positive expectations could be built around the upcoming financial capability workshops.

New America NYC Event: Minimum Rage

May 8, 2012

Millennials are the first downwardly mobile generation in decades, staring down a host of economic challenges--student debt, the rise of low-wage jobs, and the ballooning cost of tuition, food, and rent. Media regularly serve up sobering statistics about twentysomethings, while Occupy Wall Street struggles to stay on message. How will the Great Recession affect Millennials longterm? And do they have what it takes to fight back?

Syndicate content