International Selection

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.

The sharply thinking Wall Street veteran doesn’t trust the theoretical models of the central banks and warns of irrational exuberance in the financial markets.

Europeans and Chinese should question whether they really want to assume the risks associated with a position at the center of a large and complex global financial system. A column by Harold James.

If young people and the disadvantaged are to find satisfying and rewarding jobs, governments, employers, educational institutions, and civil-society groups all have an important role to play. A column by Stefano Scarpetta.

David Li, Chairman und Country Head of UBS China, in an interview with «Finanz und Wirtschaft» about the future of the chinese financial sector and the severe competition with local banks.

Potentially wealthy countries rather often fail economically. It usually starts when some imbalance causes overall inflation, which then the government clumsily tries to retain. A column by Ricardo Hausmann.

At long last, China’s senior leadership has endorsed a raft of reforms that could impel the economy’s shift from reliance on exports to consumption-led growth. By Stephen S. Roach