International Selection

Spin and frothy markets aside, the real life of American consumers is still quite difficult. The healing has only just begun. A column by Stephen S. Roach.

A sustained burst of moderate inflation is not something to worry about. On the contrary, in most regions, it should be embraced. A column by Kenneth Rogoff.

There are several reasons to doubt that youth unemployment is a discrete problem meriting special treatment. A column by Daniel Gros.

France and Germany, the two core states of Europe's monetary union, differ heavily in their views of public finance. This has a background in history. A column by Harold James.

By extending well beyond their comfort zone, today’s central banks face unusual brand-management risks. A column by Mohamed A. El-Erian.

Not a single global megabank has a well-functioning board. Their members kowtow to CEOs and do not examine management decisions closely. A column by Simon Johnson.

The eurozone needs a massive write-down of peripheral countries' debt. There are no easy cyclical solutions to tough structural problems. A column by Kenneth Rogoff.

The slower growth that a rebalanced Chinese economy is likely to experience is not thrilling for the rest of the world. A column by Stephen S. Roach.

Foreign debt is more important than domestic debt, which means that the external deficit has to be adjusted. A column by Daniel Gros.

Whether Japans shift in its economic policy will succeed might finally be decided elsehwere. A column by Mohamed A. El-Erian.

Steven Newman, CEO of Transocean, talks with «Finanz und Wirtschaft» about the oil-disaster in the gulf of mexico, the dispute with Carl Icahn and the shaky rating.

India's administrative institutions need an overhaul. Otherwise, they would remain a brake on economic development. A column by Raghuram Rajan.