China is currently undergoing a rapid tertiarisation process, with its service industries growing as a share of GDP at the expense of both agriculture and manufacturing. This could be a bad omen for future growth.
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Economics
Heiner Flassbeck, Patrick Kaczmarczyk: Argentina and Turkey: Two very different countries, the same problem
In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is […]
Climate Crisis
Oil Change International: Climate hypocrite: Norway has opened up billions of barrels of new oil and gas resources
Norway claims to be one of the climate leaders and it was among the first countries to ratify the Paris Agreement. The Scandinavian country is pursuing an “aggressive policy of expanding its oil and gas […]
EU politics
Frances Coppola: Merging Deutsche Bank And Commerzbank Won’t Solve Their Problems
Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European […]
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