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Preview: FT.com - Martin Wolf
FT.com - Martin Wolf

FT.com - Martin Wolf



FT.com - Martin Wolf



Published: Tue, 7 Feb 2012 18:56:25 +0000

Last Build Date: Fri, 10 Feb 2012 00:33:06 +0000

Copyright: © Copyright The Financial Times Ltd 2012. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.
 



Crisis must not change India's course

Tue, 7 Feb 2012 18:56:25 +0000

A vast, poor country can still generate rapid growth by catching up on high-income countries, regardless of the global environment, writes Martin Wolf



End this masochism in economic policymaking

Thu, 2 Feb 2012 20:20:11 +0000

Put blame to one side. The question is whether anything should, or can, be done. My answer remains a definite yes, writes Martin Wolf



Europe is stuck on life support

Tue, 31 Jan 2012 18:42:49 +0000

The ECB has saved the eurozone from a heart attack. But its members face a long convalescence, writes Martin Wolf



The world's hunger for public goods

Tue, 24 Jan 2012 19:24:02 +0000

It is unclear whether today's states can – or will be allowed to – provide the goods we now demand, writes Martin Wolf



Yet another year of living dangerously

Tue, 24 Jan 2012 16:10:54 +0000

What can we see in the world economy in 2012? Risks galore, writes Martin Wolf



Seven ways to fix the system's flaws

Sun, 22 Jan 2012 18:39:32 +0000

The shocks inflicted on the world by the upheavals of the past few years make a thoroughgoing overhaul urgent, argues Martin Wolf



Scotland needs to judge the costs of independence

Thu, 19 Jan 2012 19:27:01 +0000

The Scots needs to understand that breaking free would deprive them of the benefits of pooling resources, writes Martin Wolf



Why the super-Marios need help

Thu, 19 Jan 2012 12:16:27 +0000

The costs of failure are so large that the possibility of domestic and eurozone reform must be kept alive, writes Martin Wolf



Hopes in emerging countries

Tue, 10 Jan 2012 19:10:57 +0000

The speed of convergence in incomes per head is driving extraordinary divergence in growth between incumbents and newcomers, writes Martin Wolf



The 2012 recovery: handle with care

Tue, 3 Jan 2012 20:12:32 +0000

Looking at the battered high-income countries, is there a good reason to expect healthy outcomes? Not really, says Martin Wolf



America's inequality need not determine the future of Britain

Thu, 22 Dec 2011 20:34:40 +0000

Although similar to the US, policies and social preferences will make a very big difference for the UK, writes Martin Wolf



Sinking into the 'great stagnation'

Wed, 21 Dec 2011 14:50:06 +0000

The bad news is that the era of cheap resources is not just vanishing for the US. What was once treated as free is costly, writes Martin Wolf



A disastrous failure at the summit

Tue, 13 Dec 2011 19:39:42 +0000

The eurozone's leaders have not devised a credible remedy for the ills that continue to afflict the currency union, writes Martin Wolf



Bob Diamond in an unconvincing defence

Mon, 12 Dec 2011 16:38:40 +0000

Talk is cheap. Action is expensive. But the Barclays chief executive's inaugural Today Business Lecture was clever talk, writes Martin Wolf



Germany has to make a fateful choice

Mon, 12 Dec 2011 16:38:17 +0000

My fears are coming true – this crisis has done more than demonstrate that the initial design of the eurozone was defective, writes Martin Wolf



Mind the gap: the perils of forecasting output

Thu, 8 Dec 2011 20:12:55 +0000

It remains difficult to understand why the government cannot take advantage of low rates to expand investment, writes Martin Wolf



Merkozy failed to save the eurozone

Tue, 6 Dec 2011 22:58:35 +0000

In the absence of external adjustment, the fiscal cuts imposed on fragile members will just cause prolonged and deep recessions, writes Martin Wolf



What the IMF should tell Europe

Wed, 30 Nov 2011 18:32:12 +0000

It is time for John Maynard Keynes' 'ruthless truth-telling' – that EU's choice is between bad and calamitous alternatives, says Martin Wolf



The UK now faces a 'lost decade'

Tue, 29 Nov 2011 18:46:42 +0000

George Osborne is trapped by his own rigid fiscal framework – so we get gimmicks, as with all chancellors under stress, writes Martin Wolf



Why cutting fiscal deficits is an assault on profits

Thu, 24 Nov 2011 23:47:45 +0000

The government's programme of fiscal tightening is unreasonably inflexible in such an uncertain world, writes Martin Wolf



To the eurozone: advance or risk ruin

Tue, 22 Nov 2011 20:09:26 +0000

The absence of shared political culture, a common political process and effective constitutional structures is an obstacle to enduring success, writes Martin Wolf



Europe must not allow Rome to burn

Tue, 15 Nov 2011 17:51:25 +0000

With the new government in Italy, the eurozone has what may turn out to be a last chance to put out the fire, writes Martin Wolf



Bob Diamond's unconvincing defence

Thu, 10 Nov 2011 19:58:18 +0000

It is not enough for banks to accept the principle of 'strong regulation' – we need to see changes to believe in reform, writes Martin Wolf



Thinking through the unthinkable

Tue, 8 Nov 2011 20:33:52 +0000

The fundamental difficulty throughout has been the failure to understand the nature of the eurozone crisis, writes Martin Wolf



Creditors can huff but they need debtors

Tue, 1 Nov 2011 19:28:33 +0000

As Greece seems about to prove, debtors are able to inflict a great deal of damage on everybody, writes Martin Wolf



The big questions raised by anti-capitalist protests

Thu, 27 Oct 2011 19:52:59 +0100

Darker forms of politics are waiting in the wings: nationalism, racism. We do not need to watch this tragedy again, says Martin Wolf



Be bold, Mario, put out that fire

Tue, 25 Oct 2011 18:42:47 +0100

You must choose between two paths: the orthodox one leads towards failure; the unorthodox one should lead towards success, writes Martin Wolf



There is no sunlit future for the euro

Tue, 18 Oct 2011 19:53:19 +0100

It is conceivable that the eurozone will find ways to manage its emergency. It is inconceivable that it will cure the illness, writes Martin Wolf



'Eclipse'

Sun, 16 Oct 2011 22:17:06 +0100

China could soon eclipse the US but it would be quite wrong to assume Beijing will be able to dictate to it as quickly, writes Martin Wolf



Time has come for some intelligent policymaking

Thu, 13 Oct 2011 22:32:50 +0100

As Deng Xiaoping said, 'it does not matter if a cat is black or white, so long as it catches mice.' Who cares if a policy is called fiscal or monetary, so long as it works? writes Martin Wolf



First aid is not a cure

Tue, 11 Oct 2011 20:03:06 +0100

One-sided and unduly hasty offsetting adjustment would exacerbate the downturns in the eurozone and world economies. What is needed is financing and adjustment, writes Martin Wolf



How to keep the euro on the road

Tue, 4 Oct 2011 20:07:58 +0100

The eurozone needs a credible path of adjustment, at whose end we see weaker economies restored to health. If such a path is not found it will fracture,writes Martin Wolf



Time to think the unthinkable and start printing again

Thu, 29 Sep 2011 20:25:44 +0100

A big danger for the UK is a sharp fall in house prices, which would threaten the finances of households and banks, writes Martin Wolf



Fear and loathing in the eurozone

Tue, 27 Sep 2011 22:02:31 +0100

The eurozone has still to decide what it will be when it grows up. But first it needs to reach that stage. The costs of a meltdown would be too grave to contemplate, writes Martin Wolf



Why breaking up is so hard to do

Tue, 20 Sep 2011 20:06:17 +0100

The eurozone cannot stay where it is, cannot undo what it has done and finds it traumatic to go forward, writes Martin Wolf



Of course it's right to ringfence rogue universals

Thu, 15 Sep 2011 19:51:47 +0100

Some bleat about 'level playing fields'. My response is that if France wishes to put taxpayers at risk, that is its folly, writes Martin Wolf



Time for Germany to make its fateful choice

Tue, 13 Sep 2011 17:32:09 +0100

The failure of Germany's leaders to explain the facts at home makes it impossible to solve the current crisis, writes Martin Wolf



We must listen to what bond markets tell us

Tue, 6 Sep 2011 17:56:05 +0100

They are saying: borrow and spend, please. Yet those who profess faith in the markets are determined to ignore the cry, writes Martin Wolf



Britain must escape its longest depression

Thu, 1 Sep 2011 22:23:05 +0100

The longer output remains depressed, the more likely it is that supply potential will be needlessly damaged, writes Martin Wolf



Struggling with a great contraction

Tue, 30 Aug 2011 20:21:11 +0100

Are we at risk of a 'double dip' recession? No, because the first one did not end and might indeed become deeper and longer, writes Martin Wolf