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The key to the survival of the planet? A group of countries never seen before.

Published at: 14-05-2019

Posted on: May 14th, 2019 by RaduC No Comments

Human civilization is faced with unprecedented challenges caused by a mixture of economic, demographic and climate-related factors. We would be misguided to imagine that “orthodox” solutions cautiously and slowly applied could actually work. It won`t happen. They will yield no results or if they do, it will be too late. What is required is a […]

The Challenging Rise of China

Published at: 22-04-2019

Posted on: April 22nd, 2019 by RaduC No Comments

The globalization of the last decades has undeniably led to less poverty and higher standards of living for a significant number of people in developing countries. It has helped reduce worldwide economic polarization at the expense of increased social polarization in the developed countries. China is probably the most revealing success story as to how […]

The missing pillar of Europe`s political stability

Published at: 14-04-2019

Posted on: April 14th, 2019 by RaduC No Comments

The political trends in Europe are worrying. Rising populist or nationalist parties overshadow the mainstream parties and thus endanger the European construction. As I already explained in a number of posts, in my opinion, the primary cause of the situation is economy-related. The mechanism which made economic prosperity for the European citizens after WWII and […]

The European Chief Prosecutor saga, the euro area saga

Published at: 05-04-2019

Posted on: April 5th, 2019 by RaduC No Comments

The saga of appointing a European Chief Prosecutor goes on, but the appointment process seems to have hit a wall. Neither the European Parliament, nor the Council of the EU is willing to give up on their candidate. The two institutions are the two European co-legislators whose work is underpinned by the principle of co-decision […]

Lessons for emerging economies, Romania included

Published at: 24-03-2019

Posted on: March 24th, 2019 by RaduC No Comments

The US Treasury yield curve has inverted as 3-month yield tops the 10-year yield. This is the first time that this has happened since 2007, and the WSJ noted that the move had preceded every recession since 1975. As the clock is ticking towards a new recession (or crisis?) the question on everybody`s lips is: […]

The failures are also ours

Published at: 04-01-2019

Posted on: January 4th, 2019 by RaduC No Comments

At the beginning of the `90s when I started my studies to transition from being an aircraft engineer to a management consultant, one of my English professors conducted a survey. As a specialist in organizational behavior, he wanted to assess how much the then Romanian CEOs were aware of the fact that the future of […]

Crisis or recession?

Published at: 07-12-2018

Posted on: December 7th, 2018 by RaduC No Comments

There is a long-standing misunderstanding in the public mind. It must be corrected because it is significant. Many people ask when the next crisis is going to strike again, without clearly discriminating between recession and a full-blown crisis. A recession is due to follow relatively soon because it is part of cyclical economic changes which […]

The illusion of a free lunch using chopsticks

Published at: 09-11-2018

Posted on: November 9th, 2018 by RaduC No Comments

For some time now, Romania has been in the grasp of an illusion. It is based on the assumption that countries such as China or the Gulf states have so much cash available that their investment criteria are extremely loose.  Much more than the European requirements for granting development funds. To put it differently, they […]

A new globalisation? For whom?

Published at: 18-10-2018

Posted on: October 18th, 2018 by RaduC No Comments

I recently had the opportunity to attend an INSEAD conference, the prestigious European postgraduate school branding itself as “The Business School for the World”.  The event was entitled “Managing disruption at the Board and Executive level”. It was a select gathering, with participants from the academia everywhere and also board and executive managers at some […]

The hypocrisy drowning in smoke our Planet

Published at: 05-10-2018

Posted on: October 5th, 2018 by RaduC No Comments

I don`t think that we can build a pollution-free planet just on a voluntary change of behavior. This is a statement not likely to attract much sympathy. But frankly, I do believe that people will change their behavior on a massive scale only when driven by financial reasons. Many may do it on ethical grounds, […]

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