Global Economic Prospects 2014

Five years after the financial crisis, the world economy is showing signs of bouncing back. Read more ...

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Sovereign Risk in Emerging Europe

Jamus Lim's picture

With the attention of bond market vigilantes focused on the developed economies for a change, it is nonetheless valuable to take a step back and consider sovereign risk in the post-crisis developing world. Indeed, the most recent issue of the Economist fingered Eastern European economies as having narrowly escaped the fate of the Mediterranean Europe. But is the lack of market strutiny of developing economies' debt justified?

Confronting uncertainty

Hans Timmer's picture

The Economist this week led with this subheader: Action on climate is justified, not because the science is certain, but precisely because it is not. The underlying argument is that immediate action is akin to taking an insurance policy—you can’t wait until you have hard evidence in hand, because by that time, you can no longer protect yourself against a catastrophe.