flassbeck economics international

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Denmark in the hands of the capital markets?

By Heiner Flassbeck

17. October 2018 I General

Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE

I was invited to Copenhagen last week to talk about the euro crisis and its impact on nations such as Denmark, which still have their own currency, …

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Why interest rates are low and Italy needs our support

By Heiner Flassbeck

16. October 2018 I General

Originally posted in German at Makroskop
Translated and edited by BRAVE NEW EUROPE

Some time ago, the conservative German daily newspaper Frankfurter Allgemeine Zeitung (FAZ) published a piece in which it tried to explain why interest rates are so low and why they remain so. …

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Automation: The exaggerated threat of robots

By Nico Beckert

11. September 2018 I Globalisation and Development

A lack of jobs and insufficient industrialisation are hampering the development of many African countries. Now another threat is seems to be emerging: the automation of production. However, it will take quite a lot of time before robots become cheaper than workers in Africa. …

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The drop of the Turkish lira and the role of currency speculation

By Heiner Flassbeck

17. August 2018 I Economic Policy, Globalisation and Development

I presented a detailed analysis of Turkey’s economic problems some time ago (here in German). The situation is now deteriorating dramatically because the Turkish lira continues to be under enormous pressure and has lost more than a third of its value against Western currencies since the beginning of the year. …

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