What determines whether a country goes backwards or forwards? Why have so few developing countries joined the ranks of rich nations? George Magnus, former chief economist of UBS, chooses books to help us reflect on what it is that societies need in order to be successful.
Temer, Rousseff’s successor, needs luck and judgment
The president has a chance to stabilise Brazil and begin painful reforms.
Whose world is it anyway?
How should we think about today’s global axis between the US on the one hand and China and Asia on the other?
The Brazilian economy is struggling in a marathon of Olympic scale
The economy is going through its worst recession and a full-blown political and constitutional crisis.
Brazil: the trapped country
First published: Prospectmagazine.co.uk, 14/07/2016
Brazil was booming when it won the right to host the Olympics.
Managing Asia’s debt problem
First published: Nikkei Asian Review, 27/04/2016
The Bank of Japan’s interest rate setting meeting on April 28 is the focus of attention this week for many central bank watchers.