Radu Craciun

A deep concern is haunting part of the Western elites vented as well in the main stream media: economic success is no longer within the exclusive remit of liberal societies. China`s spectacular developments in the past decades and its dominant position in spite of the autocratic political regime that originated them have prompted analysts to […]

In a recent report, the Institute of International Finance estimates that global debt has reached a new record high, 253 trillion dollars by the end of September. The analysis considers that this is debt accumulated mainly by governments and non-financial institutions. The report highlighted the major role that low interest rates played in spurring funding […]

It was a bullet whizzing past us, investors, bankers, employees, employers, consumers, deposit holders and the list could go on. The 2008 crisis, by its complexity, has had a serious and profound impact on financial and economic systems, in the developed economies, in particular but also on the rest of the world by a spillover […]

I repeatedly read the other day an interview by Deutsche Welle with professor Herbert Brucker, researcher on international migration and European integration with the Federal Institute for Employment Research in Nurenberg. He basically argues in favor of immigration to Germany, putting the number of needed immigrants at 400.000 a year. According to his estimations, in 20 […]

Central banks in mature and liberal economies have consistently advanced an image of exclusively technocratic establishments and kept political relations to a minimum. The main and single mandate received by most of them, namely to keep inflation under control, meant that their attention focused more on economic theories and models that would help them take […]

I read the other day with great interest, as I always do, the opinion of the distinguished professor Valentin Naumescu in his article “Is the wheel of History spinning? Why is the West losing ground to Russia and China? The West vs West war”. He expressed concern and, clearly, frustration about the radicalization and polarization […]