Author
In this post I would like to refer to a recent statement made in Bucharest by a Director of Amundi, the leading financial assets manager in Europe. According to press reports, he declared that doing away with the private pensions…
Read moreI 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…
Read moreThis is a confusion that I have often come across among foreign athletes or artists coming to Romania. A mix-up that the general public treated at times light-heartedly, and other times with indignation. A mix-up rarely made by foreign politicians….
Read moreI 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…
Read moreThe crisis that started in 2008 has put to the test the ability of central banks to put aside traditional economic wisdom and try their hand at the most unorthodox measures, instead, to prevent economies from slipping into a depression…
Read moreWe live in a country which is aging and losing its population at an alarming rate. In the last 30 years the population fell by 3.5 million people and UN estimates show that by 2050 it will have lost another…
Read moreTen years after the Lehman Brothers collapse a question is on everyone`s lips: can this happen again? The worries around such a possibility are completely justified by the crisis that Ben Bernanke, a former FED Chairman deemed the worst in…
Read moreMeasuring inflation by keeping an eye on a basket of goods and services is not infallible. And that is not only due to the one-year delay in updating the consumer basket`s contents or because the contents vary with the population…
Read moreRomania`s credit ratings have never been the best compared with other countries in the region, either in absolute, or relative terms. This resulted in enough voices wondering on various occasions whether Romania might be discriminated against by the credit rating…
Read moreIn 1997 the well-known CNN journalist and political analyst, Fareed Zakaria wrote a visionary commentary entitled “The rise of the illiberal democracy” which predicted the rise of a new category of leaders: popular autocrats intent on governing without much regard…
Read more
