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(R*) China’s seemingly more efficient response to the pandemic refuels an older debate on the country’s economic success. The figures speak for themselves. According to the World Bank, 800 million people had been lifted out of poverty by 2018, making…
Read moreFor decades, businesses liked to parade a slogan which was music to all stakeholders’ ears: “Human resources is our most valuable asset”. Those who know me, know that I am not the person to shy away from uncomfortable questions, but…
Read moreDo you know those parties where everybody is having a great time and there comes a time when they all naturally want to open the champagne? And a guy immediately says “hold on, do not open the champagne for another…
Read moreWe are in a difficult period of transition with no compass for guidance. Despite desperate attempts to make the future more predictable by looking at past economic crises, I am convinced without a doubt that no previous experience that mankind…
Read moreSome cities around the globe can offer a unique experience when it comes to dining out called “Dinner in the dark”. This is basically having dinner in a pitch black room which completely deprives you of using what is probably…
Read moreI am talking this week with Lucian Croitoru, advisor to the NBR governor, whose views, however, do not express the official position of his institution. RC: Lucian how outrageous is it that after we got out of the tragic experiment…
Read moreBased on the spread rate and lack of specific information about the novel coronavirus, staying at home seemed like the only solution to prevent the situation from spinning out of control. All countries that enforced it early in the pandemic…
Read moreThe vernacular of those who deal in or broker investments cynically talks about “smart money” and “dumb money”. The former is managed by savvy professionals presumably able to take the best decisions regarding the amounts that they invest. Their choice…
Read moreAt the end of 2016 I put forward an idea that the intervening years has increasingly reinforced. It is, moreover, an idea that is strongly re-emerging as the world is being reshaped in the wake of the pandemic. I am…
Read moreThroughout human history the great powers have always made sure to get the lion’s share. The “great power” status, whether the source of power lied in the economy or their military strength, turned the countries into more than regional or…
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