The disappointing recovery following the 2008 Great Financial Crisis has brought to life Alvin Hansen’s thesis of the late 1930s. Hansen was wrong. But he was wrong in way he still might be right after all.
Shirin Ebadi is an Iranian, a lawyer and a winner of the Nobel Peace Prize for her defence of the rights of women and children. She honoured us with her presence during a breakfast on the role of women in the advancement of democracy. We met up with her.
Degroof Petercam has just published its half-yearly sustainability ranking for the 34 OECD member states. The ranking assesses the sustainability of countries according to five major pillars, namely transparency and democratic values, environment, education, population, healthcare and wealth distribution and economy.
The wider Brexit fallout remains limited, at least so far. While overall confidence has picked up slightly, our global composite sentiment indicator suggests that global economic activity is still weak. Encouragingly, there is a growing awareness about the need for more expansive budgetary policies.