A liberal world ?
This newsletter constitutes a joint initiative of Prometheus and the Centre Jean Gol, the knowledge centres of Open Vld and the MR, the two liberal parties of Belgium. Through a bimonthly, electronic newsletter we will provide you with a selection of analyses, op-eds, studies and other liberal articles previously published in the international press or on the Internet.
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The Wrong Trousers
- James Martin Institute
The Kyoto Protocol has not succeeded in countering global warming. Instead, the authors believe the protocol would have done the world more harm than good. That is why they favour a new approach. Instead of a top-down vision they are pleading for a bottom-up approach based on self-interest.
L'économie de Roller-Coaster
– Henri Lepage
In this op-ed, reknowned French economist Henri Lepage provides a cristal-clear analysis of the present monetary crisis. He fears the financial world has been trapped in a vicious circle.
Freddie et Fannie, mortelle randonnée
– Le Monde
From a European point of view, the subprime crisis appears to be a market failure. However, reality is totally different: State is in fact one of the main responsables of this crisis. Indeed, the two pillars of the financial system of the American real estate market were establishments obeying more the State orders than the market law.
Is the Brain Drain Good for Africa ?
– Brookings
Contrary to the generally accepted view of a brain drain with nefarious consequences for the country where emigration originates, this working paper shows the consequences for Africa are in fact rather positive. The African brain drain is not significant enough, profits for immigrants and their families are in fact larger than losses, and we must certainly not forget about the accumulation of skills.
History's Back: Ambitious Autocracies, Hesitant Democracies - Robert Kagan
After the fall of the Soviet Union, the future seemed to offer perspectives for a new international order. Because of the rise of autocratic countries however and an increasing hesitation by both the US and the EU, history has come back. Great power conflicts are again a real possibility.
PROMETHEUS
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Centre Jean Gol
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www.centrejeangol.be
Map of Freedom 2008 – Freedom House
The Three Revolutions – Henry A. Kissinger
How to Make Hong Kong Uncompetitive – Wall Street Journal
