Danske on Eurozone Debt – The Peril of Internal Devaluations

This is really a follow-up on my earlier piece today and my last 2009 piece on Eurozone imbalances and internal devaluation. In particular, I want to point you towards two things. Firstly, Edward has, no doubt after a long hard thought, come to the conclusion that Greece should be sent to the IMF . . . → Read More: Danske on Eurozone Debt – The Peril of Internal Devaluations

Six Rules for Building Good Universities

In recent years, an empirical literature has begun to prise apart the management process of universities, seeking to identify the features which cater to excellence. In a previous blog post I summarised five useful ingredients that enable successful universities, from a working paper by Philippe Aghion, Mathias Dewatripont, Caroline M. Hoxby, Andreu Mas-Colell and . . . → Read More: Six Rules for Building Good Universities

China’s Growth Accelerates – Best In Over 5 Years

China’s manufacturing sector has likely grown to the fastest pace in more than five years, a December survey of purchasing managers reported early Monday.The HSBC Holdings Plc and Markit Economics purchase manager’s index rose to a seasonally adjusted 56.1 from 55.7 in November. It was the highest reading for the index since April 2004.The . . . → Read More: China’s Growth Accelerates – Best In Over 5 Years