An alternative perspective

We have three senior advisors who regularly contribute articles to our quarterly investor reports. These are reproduced below. 


01 November 2009

The Post Crisis Shift in Emerging Market Privatisation Trends

IAN BREMMER, PRESIDENT, EURASIA GROUP Policymakers within many emerging market countriesnow argue that the most serious economic meltdownsince the Great Depression has discredited the“Anglo-Saxon” approach to financial sectorliberalisation and deregulation.

01 November 2009

Dealing with the Debt

PROF. DIETER HELM, UNIVERSITY OF OXFORD Last autumn, there were many who thought that the world was about to come to an end, as the full scale of the financial crisis emerged.

01 August 2009

The Rise of State Capitalism

IAN BREMMER, PRESIDENT, EURASIA GROUP Emerging market states are undergoing a necessary maturation process. Today, political choices, not economic fundamentals, determine how (and how quickly) waking giants like China, India, Brazil, Russia, Mexico, Turkey and many others can grow.

01 August 2009

The Implications of all the Debt

PROF. DIETER HELM, UNIVERSITY OF OXFORD The causes of our present economic difficulties are many and various. But amongst them lies excess consumption, supported by excess borrowing. We have been living beyond our means.

01 May 2009

Which Countries Should Emerge Earliest (and Strongest) from the Global Recession and Why?

IAN BREMMER, PRESIDENT, EURASIA GROUP Among the major states likely to prove most resilient, China tops the list. Beijing has responded to the slowdown with a massive state spending spree and holds the resources to do plenty more. In addition, China’s vertical power structure ensures that the money can be spent more quickly and efficiently than is the case in states constrained by institutional checks and balances

01 May 2009

Quantitative Easing, Public Finances and the Recession: What Follows Next?

PROF. DIETER HELM, UNIVERSITY OF OXFORD Red ink is the order of the day across the developed economies’ public accounts. The scale of the deficits is a matter of degree, with the Anglo-Saxon economies taking the more extreme Keynesian route, and the Eurozone economies proving more constrained by the inability to reach for the devaluation option and the residual disciplines of the stability pack.

01 February 2009

Washington in the Eye of the Storm

IAN BREMMER, PRESIDENT, EURASIA GROUP When we think of large-scale state intervention in a domestic economy, it’s usually China, Russia, India or some other emerging market that we have in mind.

01 February 2009

The State and the Market: a New Settlement?

PROF. DIETER HELM, UNIVERSITY OF OXFORD In the last two decades of the twentieth century, a political revolution took place. Led by Thatcher in the UK and Reagan in the US, the economic borders of the State were rolled back.

01 February 2009

Top Global Risks for 2009

IAN BREMMER, PRESIDENT, EURASIA GROUP It’s not hard to paint a negative outlook for the coming year, given the political instabilities that such a serious global economic downturn inevitably creates.