International – Page 54 – Schirach Report

South Africa Does Not Grow Enough – 2% Is Nothing For A Country That Needs At Least 5% – Meanwhile Social Unrest Grows In a country with enormous income inequalities, labor unions are fighting hard to get higher wages, this way making South Africa even less competitive

By Paolo von Schirach October 28, 2013 WASHINGTON – Any Eurozone government would be ecstatic hearing a forecast of a 2%...

China Will Not Privatize State Owned Enterprises – 100,000 Companies, 50% Of The National Economy, Still Run By The State SOEs are mostly instruments of political control. However their inefficiency slows down overall growth

By Paolo von Schirach October 27, 2013 WASHINGTON – A relatively short article in Bloomberg Businessweek on China’s state-owned enterprises,...

Europe Invested Massively In Renewables Without Improving Air Quality Despite subsidized solar and wind, cheap coal and expensive natural gas mean higher emissions, and more green house gases

By Paolo von Schirach October 13, 2013 WASHINGTON – There is global warming, no doubt about it; and it is beginning...

China’s Leaders Want More Growth – But Innovation Requires Political Freedom Chinese reformesr would like to favor the private sector and get rid of state ownen corporations. But the state sector is also a power base for the elites

By Paolo von Schirach October 9, 2013 WASHINGTON – Imagine this. Imagine that not so long ago the US was an...

Italy’s Prime Minister Letta Survived, But He Cannot Govern Impossible politics and intractable economic problems make it really hard to chart a path ahead for Italy

By Paolo von Schirach October 3, 2013 WASHINGTON – In Italian politics the first order of business (and second and third) has...

Cheap Energy Makes America More Competitive Europe is losing ground. Many energy intensive industries want to relocate to the USA

By Paolo von Schirach September 30, 2013 WASHINGTON – Does cheap energy make a difference when it comes to...

Policy Makers Claim That Europe Is Finally Stable, Long Emergency Is Over – Not So Unless you believe that 12% unemployment and dismal growth are satisfactory, Europe has a long way to go. Unwillingness to consider any change to the EU membership

By Paolo von Schirach September 27, 2013 WASHINGTON – It is a sign of the times that listless Europe,...

Media Obsession With Terrorism Encourages Attention Seeking People To Engage In Terror Plots By treating political violence just like any other type of violence we would convince would be terrorists that acts of terror change nothing. This might deter at least some of them from plotting

WASHINGTON – The real problem with terrorists is that, whatever their “cause” and declared “goals”, deep down they are mostly attention...

If Solar Power Became Affordable, Developing Countries Would Be Transformed Lack of electricity is the main barrier to development. Building power plants and transmission lines is very expensive. Solar would generate power even in remote villages

WASHINGTON – When it comes to electric power generation and distribution, in developed countries we are used to this...

China’s Challenges: Lower Growth And An Environmental Crisis The old "cheap labor" economic model does not work anymore. Meanwhile the country will have to fix the disasters caused by past break-neck growth. A huge agenda for policy-makers

By Paolo von Schirach September 17, 2013 WASHINGTON – The gravity-defying Chinese economic growth model is not working anymore....

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