Corporate Governance Reform

The Green Paper serves a useful purpose. It shows that the Government is aware of the dramatic change that has taken place in the amount and way that senior management are paid with the arrival of the bonus culture. It also shows that the Government is unaware how...

US Economic Policy

Following the US election we are likely to see a large fiscal stimulus. This has support from many Republicans and many Democrats, but in each case it is based on a different set of expectations. Both groups hope that fiscal stimulus will pay for itself through...

Getting the economy going

Intercontinental Finance, Issue 127/14, 1st September 2014 Invest in management incentives and secular stagnation The last financial crisis, like those which followed the 1929 crash in the US and 1989 crash in Japan, was caused by excess debt, with the trigger...