This commentary was co-authored by Philippa Dunne (The Liscio Report) and David Kotok (Cumberland Advisors). It reflects their personal views. A saga unfolds. First, snippets of online news, followed by TV images and “breaking news” reports. “Another one,” she thinks. “Ugh!” he exclaims, “madness! Why? What is the matter with these people?” Two thousand miles […]
Banks, insurers, businesses and European Union (EU) agencies based in the UK are accelerating their moves to assure full access in the EU, the world’s largest financial-economic area.
The Global Interdependence Center’s partner in The Bottom Line of Disabilities series, Columbus Community Center, was awarded a subgrant to participate in a Pay for Success (PFS) feasibility program by the Sorenson Impact Center at the University of Utah’s David Eccles School of Business. GIC congratulates Columbus on this award! Read the full press […]
GIC board member J. Paul Horne shares his comments on implications of the first round of France’s presidential election on 23 April and the likely, but not certain, outcome of the run-off between Macron and Le Pen on 7 May. The report was published by The European Institute, a Washington-based think tank promoting trans-Atlantic relations that […]
GIC board member Terry Cooke, Founder of the China Partnership of Greater Philadelphia, wrote an industry news column for the Philadelphia Business Journal, titled “The Mar-a-lago meetings: Trump, China and – yes – Philadelphia.” As President Donald Trump prepares to meet with President Xi Jinping for the first time this week, the world is watching closely. […]
This is a BBC report about US-Canada trade and transit: bbc.com/news/world-us-canada-39449515. Behaviors have consequences, and that is true even among the best of friends. It is safe to assert that the US-Canada nation-state relationship is one of the very strongest the US has. The two countries maintain a 3000-mile border and have been allies […]
Standing where I stood to snap the photograph, a casual observer wouldn’t particularly notice the structure or reflect on its history. The tourist’s eye is attracted instead to the jungle’s green canopy, the swirling waters of the river, or monkeys and a toucan. There are no markings now on this vacant building(cumber.com/wp-content/uploads/2017/03/IMG_0487.jpg). It was originally […]
As our 40th anniversary year draws to a close, I wanted to share some travel highlights of GIC’s international destinations beyond those that took place in 2016. My first opportunity to manage a program abroad took place in June 2010, during our events in Prague and Paris. For the first time, I was able to […]
“Unsustainable things continue until they stop.” That is how Herb Stein answered Richard Nixon when Nixon asked about economic timing. The financial and economic construction of the EU and the eurozone has now reached the realm of the unsustainable. Something has to give as the boundaries of policy are stretched toward their outer limits while […]
GIC’s 2016 Frederick Heldring awardee, Catherine L. Mann of the OECD, writes: “The role of fiscal policy has been at the heart of the policy debate since the financial crisis. With the global economy stuck in a low-growth trap and monetary policy overburdened, it is time to re-assess the use of fiscal policy levers. Government interest payments […]
“Destiny is not a matter of chance; it is a matter of choice. It is not a thing to be waited for; it is a thing to be achieved” – William Jennings Bryan, 1899 (Democratic candidate for president in 1896, 1900, and 1908) William Jennings Bryan was never elected president, losing to William […]
Business Insider has compiled a colorful depiction of the largest debtor countries in the world. Here is the link: http://www.businessinsider.com/wef-countries-with-highest-level-of-government-debt-vs-gdp-2015-10. Does debt to GDP mean anything? The answer is maybe. And perhaps the second part of that answer is that it means a huge economic burden if there is intent to pay the debt back. […]
‘…then you’re lucky enough,’ as the saying goes. Having grown up in a proud Irish household, with ancestors stemming from County Mayo and County Meath, I was pretty excited to plan GIC’s conference in Dublin. Our program in Ireland, held September 28-30, was the seventh out of our eight international events held in celebration of GIC’s 40th Anniversary in 2016, with the final event taking place in Madrid the following week on October 2-4.
