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World Watch

Insight on what's happening beyond the United States.
The Hayek Effect: The Political Consequences of Planned Austerity Lee Harris 05/17/2012
Why the political revolt in Greece may not be a fluke, but a harbinger of more revolts to come.
Europe’s Future on the Ballot Desmond Lachman 05/01/2012
Depending on what happens this weekend, Europe should start bracing itself for a renewed intensification of its sovereign debt crisis.
The Next and More Serious Phase of the European Crisis Desmond Lachman 04/23/2012
Two upcoming political events could usher in a new, worse phase of the European debt crisis.
The EU’s Emissions Trading System: Trouble in Paradise Thomas A. Hemphill 04/19/2012
The bloom is fading from the rose.
The First Carbon Trade War? Claude Barfield 04/18/2012
Europe vs. the rest of the world.
About Those Better Roads in China Ike Brannon and Matt Thoman 04/18/2012
The president takes it as a given that Chinese infrastructure is better than America’s; the reality is otherwise.
Searching for Gorbachev in Caracas Jay Hallen 04/05/2012
The Bolivarian Revolution risks breaking to pieces. With each passing day, Caracas more closely resembles Moscow circa 1991.
Europe’s Financial Maginot Line Desmond Lachman 04/03/2012
Europe’s proposed financial firewall around Spain and Italy will likely prove as effective in protecting those countries from another market onslaught as was the Maginot Line in protecting France from Germany.
Time for Greece to Leave the Euro Desmond Lachman 03/20/2012
It is difficult to overstate how badly the Greeks were misled by the IMF and EU. Greece’s only path forward is to reintroduce its own currency.
The Toxic Transition in Venezuela Roger Noriega 03/19/2012
If a narco-state or violent crackdown emerges in Venezuela, the White House will no longer be able to avert its attention from the mess or to ‘lead from behind.’
 
AEI