The change in gross domestic product of crisis-hit countries is now almost universally positive, but GDP remains far below what might have been expected from pre-crisis trends. Photograph: Getty Images

The US and Europe still live with the legacies of the financial crisis of 2007-09 and the subsequent euro-zone crisis. Could better policies have prev(...)

Yanis Varoufakis: will talk at Kilkenomics about how the Germans  behaved while he was minister for finance

Former Greek finance minister Yanis Varoufakis is to speak at the Kilkenomics economics festival, which is taking place in Kilkenny this week. The an(...)

French president Francois Hollande walks on the Solheimajokull glacier, where the ice has receded by more than 1km, during an official visit to Iceland earlier this month. Photograph: Thibault Camus/EPA

Will the intergovernmental climate conference in Paris in December be a decisive turn in the world’s efforts to curb risks of catastrophic climate cha(...)

Bricklayers work on the external facade of an apartment building at a  brown-field regeneration residential construction site in Acton, UK

There was nothing unusual about the meeting. In the days and weeks leading up to the Budget lobbyists representing all sectors of the economy make (...)

Former greek finance Minister Yanis Varoufakis speaks during the 43rd annual Fete de la Rose political meeting last August  in Frangy-en-Bresse, France. Photograph:  Jean-Philippe Ksiazek/AFP/Getty Images

Former Greek finance minister Yanis Varoufakis will open the upcoming Kilkenomics festival, economist amd journalist David McWilliams has announced. T(...)

Migrants gaze out of a train window in Coratia. In deciding what to do, the EU must draw a distinction between refugees and immigrants. Countries have legal and moral obligations to refugees. They do not have such obligations to other immigrants. Photograph: Marko Djurica/Reuters

The last thing the EU wanted to deal with was a tide of refugees. The euro zone crisis, the struggle with Russia over Ukraine and the UK’s decision to(...)

Paper tiger money: there is a plausible, if not universally accepted, understanding that China’s growth is overstated by official statistics and may be as low as 4 per cent.  Photograph: Jason Lee/Reuters

Is a global economic recession likely? If so, what might trigger it? Willem Buiter, Citi’s chief economist and the Financial Times’ erstwhile Mavereco(...)

The US Federal Reserve building in Washington, DC.  Photograph: Getty

How close is the US Federal Reserve to normalising monetary policy? This was the question addressed by Stanley Fischer, vice-chairman, at the Jackson (...)

Incentives and innovation could be the best way to ensure carbon-free technologies are competitive with fossil fuels. Photograph: Reuters

Every silver lining has a cloud. The technologies that offer human beings comforts and opportunities that would have been unimaginable two centuries a(...)

Michael O’Leary of Ryanair: businessman is attending the 63rd Bilderberg, which takes  place near the Austrian Tyrol town of Telfs, 40km down the road from where the G7 meeting took place. Photograph: Niall Carson/PA Wire

Ryanair chief Michael O’Leary and Peter Sutherland, chairman of Goldman Sachs International, will fly the flag for Ireland at this year’s Bilderberg, (...)