We live in an advanced form of what the US economist Hyman Minsky had termed ‘money manager capitalism’ 25 years ago. Today, the dominant role played by the captains of industry in the area of industrial capitalism falls to the money managers in charge of hedge funds and pension funds. By identifying this new incarnation […]
institutional reforms
The Communication on EU-enlargement policy presented by the European Commission on 6 October is encouraging for the countries of the Western Balkans. Together with the EC’s Economic and Investment Plan for the Western Balkans and the Covid-19 recovery plan, it shows a great deal of goodwill. The country reports consist of concrete analyses based on […]