Some blame government for crises, others the free market. Both groups are wrong, argues Alex J. Pollock, an American philosopher of economics.
Neither Brexit nor the election of Donald Trump nor the sealing of EU borders will result in a retreat from globalization. Free trade and international investments are flourishing, says Professor Douglas A. Irwin.
Reforming the obsolete understanding of private property would combat inequality without harming economic growth, says Professor Eric Posner.
“Banks have to start taking new technologies seriously and realize that people need banking services and not banks,” says Brett King, a specialist in new technologies in banking.
Globalization cannot be stopped, but we should approach it in a rational manner, acknowledging that capital has a nationality, says Sándor Gyula Nagy, an economist from the Corvinus University in Budapest.
The EU as an economy is lagging behind because its competitiveness is falling, for example compared with China, believes Stefano da Empoli, the head of the Institute for Competitiveness in Rome.
Russia's President, Vladimir Putin does not care about the economy, says Andrei Illarionov, economist, expert of the think tank, the Cato Institute, and a former economic advisor to the President of Russia.
Protectionism is a way to obtain independence and GDP growth should not be the main objective that we should be pursuing now, says Ferenc Almássy, the creator of the portal Visegard Post.
Ukraine is plagued by numerous problems, but corruption breeds the biggest one of all – the crisis of confidence, says Aivaras Abromavicius, former Ukrainian Minister of the Economy.
Poles living abroad could help build a Polish Silicon Valley, says Maria Olsson, a Polish businesswoman and scientist based in Sweden. In fact, a plan is already in place.