10 years after the crisis, what do experts say?
The reality of social progress
The global economy is showing signs of recovery, and some social indicators signal progress. However, policy makers seem tempted to overinterpret these first signs.
How corporate greed constrains the global economy
Ten years since the onset of the global financial crisis, we still have a world where corporate and financial concentration, unemployment, job precarity and persistently high inequality continue to constrain the engines of inclusive growth.
A wasted crisis?
A familiar cliché tells us that a crisis is too good to waste, but a decade on from the collapse of Lehman Brothers, and subsequent multi-billion dollar taxpayer bailouts of banks around the world, it seems that is exactly what happened. The opportunities for reform offered by the 2008 financial crisis have largely been wasted.
Lessons unlearned or forgotten
As someone with a front row seat during the events leading up to the 2007-8 financial disaster that devastated consumers worldwide, I remain deeply concerned that we have failed to address the fundamental economic fissures exposed by the crisis.
©Naqi ShahidRead more