On the web: Merkel’s re-election, Japan’s foreign policy, inefficient markets, and what not to say at the UN…

by | Sep 29, 2009


– With Angela Merkel re-elected as German Chancellor, and the CDU-CSU now forming a coalition with the free-market FDP, Mary Dejevsky assesses the implications for the country’s domestic politics. Alan Posener suggests that Frau Merkel has the potential to be the new Thatcher, while Der Spiegel takes a look at the implications for forming a coherent German foreign policy.

– Staying with shifting politics, WPR assesses the potential for changes in Japan’s international outlook, particularly towards the US. The Asia Times examines the domestic machinations and their likely impact on the new government’s foreign policy priorities.

– Elsewhere, the New Yorker talks to Columbia economist, Joseph Stiglitz, about his concerns over the current economic crisis and the need to address not just market failure, but government failure too. Catch the video here. The FT’s analysis section, meanwhile, assesses the flaws in “efficient markets” theory and explores what might take its place.

– Finally, following last week’s round of summitry at the UN, complete with rhetorical flourish from Muammar al-Qaddafi, Foreign Policy has a list of “The Top 10 Craziest Things Ever Said During a UN Speech” – Qaddafi joins Castro, Khrushchev and Ortega among others.


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