Since World War II, Germany has preferred to stay out of international leadership roles. But the eurocrisis has put the country at Europe's head – with all the criticism that entails.
Japan and Germany each announced goals last week to put more women in top company slots. Yet their approaches differ. And new research indicates gender qualities can't be stereotyped according to sexual differences. This suggests official bias based on sex could be misplaced.
In an interview, the former president of Chile, Ricardo Lagos, says that today’s global financial crisis is mainly a political failure rather than an economic one. The US will probably do much better in its financial recovery because its central bank, unlike Europe’s, has the powers it needs.
The enforced austerity of the eurozone crisis has roused surprising public anger. European governments are falling. The US need not follow this path if Washington finds a consensus over fiscal issues like 'the sequester.'