Der Untertitel sagt treffend, worum es im neuen Buch des ehemaligen IBM-Deutschland-Chefs und Präsidenten des BDI und der Leibniz-Gemeinschaft geht, um das Versagen von Wirtschaft und Politik. "Henkels kompromisslose Analyse zeigt, dass die herkömmlichen Erklärungsmuster nicht greifen:...

Several European countries face challenges reminiscent of those faced by the emerging economies of Latin America. The economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and then the busts including Sudden Stops in capital...

The financial crisis that has been wreaking havoc in markets across the world since August 2007 had its origins in an asset price bubble that interacted with new kinds of financial innovations that masked risk; with companies that failed to follow their own risk management procedures; and with...