Last Tuesday it was announced that Kodak has emerged from reorganization procedure Chapter 11. Kodak no longer is bankrupt and is ready for the future. What happened in the early days of Kodak? A brief historic account and 11 entrepreneurship lessons.
Complex financial markets and institutions contain systemic risks that can cause crises and undermine trust. Regulators usually respond to failures with additional regulations. Regulations have become very complex too. Do they reduce or add to complexity?
The two largest economies in the world agreed to bring their economic relationship to a higher level. This may benefit them, but what will it do to the international economic cooperation in the World Trade Organization?
Banks criticize additional capital requirements because they can be detrimental to GDP growth due to higher cost of credit. This vision contradicts a fundamental proposition of financial theory. To a more balanced (complexity) view of Basel III.
In the public debate on tax evasion and the role of the Netherlands, the Dutch cabinet now publicly supports multilateral initiatives on tax and development and is considering renegotiating tax treaties with developing countries.