Larry Elliott
latest news & developmentsIMF cuts growth forecasts as global economic expansion slows
Global economic growth rates will fall this year, with the International Monetary Fund revising down its forecasts for 2013 and 2014 accordingly.
Central banks go for bust
There have been only a handful of occasions when a decline has been seen equivalent to the May 22 sell-off in Tokyo.
Time to ditch the euro
The dismal failure of Europe’s monetary union means it should be abandoned to save countries.
The miracle economy is a misnomer
Germany is not just Europe’s biggest economy and the message from the eurozone’s paymaster is simple: if we can do it, so can you.
Euro dither aggravates UK recovery
Investment remains on hold as the outlook for the global economy worsens and national debt rises, writes Phillip Inman and Larry Elliott.
Aid to Africa dwindles as euro crisis rages on
Figures from the advocacy group One indicated that Europe had failed to meet pledges made at the Gleneagles G8 summit in 2005.
Europe’s leaders urged to opt for growth
Europe’s leaders met on Wednesday for crisis talks to rescue the euro amid a warning from the West’s leading economic think-tank.
US economy key to re-election for Obama
The worst of the recession is over, unemployment is on the right path, decisive action has been taken on a foreign field but Obama is still lost.
Divided they fall as storm gets worse
One of the biggest risks for the eurozone has to be the lack of a cohesive vision in the financial institutions’ various proposals.
Bailout just prolongs Greek agony
The deal hammered out by eurozone ministers is by no means the end of the tragedy as Greece’s future still looks dismal.
One in three workers live in poverty
World needs to create almost 600-million jobs in order to tackle unemployment caused by recession.
Are we really heading for a second Great Depression?
The IMF’s Christine Lagarde is right to worry about potential economic doomsday scenarios but the Europe of 2011 is different to that of the 1930s.
Economy of the living dead
Sticking-plaster solutions have got us nowhere and a question mark hangs over the way forward, writes <b>Larry Elliott</b>.
Ireland may be Europe’s only hope
Ireland was the Icarus economy. An export sector that does not rely on banks for funding has managed to keep the economy afloat.
Euro: The naysayers were right
Back in the early part of the past decade, the <i>Guardian</i> held an internal debate about whether Britain should join the euro, then a live issue.