China’s economic growth over the last decade has been spectacular and Australia has been a beneficiary of this growth in terms of China’s demand for resources and the strength of Chinese exports. Pundits even suggest that Australia avoided the global recession as a result of this...

In the 2006 Italian election campaign, then Prime Minister Silvio Berlusconi popularised a widely held view about the negative role of the euro for the Italian economy. This view had initially originated with the secessionist Northern Leagues. More recently, it had come to reflect the view of...