Borrowing was both the shaky foundation of global growth and the cause of its collapse. It started with a bust and it ended with an even bigger bust. In between was sandwiched an unsustainable boom. Banks have been humbled. Economists have been found wanting. Geopolitical power began to shift from west to east. That was the noughties that was. It barely seems five minutes ago that policymakers were fretting about the...

Imagine that the climate summit conference in Copenhagen this weekend was not a gathering of nations. Imagine a gathering of delegates from the many ages of a single nation. The fault lines would not be India and China versus the global rich, but rather China 1800 versus China 1978 versus China 2100. It would be a negotiation not between different lands but between different historical facts, different levels of survivalism....

The outcome of the historic climate change negotiations in Copenhagen hinges on the issues of emissions reductions and financing, Secretary-General Ban Ki-moon said today as he urged world leaders to use the final days of the talks to strike an ambitious new agreement. The Nobel Peace Prize-winning Intergovernmental Panel on Climate Change (IPCC) has found that to stave off the worst effects of climate change, industrialized countries must slash greenhouse...

I have just returned after performing at the climate circus in Copenhagen. Like all sensible columnists, I will reserve my remarks on why the outcome was entirely predictable, till after the event! But as I attended this meeting of the Conference of Parties (COP) of the Climate Convention (UNFCCC) after a gap of some six years, a snapshot comparison of then and now may be more useful. The UNFCCC process started...

  A new report by Save the Children, a global child rights organization, says that climate change is the biggest global health threat to children in the 21st century. Titled Feeling the Heat: Child Survival in a Changing Climate (2009), published in advance of the UN Climate Change Conference in Copenhagen in December 2009, the report examines the vulnerabilities regarding climate change and identifies the adaptation measures that can be taken...