Statistical Breakdown Threatens Telecom Reforms
An article by Johnny Munkhammar
One cause of the impressive economic development in the Nordic countries during the last two decades has been their early deregulations of the telecom market. A symbol for this has been the healthy competition between Nokia and Ericsson. We have not just seen an explosion in the supply within telecom but also 75 per cent in price cuts. The industry as a whole has been able to increase its productivity and the consumers have gained more in freedom and choice.
Germany: Civil Courage vs. Uncomfortable Facts
Thilo Sarrazin, a Bundesbank director who criticized Turkish and Arab immigrants in a recent interview, has been punished by his employer and may lose his job. Apart from receiving threats by Islamist extremists, he may also be taken to court by the German authorities on charges of “incitement to racial hatred.” For many Germans, however, the 64-year old Mr. Sarrazin, who until last May was Finance Minister in the regional government of the state of Berlin for the Social-Democrat SPD, is a hero.
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