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Stepczynski, Marian

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4 articles of this author have been cited in the European Press Review so far.

La Tribune de Genève - Switzerland | 16/03/2015

Swiss will beg to join the euro

The Swiss export bureau Global Enterprise has put out a list of five tips for Swiss small and medium-sized businesses on how to export despite the strong franc. Instead of lamenting the decision to unpeg the franc from the euro, Swiss entrepreneurs should campaign to join the Eurozone, the liberal-conservative daily Tribune de Genève believes: "Defending a pegged exchange rate while wanting to remain permanently independent - rather than just adopting our partner's currency - is simply repeating on the currency level what we did on the political level, namely using bilateral agreements to reproduce everything that joining Europe would bring with it. Join? Never! those who still make up the majority call out. But when people start feeling the true cost of this in their purses such resistance will become a thing of the past."

La Tribune de Genève - Switzerland | 14/07/2008

Small is beautiful - big is better

The Tribune de Genève comments on the poor showings of traditional Swiss businesses on the stock market: "Just as the price of fuel and empty tills caused Swissair to crash, so now rising interest rates and the real estate crisis are ruining UBS Bank. ... On the one hand we have these dramatic developments. On the other, it is clear that the Swiss identity is becoming increasingly eroded with the advent of European unification and globalisation. For nostalgics this may be alarming, but it gives hope to the young generation. ... The true Switzerland will continue to be distinguished by its territory, its diligent inhabitants, its expert knowledge, its culture, its long tradition of peace and its customary hospitality. Our country has a lot going for it, but in the context of international competition where size is everything, it is no longer sufficient to allow a country to dominate the market. Small is still beautiful, but from now on the key word is big."

La Tribune de Genève - Switzerland | 14/04/2008

Should financial markets be more closely regulated ?

Finance ministers and central bank governors of the International Monetary Fund and World Bank member countries delivered their evaluation of the international financial situation this weekend, "to ensure that light is shed on the magnitude of the financial disaster provoked by the subprime loan crisis in the American market," writes Marian Stepcynski. "Because it becomes intolerable to sit by, day after day, watching an ever-growing bill that never seems to be final. ... It would be wrong, and totally counter-productive, to restrain the banking and financial sector's ability to manoeuvre because the economy as a whole, and growth quite simply, depends on it. On the other hand, it is time to break the asymmetry of a system that, via large bonuses, encourages intensive risk taking without any serious threat of sanctions in the very probable case that the craziest wagers are lost."

La Tribune de Genève - Switzerland | 27/12/2006

Marian Stepczynski on new forms of sharing

"The theme of the end of work, or more precisely the end of work as a main source of income, no doubt has quite a future ahead of it", reveals the economic chronicler Marian Stepczynski. "Between free work Jeremy Rifkin-style (voluntary work, New Work) and the economy of gratuitousness as suggested by Jacques Attali, there is room for all sorts of sharing. .... There is nothing to stop us from thinking that the forms of work that belong to our ageing societies will not be the same as those we are used to. The return to a more local economy - paradoxically favoured by the web and the globalisation of exchanges - could for example lead to renewed forms of mutual-aid between generations, adults helping the aged, the aged looking after children, the healthy looking after the ill, within demonetarised circuits of exchange."

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