Thoughts of the day

1. No wonder France is deporting the Roma. How could a country of 60 million people possibly cope with 15,000 Roma migrants?

Interesting article in the New York Times on how the Roma are testing the EU’s open borders policy.

2. Vince Cable says the UK government’s immigration cap is costing jobs and harming the fragile recovery. His honesty is welcome, but now it’s time to do something about it. Otherwise, what’s the point of being in government?

3. The Guardian claims the coalition is to review right-to-buy policy for council homes. Sounds like pre-LibDem conference spin to me.

4. Indonesia defaulted on its debts just over a decade ago yet it can borrow more cheaply than Spain. An emerging market bubble?

5.  Why emerging economies should follow Taiwan’s example and use capital controls to stem hot money flows 

East Asia’s dynamic economies could stabilise carbon emissions by 2025

China and the next five largest energy-consuming countries in East Asia could stabilise their greenhouse gas emissions by 2025 without compromising growth, according to a major new World Bank report.

The report, Winds of Change: East Asia’s Sustainable Energy Future, says that an extra investment of $80bn per year – or an average of 0.8% of regional GDP – in energy efficiency and renewables capacity could result in greenhouse-gas emissions in China, Indonesia, Malaysia, the Philippines, Thailand and Vietnam peaking within 15 years.

Hat tip: BusinessGreen (via ViewsFlow)