Best business reporting from abroad in magazines
Award Year: 1995
Award Name: The Morton Frank Award 1995 (shared)
Recipient: Bill Powell, Marcus Mabry, Theresa Waldrop, and team (shared with Pete Engardio, Dexter Roberts and Bruce Einhorn)
Affiliation: Newsweek
Honored Work: “End of the Good Life”
“End of the Good Life” is an insightful examination of the clash between European governments’ budgetary austerity and citizens’ widespread sense of entitlement. It is clear that Europe can no longer afford generous benefits for everyone. This provocative cover story and the accompanying sidebars combine an analysis of the economic forces with the human face of Europe’s economic and social dilemma.
Citation for Excellence:
Paul Klebnikov
Forbes
“Russia on the Pacific”