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Advice to the Prime Minister/President

November 19th, 2015 (0)
Your country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists. PM: You two economists have different views on what our economic ...

Asian Stocks Gain With Oil as Dollar Falls on Dovish Fed Minutes

November 19th, 2015 (0)
Topix holds gains as Bank of Japan leaves policy unchanged Euro, ringgit rally as Fed signals tightening will be gradual Stocks rallied across Asia after U.S. Federal Reserve meeting minutes reaffirmed policy makers’ faith in the world’s biggest economy ...

The declining interest rate cap

November 17th, 2015 (0)
Believe it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part they just assume that an interest rate is the cost of money, the price of ...

Terrorism, Climate Rift, Putin-Obama and Merkel: The G-20 So Far

November 16th, 2015 (0)
World leaders’ meeting in Turkey overshadowed by Paris attacks Official agenda turns to economic growth, finance and jobs Group of 20 leaders gather on Monday for a second day of talks in Turkey, yet the world’s eyes remain on Paris. ...

Even Small, Well-Run Countries Can’t Escape The Currency War

November 13th, 2015 (0)
    The old saying “When elephants fight, the grass gets trampled” captures perfectly the dilemma of the world’s non-superpowers. From Brazil to Thailand to non-eurozone Europe, the currency war raging between the leading economies is creating collateral damage. ...

Greece: Now the crisis threatens to erupt again – Creditors withhold some €12 billion in funds promised

November 12th, 2015 (0)
Greece’s Quiet Crisis Support for supply-side reforms remains as elusive as ever Maybe Athens can’t help itself. No sooner had Alexis Tsipras’s government agreed to a last-minute deal to save the Greek economy from collapse than it began backsliding ...

Asian shares rangebound amid gloomy oil outlook

November 12th, 2015 (0)
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...

Asian stocks mixed after China data deluge

November 11th, 2015 (0)
Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier period, in line with expectations, slightly coming down from the ...

How the Unshackled Ruble Has Changed Russia’s Economy Forever

November 10th, 2015 (0)
The weaker currency has hit consumers hard but helped oil producers Today marks the one-year anniversary of the freeing of the ruble for the first time in its post-Soviet history. In five charts, we show how the central bank’s ...

Asia Pacific stock markets continue slide as Chinese inflation weakens

November 10th, 2015 (0)
Investors have taken fright at the prospect that the US Fed could raise interest rates at the point when China is experiencing persistently weak demand Stock markets in Asia Pacific have continued to slide as the spectre of higher borrowing ...
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