World Bank Says Concern Growing Over Emerging Markets
A perfect storm is brewing this summer for emerging markets, and it could hit hard in September. Read Here – CNN Money
Category: Global Economy
Americans Buy A Fifth Of China’s Exports
Americans bought almost $1 out of every $5 worth of goods that China exported in May, the highest share since August 2010. While Chinese shipments to trading partners including Japan, Europe and South Korea tumbled last month from a year ago, those to the U.S. climbed 7.8 percent. That helped make America the destination for 18.8 […]
Building The New Silk Road
More than two thousand years ago, China’s Han Dynasty launched the Silk Road, a sprawling network of commerce that linked South and Central Asia with the Middle East and Europe. Today, the idea of a “New Silk Road,” an intertwined set of economic integration initiatives seeking to link East and Central Asia, has taken hold […]
Asian Multinationals — The Italian Job
When it comes to Asian companies investing abroad, Italy has traditionally been a rather neglected destination. Asian companies remained spooked by the weakness of the Italian investment climate after decades of red tape and political interference. As a result there are no large Japanese or South Korean plants in car-making and consumer electronics. These companies […]
Chimerica in Decline?
The term “Chimerica” has been the epitome of the wishful thinking of liberal intellectuals around the world who deterministically infer that U.S. and Chinese economic interdependence ensures a peaceful hegemonic transition. According to this argument, as both Washington and Beijing engage in a positive sum economic relationship and enhance their material position ad infinitum, the […]
When The Predictions Turned Out Right
An evergreen joke among speakers at the World Economic Forum’s annual meeting in Davos warns against making predictions. Whatever you say, the punchline goes, will be proven wrong. Read Here – BusinessWeek
Man-Made Stagnation
The near-global stagnation witnessed in 2014 is man-made. It is the result of politics and policies in several major economies – politics and policies that choked off demand. In the absence of demand, investment and jobs will fail to materialize. It is that simple. Read Here – Project Syndicate
Global Economic Outlook In 2015 – Not Very Different From This Year
Businessweek takes a look at what to expect next year
Global Economy Three Engines Down
The global economy is like a jetliner that needs all of its engines operational to take off and steer clear of clouds and storms. Unfortunately, only one of its four engines is functioning properly: the Anglosphere (the United States and its close cousin, the United Kingdom). Read Here – Project Syndicate
looking beyond borders 