A Good Question To Ask
What do the 2,400 people who work for the International Monetary Fund (IMF) actually do? Read Here – Brookings
Category: Global Economy
Is BRICs For Real?
Will BRICS create a framework that is as democratic in sharing governance space with other investors and stakeholders? This will be something to watch for as the systems and structures evolve. The notion that the NDB has been “Shanghai-ed” is perhaps a shallow understanding of this exciting new initiative. Read Here – The Hindu
The $100 Trillion Whammy
The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates. Read Here – Bloomberg
Genteel Warriors
Central banking isn’t a contact sport like football, or even cricket. But the head of India’s central bank, who until recently was living and working in the U.S., is throwing some sharp elbows at his counterparts at the Federal Reserve. This is as close to a brawl as you’re likely to see in the genteel […]
World’s 85 Richest = 3.5 Billion Poorest
The poorest half of the world’s population—that’s 3.5 billion people—control as much wealth as the richest 85 individuals! Read Here – Businessweek
Shifting Sands
As 2013 comes to a close, efforts to revive growth in the world’s most influential economies – with the exception of the Eurozone – are having a beneficial effect worldwide. All of the looming problems for the global economy are political in character. Read Here – Project Syndicate
World On Track For Growth
The world economy is primed for its fastest expansion in four years, with the U.S. propelling the improvement in output. Read Here – Bloomberg
Oops…Watch Out For Those Taxes
Between 2008 and 2012, several of the developed world‘s most fiscally challenged nations (including the United Kingdom, Ireland and Spain) increased top personal income tax rates by an average of 8%. In the United States, the expiration of the Bush tax cuts pushed the highest federal income tax bracket to 39.6% from 35%. Read Here […]
The New New Thing
It is the new new normal: a way to describe the persistent state of subpar economic growth plaguing developed nations. Read Here – Bloomberg
Globalization Reversing?
Is globalization running out of steam? A new study shows that cross-border investment and trade flows declined worldwide in 2012, ending a two-year recovery after the global financial crisis. Read Here – BusinessWeek See the study here
looking beyond borders 