Politics Behind Financial Institutions
To remain competitive, modern economies need to establish banking systems capable of providing stable access to credit to talented entrepreneurs and responsible households. Read Here – Foreign Affairs
Category: Global Economy
In Dollar We Believe
Since 1976, the US dollar’s role as an international currency has been slowly waning. International use of the dollar to hold foreign-exchange reserves, denominate financial transactions, invoice trade, and as a vehicle in currency markets is below its level during the heyday of the Bretton Woods era, from 1945 to 1971. But most people would […]
Never Saw It Coming?
The demise of Bear Stearns was the beginning of a six-month erosion in global financial stability that would culminate with the failure of Lehman Brothers on September 15, 2008, triggering possibly the greatest financial crisis in history. To be sure, the Great Depression of the 1930s involved a far greater collapse in economic activity. But […]
Need For A New Global Tonic
Not so long ago, the twin forces of technology and economic liberalisation seemed destined to drive ever greater volumes of capital, goods and people across borders. When the global financial crisis erupted in 2008, that hubris was replaced by fears of a replay of the 1930s. Read Here – The Economist
Is Something Bigger Than Lehman Around The Corner?
Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever […]
The Changing World
And what’s happening in the world today? Are the issues facing us changing, or are they the same the world battled with a decade ago? There are some surprises ahead. Here are are the 10 stealth economic trends that are impacting our world today. Read Here – The Atlantic
Price Vs Value: The Long Battle
Throughout the history of capitalism, economic bubbles have been commonplace. They have emerged wherever liquid financial markets exist. The range challenges the imagination: from the iconic tulip bulb bubble, to gold and silver mining bubbles, to bubbles around the debt of newly established countries of unknowable wealth, to — again and again — real estate […]
Global Economy Reaches Decision Time
In the coming months, highly consequential policy decisions (or their absence) in systemically critical parts of the global economy will be revealed, with significant effects on growth rates, asset prices, and overall confidence. Read Here – Project Syndicate
The BRIC Breakdown
Is the decade-long BRIC dream over? Bloomberg reports that capital flight from Brazil, Russia, India, and China has sent their bonds, currencies, and stocks down together for the first time since 2006. Read Here – Businessweek
IMF Scares With Global Slowdown Warning
World economic growth will struggle to accelerate this year as a U.S. expansion weakens,China’s economy levels off and Europe’s recession deepens, the International Monetary Fund said. Read Here – Bloomberg
looking beyond borders 