World’s second-largest economy is expected to have ‘significantly higher’ GDP growth potential than the United States in the coming years, but demographic factors such as its rapidly ageing population could keep China’s potential growth rate below that of its Asian peers such as India and the Philippines. Read More Here
Misguided policies in China and Europe have compounded the effects of supply-chain disruptions and the war in Ukraine, thus putting an end to the global recovery from the COVID-19 pandemic. Read More Here
Given its favourable demography, democratic polity, and large and diversified economy, India can in principle grow at 7% or higher for years to come. But the only route to such growth that remains open runs through structural reforms that the government has taken off the table. Read More Here
For decades, relative global stability, sound economic-policy management, and the steady expansion of trade to and from emerging markets combined to keep costs down. But now all these conditions have been overturned, and the world is settling into a dangerous and destabilizing new regime. Read More Here
For all the worries today about the explosion of inequality in rich countries, the last few decades have been remarkably good for the world’s poor. Between 1980 and 2016, the average income of the bottom 50 percent of earners nearly doubled, as this group captured 12 percent of the growth in global GDP. Read Here […]
Given the failures to foresee the 2008 financial crisis and subsequent weak recovery, it is easy to think that economists have little to offer in the way of predictions. But when it comes to national-level GDP growth, past projections have largely been borne out; even when wrong, they can be used to diagnose structural problems. […]
The Chinese economy slowed further in the fourth quarter, matching its lowest recorded reading, last reached during the global financial crisis in 2009. The fourth quarter growth rate of 6.4 per cent, year on year, matched that of the first quarter of 2009, according to data released Monday by the National Bureau of Statistics. That was the […]
Central bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens. Compounding the riddle, question marks are now emerging over the one part of the global inflation picture that had been moving higher — producer prices. Read […]
As the rest of Eurasia slides further into crisis, the only thing getting in India’s way is India. Read Here – Geopolitical Futures
The only way China can hope to prevent the looming environmental disaster lurking behind its current economic difficulties is embracing deindustrialization and a much lower growth model than it has had until now. That’s bad news for the developed and developing world alike. Read Here – The National Interest
looking beyond borders 