By 2022—and probably sooner—India will overtake China to become the world’s most populous state, a status the latter has held for at least three centuries and perhaps for all recorded history. And once the Chinese nation loses its demographic crown, it will fall fast. The country’s population will peak in 2028 according to the UN’s “World […]
The problem is that China’s recent slowdown from 10 percent annual growth to about 7 percent is only the beginning. The recent drops in housing and stock prices are harbingers of a further economic moderation. That is inevitable, since no country can grow at a breakneck pace forever. And with the slowing of China, Brazil […]
In China, the invisible hand of the market sometimes needs help from the iron fist of the state. That’s certainly true after a meltdown vaporized $3.5 trillion in the value of shares traded on the Shanghai and Shenzhen exchanges. Read Here – Bloomberg China Tries Japan’s Approach to a Stock Bubble – Bloomberg View
The scariest quote for the world economy this week came from a member of the European Central Bank’s executive board. Asked by Eurogroup President Jeroen Dijsselbloem whether Greek banks would open Friday, his answer was stark: “Tomorrow, yes. Monday, I don’t know,” replied Benoit Coeure. Read Here – The Atlantic
During the financial crisis, when the global economy faced its gravest threat since the 1930s, policymakers sprang into action. To stimulate the economy, central banks slashed interest rates and politicians spent lavishly. As a result, the recession, though bad, was far less severe than the Depression. Unfortunately, however, that quick response nearly exhausted governments’ economic arsenals. […]
A perfect storm is brewing this summer for emerging markets, and it could hit hard in September. Read Here – CNN Money
Read Here – The Wall Street Journal 5 Gaps That Define India-China Relationship
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
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
looking beyond borders 