Suddenly it seems that emerging-market economies have gained a respite. Capital flows to these economies dried up in the second half of last year as the US Federal Reserve raised its policy rate for five consecutive quarters and shrank its balance sheet.
What would have to happen for this to be a tranquil year economically, financially, and politically? Answer: a short list of threats to stability would have to be averted.
US President Donald Trump's erratic unilateralism represents nothing less than abdication of global economic and political leadership.
Probably the question most frequently asked of international economists these days is: “Are we seeing the start of a trade war?” This is not a question that admits of a simple yes-or-no answer. In contrast to a shooting war, there's no government declaration to mark the official outbreak of hostilities. Tariffs have been raised and lowered throughout history, for reasons both good and bad.
A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:
Robots, machine learning, and artificial intelligence promise to change fundamentally the nature of work. Everyone knows this.
On November 11, 1997, the Bank of England took a big step toward independence, courtesy of the second reading in the House of Commons of a bill amending the Bank Act of 1946. The bill gave legislative affirmation to the decision,
The Brexit debate is an endless source of mirth for anyone with a dark sense of humour. My own favourite quote is from Michael Gove, currently Britain's environment secretary.
Suddenly it seems that emerging-market economies have gained a respite. Capital flows to these economies dried up in the second half of last year as the US Federal Reserve raised its policy rate for five consecutive quarters and shrank its balance sheet.
What would have to happen for this to be a tranquil year economically, financially, and politically? Answer: a short list of threats to stability would have to be averted.
US President Donald Trump's erratic unilateralism represents nothing less than abdication of global economic and political leadership.
Probably the question most frequently asked of international economists these days is: “Are we seeing the start of a trade war?” This is not a question that admits of a simple yes-or-no answer. In contrast to a shooting war, there's no government declaration to mark the official outbreak of hostilities. Tariffs have been raised and lowered throughout history, for reasons both good and bad.
A sunny day is the best time to check whether the roof is watertight. For economic policymakers, the proverbial sunny day has arrived:
Robots, machine learning, and artificial intelligence promise to change fundamentally the nature of work. Everyone knows this.
On November 11, 1997, the Bank of England took a big step toward independence, courtesy of the second reading in the House of Commons of a bill amending the Bank Act of 1946. The bill gave legislative affirmation to the decision,
The Brexit debate is an endless source of mirth for anyone with a dark sense of humour. My own favourite quote is from Michael Gove, currently Britain's environment secretary.
This month marks the 20th anniversary of the Asian financial crisis—or, more precisely, of the event that triggered the crisis: the devaluation of Thailand's baht.
US President Donald Trump, with the help of a Republican-controlled Congress, is undermining many of the fundamental values that Americans hold dear.
