World economy


Global companies in India: what makes them salivate?

BANGALORE | By Srikanth Vasuraj | As U.S. president Barack Obama recently stated on Twitter, “India is not simply emerging. It has emerged”. Whilst China is considered the world’s largest market because of its population, India is still a preferred destination because of the size of its consumer market and ease of doing business.


Mexico must cut oil dependency

BARCELONA | By CaixaBank research team | In order to be effective, pending reforms in Mexico should make public revenue less dependent on oil, such as by eliminating income tax deductions.




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Interbank tensions in China

BARCELONA | By CaixaBank research team | The credit provided by China’s financial system has grown at a very fast rate over the last few years, particularly in its so-called shadow banking system.



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Don’t always blame austerity

SAO PAULO | By Marcus Nunes | Some economists make the now conventional mistake of ascribing the 1937-38 recession to “austerity”. It was a classic monetary tightening (gold sterilization mostly) induced recession.



Free trade versus single market

PRAGUE | The EU-US trade deal will bring benefits to both sides, but will pose challenges to the internal trade for both sides, plus harm the economies of other countries, writes Martin Tlapa following the publication of a report by the Bertelsmann Foundation.