After two decades of relative decline, decision makers in Tokyo need to tackle serious reforms to boost Japan’s economic system. This is the first part of a series published by The Fair Observer perusing the country’s economic challenges.
Nine media outlets write a letter to Mitt Romney campaign challenging the exorbitant bills they had to pay in order to follow the Republican candidate before the US election
What would you say the main drivers of the economy this year have been? When it comes to the US, experts point out to the euro turmoil
BARCELONA | by CaixaBank research | Crucial countries such as China and Brazil are already starting to see evidence of their economies speeding up. On the other hand, most emerging countries have steadily strengthened their economic systems, spreading structural reforms, liberalizing markets and keeping a close eye on the solidity of financial institutions.
NEW YORK | There was a time when entrepreneurs innovated and capitalism was mainly creative. And that is finished, according to Edmund Phelphs. Inspiring behavior has been suffocated by several years of Keynesianism and new Corporatism.
BEIJING | Besides the scientific approach to development, Chinese must be able to enjoy welfare to achieve a moderately prosperous society.
By CaixaBank Research | Emerging Europe continues to present two very different faces: while it has been going through a relatively calm time since the summer in terms of the financial stress resulting from the euro area’s sovereign debt crisis, the trend in data for activity has yet to improve to any notable extent.
In the fall of 2008, the collapse of the Icelandic banking system sent thousands of promising young Icelanders into unemployment. Today, Iceland’s Generation Y is turning to entrepreneurship to dig out from under the country’s financial crisis.
In what felt like an unexpected slap, US factory production shrank in November, the Institute for Supply Management’s factory index falling to 49.5 (50 marks the dividing line between expansion and contraction) from 51.7 in October instead of the expected 51.4. It’s the biggest contraction since July 2009, a clear sign of fiscal cliff angst.
Trade data from the eurozone shows Germany posting a deficit while Italy and Spain generate surpluses, J.P. Morgan Asset Management on Monday briefed investors. As relative labour costs continue to fall, one of the key imbalances that provoked the eurozone crisis will fade away.