World economy

When the Giants Unwind

China and USA: When the Giants Unwind

BEIJING | By Andy Xie via Caixin | The world has depended on Chinese and American stimulus for years, and one implication of their tightening is a slowing global economy in 2014


Swedens loss of faith

Sweden’s loss of ‘faith’

SAO PAOLO | By Marcus Nunes | According to Per Bylund, “during the recent financial crisis, Sweden has emerged as one of very few financially sound economies.” However, now the country successfully rolled back its unsustainable but world-renowned welfare state.


india

Will 2014 Be a Watershed Year For India?

BANGALORE | By Srikanth Vasuraj | 2013 saw the Indian currency hit an all time low. The Current Account Deficit (CAD) and the Fiscal Deficit touched new highs. Inflation crossed 8% and the common man was left reeling under huge price rise in essential commodities, making the monthly budget unmanageable. However, next year could be the beginning of a new era thanks to the emergence of the AAP, the “Common Man’s Party”.


No Picture

The liberal case against a Universal Basic Income

NEW YORK|By Mike Konczal at Next New Deal| With the coming referendum in Switzerland has come a flurry of commentary about a “Universal Basic Income” (UBI). There are people for and people against, from the left and from the right. One powerful reason to reject the idea is the fact that a payment of $10,000 to every U.S. adult, a pretty basic basic income, would seemingly cost $2.5 trillion. 

Cerrar ojos

QE Effects: Shut Your Eyes to The Evidence

MADRID | By Luis Arroyo | Monetary policy has worked in the countries which have implemented it without feeling ashamed. The US, UK, Japan or even Switzerland have reactivated their economies and diminished wealth imbalances, at least in comparison with the euro zone. However it is also truth that QE efficiency has performed poorly.


Production

World industrial production and trade lack of energy

SAO PAULO|By Marcus Nunes| World industrial output and world merchandise trade reached new record monthly highs in October, suggesting that both were solidly above their previous peaks during the early months of the global slowdown in 2008 (by 10.1% and 7.2% respectively), but the real situation is that first indicator has gotten stuck and second registers a much reduced level and growth rate. Therefore, world economy would be still mired in a depressed state.


No Picture

“People Who Look at Our Companies Have to See the Future” (Steven J. Mento, CEO of Conatus Pharmaceuticals)

NEW YORK | By Ana Fuentes | For Conatus Pharmaceuticals’ CEO Steven J. Mento, starting a company was “the only way to go”. This mid-sized biotech company just listed on Nasdaq market place with clinical trials in the U.S. and Europe believes they can do some things better than the big guys in their sector. He speaks with The Corner about investment opportunities and today’s economic challenges.

 



Arctic

Arctic Energy Security: A Tepid Frontier?

With the area opening to greater human activity, the Polar region has once again caught the eye of policy makers (the region was once the site of heightened Cold War activity), who are looking increasingly northward.Will the Arctic be the site of conflict or cooperation?


Changes to Family-Planning in China

Experts wonder if changes to family-planning rules in China are too little, too late

BEIJING|Lan Fang and Li Yan at Caixin| Massive population remains China’s basic national condition, but structural problems of the population are daily becoming increasingly important factors affecting the development of the economy and society. The party just eased the one-child policy, but scholars and members of the public say progress should have been made years ago.