Rocky road ahead for clean energy sector, says Deloitte
It’s not going to get any easier for clean energy sector soon. Although it is gaining in public image, global investors will remain cautious as long as gas prices remain low.
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.
Foreign companies and corruption in China
BRATISLAVA | By Andrej Matisak | “Corruption is rampant. Giving bribes is not unusual. Do in Rome as Romans do. So many foreign companies have also followed the practice in China.”
When Brazil ruined its economic policy
SAO PAULO | By Marcus Nunes | In Brazil, policies that would make even an ‘advocate’ such as Krugman blush were implemented, with shameful results.
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.
The Federal Reserve’s controversial exit strategy
BARCELONA | By CaixaBank research team | As Bernanke’s words are digested, it is inevitable that questions come up regarding whether this sequence is correct or, on the other hand, the Federal Reserve’s actions are untimely.
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.
US GDP revisions illustrated
SAO PAULO | By Marcus Nunes | The amendments made on the way the US GDP is measured favoured higher positive figures, but the rate of growth has not changed in any significant way.
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.