Yukon Huang via Caixin| The prolonged slowdown in China’s economy has generated a fierce debate about whether the country needs a new “growth model.” All economies, however, are guided by the same growth model developed decades ago by Nobel Prize winner Robert Solow: growth of investment and labor along with productivity.
What really shocked the markets was not the Fed’s decision to maintain zero interest rates for a few more months, but the statement that accompanied it.
With all the talk of an imminent interest rate hike, there are likely to be winners and losers.
It is a simple story of failure, but one that fits the facts. It´s also based on a simple premise: An inflation obsession that took hold in 1974.
Electricity consumption by large and medium-sized companies grew by 2.5% in August from a year earlier.
BARCLAYS | Japan’s Recession probability are high GDP growth in Q3 15 will have crucial implications in gauging the economic and policy outlook for the near future.
A group of top international experts recently gathered in Madrid to analyse a problem politicians do not want to talk about as they are afraid of losing votes: are we facing a global pensions’ crisis.
Icelandic authorities ignored warnings before October 2008 on the expanded banking system threatening financial stability but the shock of 90% of the financial system collapsing focused minds.
By Jarno Lang | On June 29, under the leadership of China, 50 founding members signed contracts to create the Asian Infrastructure Investment Bank (AIIB), with its main hub in Shanghai.
London | Barclays | The Caixin ‘flash’ manufacturing PMI slipped to 47.0 in September, coming in below expectations and weighing on Q3 growth.