50 Glovista Global Emerging Market Perspectives
... run the risk of losing considerable momentum versus other global equity peers. Specifically, much growth has been discounted in various pockets of the US equity market that may disappoint meaningfully under a scenario of weaker than expected inflation pressure and economic growth. We believe the sec ...
... run the risk of losing considerable momentum versus other global equity peers. Specifically, much growth has been discounted in various pockets of the US equity market that may disappoint meaningfully under a scenario of weaker than expected inflation pressure and economic growth. We believe the sec ...
Testimony by Mark Weisbrot1 before the Committee on Financial Services
... recession for nearly four years. During this time, the Fund has supported, with lending and political encouragement, fiscal tightening of the central government budget. This is something that economists in the United States would never recommend for our own economy during a recession, and it has und ...
... recession for nearly four years. During this time, the Fund has supported, with lending and political encouragement, fiscal tightening of the central government budget. This is something that economists in the United States would never recommend for our own economy during a recession, and it has und ...
Chapter 1: The Economic Way of Thinking Section 4: The Economist
... organization, labor markets, agricultural economics, and economics of environmental issues . ...
... organization, labor markets, agricultural economics, and economics of environmental issues . ...
Prospects for Asia and the Global Economy: Conference Summary
... also experienced policy ease because of the actions of the Federal Reserve and the European Central Bank. For most countries very accommodative monetary policy was appropriate during the global financial crisis, and this is what their monetary regimes delivered. This might not be the case for other ...
... also experienced policy ease because of the actions of the Federal Reserve and the European Central Bank. For most countries very accommodative monetary policy was appropriate during the global financial crisis, and this is what their monetary regimes delivered. This might not be the case for other ...
QUARTER 1 2015 MARKET REVIEW & OUTLOOK
... It’s hard to say if QE even created a meaningful supply of new jobs through the years it was in place, but what’s indisputable is its effect on asset prices. Those who require evidence should look no further than the 5-year performance of the S&P 500 index (up over 170%). The surge in equities here ...
... It’s hard to say if QE even created a meaningful supply of new jobs through the years it was in place, but what’s indisputable is its effect on asset prices. Those who require evidence should look no further than the 5-year performance of the S&P 500 index (up over 170%). The surge in equities here ...
REO Fall 2010 - Caribbean Development Bank
... Options for National and International Policy Change A comparative overview of the crisis and macro-economic policy responses so far Trevor Alleyne ...
... Options for National and International Policy Change A comparative overview of the crisis and macro-economic policy responses so far Trevor Alleyne ...
consumption_patterns
... In a certain way this means that compared to GDP as in the past, population is likely to become the indicator of future growth and likely market opportunities. For countries like the EU ones, it means that their future global role will decline, first because decline of share in world population, giv ...
... In a certain way this means that compared to GDP as in the past, population is likely to become the indicator of future growth and likely market opportunities. For countries like the EU ones, it means that their future global role will decline, first because decline of share in world population, giv ...
The current economic situation in Germany - Overview
... ments, such as guarantees regarding the supplementary pension scheme and the introduction of a new pay scheme for local government, are likely to have made the trade unions Employment saw very strong growth in the first more willing to agree to these comparatively quarter owing mainly to an upturn i ...
... ments, such as guarantees regarding the supplementary pension scheme and the introduction of a new pay scheme for local government, are likely to have made the trade unions Employment saw very strong growth in the first more willing to agree to these comparatively quarter owing mainly to an upturn i ...
LARRY SUMMERS: I`m glad to be here. I`m glad to be here with my
... We had a huge erosion in credit standards in all kinds of lending ranging from covenant light lending, to private equity firms, to lending to car loans, to emerging market loans. We had what many believe – and some versions of the Taylor Rules suggest – was extraordinarily easy monetary policy in th ...
... We had a huge erosion in credit standards in all kinds of lending ranging from covenant light lending, to private equity firms, to lending to car loans, to emerging market loans. We had what many believe – and some versions of the Taylor Rules suggest – was extraordinarily easy monetary policy in th ...
Global Economy - Georgia State University
... Course Description: technological improvements and reductions in shipping costs are stimulating the process of globalization. No longer is any nation’s economy insulated from developments that take place in other economies. Understanding the ongoing developments abroad and their impact on the domest ...
... Course Description: technological improvements and reductions in shipping costs are stimulating the process of globalization. No longer is any nation’s economy insulated from developments that take place in other economies. Understanding the ongoing developments abroad and their impact on the domest ...
Slide 1
... • Discontinuities create frictions and a potential for political backlash (as seen in reaction to the perceived inequality of globalization). • They are of particular concern in light of a widening governance and gap. ...
... • Discontinuities create frictions and a potential for political backlash (as seen in reaction to the perceived inequality of globalization). • They are of particular concern in light of a widening governance and gap. ...
1. The field of economics is traditionally divided into two - E-SGH
... e. controlling tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 3. As a discipline, economics is best described by which of the following? a. the study of how to control the effects of government actions b. the study of how to control t ...
... e. controlling tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 3. As a discipline, economics is best described by which of the following? a. the study of how to control the effects of government actions b. the study of how to control t ...
A progressive growth strategy for Italy
... Although a return to economic growth means that Italy must pursue a reform path that will require a long-term effort, it is clear that positive domestic intervention will not suffice. In order to get back on a path of sustained and lasting economic growth, Italy must interact with Europe, and partic ...
... Although a return to economic growth means that Italy must pursue a reform path that will require a long-term effort, it is clear that positive domestic intervention will not suffice. In order to get back on a path of sustained and lasting economic growth, Italy must interact with Europe, and partic ...
Economic Recovery in Latin America and the Caribbean: A
... On the flip side, the recovery in domestic demand has broadly been weaker than expected, as consumer and business confidence remain subdued, reflecting both uncertainty about future trade relations with the United States in Mexico and continuing corruption scandals in others. At the same time, domes ...
... On the flip side, the recovery in domestic demand has broadly been weaker than expected, as consumer and business confidence remain subdued, reflecting both uncertainty about future trade relations with the United States in Mexico and continuing corruption scandals in others. At the same time, domes ...
Economists Weigh Possibility of a Recession Amid Economic Growth
... unwinding the biggest housing bubble of all time....This economy is straddling the zero line, and it's precarious." ...
... unwinding the biggest housing bubble of all time....This economy is straddling the zero line, and it's precarious." ...
San Francisco NABE Outlook Conference Federal Reserve Bank of San Francisco
... But in November−and especially December−signs began to emerge that suggested the risks were tilting toward a more severe slowdown–and even the possibility of a recession. a ...
... But in November−and especially December−signs began to emerge that suggested the risks were tilting toward a more severe slowdown–and even the possibility of a recession. a ...
Documented Problem Solving Exercise #1
... The toughest problem on the exam was the last. Here’s a chance to understand the short-run Phillips Curve, long-run Phillips Curve framework better and, improve your exam score at least a bit. The exercise has two parts. Two be a candidate for extra credit on the exam, you need to complete both part ...
... The toughest problem on the exam was the last. Here’s a chance to understand the short-run Phillips Curve, long-run Phillips Curve framework better and, improve your exam score at least a bit. The exercise has two parts. Two be a candidate for extra credit on the exam, you need to complete both part ...
Guide to Economics - Raymond Williams Foundation
... 3. The main thrust of his article, though, is to summarise the structure of national and international economics in the fewest possible words: thus, ‘governments are not households’. 4. He illustrates this with an explanation of the technical economic factor, the multiplier “...suppose you come acro ...
... 3. The main thrust of his article, though, is to summarise the structure of national and international economics in the fewest possible words: thus, ‘governments are not households’. 4. He illustrates this with an explanation of the technical economic factor, the multiplier “...suppose you come acro ...
AGENDA – draft 1
... weakness is not expected. A positive sign is that many companies are still planning to invest. Main export markets for Germany are France, USA, The Netherlands, UK and Italy. German Exports - which are an important factor for Germany - will probably be influenced negatively in the next months, but d ...
... weakness is not expected. A positive sign is that many companies are still planning to invest. Main export markets for Germany are France, USA, The Netherlands, UK and Italy. German Exports - which are an important factor for Germany - will probably be influenced negatively in the next months, but d ...
16.02.09 Monetary Policy Report 2008-2009
... The primary objective of the euro area’s single monetary policy is price stability in the medium term. Maintaining price stability is the best contribution that the Eurosystem can make to economic growth. Moreover, with its flexible and unprecedented interventions in the money market, the Eurosystem ...
... The primary objective of the euro area’s single monetary policy is price stability in the medium term. Maintaining price stability is the best contribution that the Eurosystem can make to economic growth. Moreover, with its flexible and unprecedented interventions in the money market, the Eurosystem ...
UN must intervene after failure of US and BWIs to address crisis
... Moreover, countries of the developing world would not escape the effects of a depression, he warned. Their export earnings in both merchandise and 'invisibles' would be hit, causing unemployment and output contraction on the one hand, and foreign exchange crises, exchange rate depreciation and accen ...
... Moreover, countries of the developing world would not escape the effects of a depression, he warned. Their export earnings in both merchandise and 'invisibles' would be hit, causing unemployment and output contraction on the one hand, and foreign exchange crises, exchange rate depreciation and accen ...
Postwar US economic resurgence after self destructiopn of Europe
... new RMB) to exchange for the incoming US dollars. That, together with price controls, prevented pricelevel rise in China, and stimulated US consumption of Chinese products whose low price kept US inflation low and justified the artificially low US interest rates which stimulated the housing ...
... new RMB) to exchange for the incoming US dollars. That, together with price controls, prevented pricelevel rise in China, and stimulated US consumption of Chinese products whose low price kept US inflation low and justified the artificially low US interest rates which stimulated the housing ...
Austerity in Recession: A Terribly Damaging
... • IMF: Fiscal consolidation typically has a contractionary effect on output. A fiscal consolidation equal to 1 percent of GDP typically reduces GDP by about 0.5 percent within two years and raises the ...
... • IMF: Fiscal consolidation typically has a contractionary effect on output. A fiscal consolidation equal to 1 percent of GDP typically reduces GDP by about 0.5 percent within two years and raises the ...
Long Wave, Globalization and Technological Salvation - Tsang Shu-ki
... persistent deflation in the commodity market, as well as the enlarging financial bubble in the US. It has also become clear that with all its domestic problems, the Chinese economy can’t save the world. The long wave advocates have been recharged.(2) Even the Economist recently agreed that deflation ...
... persistent deflation in the commodity market, as well as the enlarging financial bubble in the US. It has also become clear that with all its domestic problems, the Chinese economy can’t save the world. The long wave advocates have been recharged.(2) Even the Economist recently agreed that deflation ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.