Global economic conditions survey report: Q4, 2015
... But what does this mean for the global economy? According to Capital Economics, a US $10 drop in oil prices transfers income worth around 0.4% of global GDP from net oil producers to net oil consumers. Since net oil consumers (like the US and Western Europe) tend to save less of their income than oi ...
... But what does this mean for the global economy? According to Capital Economics, a US $10 drop in oil prices transfers income worth around 0.4% of global GDP from net oil producers to net oil consumers. Since net oil consumers (like the US and Western Europe) tend to save less of their income than oi ...
What G20 Leaders Must Do to Stabilise Our Economy and
... None of these proposals will come to fruition on November 15th. But it is essential to start discussing them now. Finally, doing no harm means not throwing the baby out with the bathwater. It means not clamping down so hard on financial institutions and transactions that they become incapable of pro ...
... None of these proposals will come to fruition on November 15th. But it is essential to start discussing them now. Finally, doing no harm means not throwing the baby out with the bathwater. It means not clamping down so hard on financial institutions and transactions that they become incapable of pro ...
английский язык
... Microeconomics and macroeconomics are also quite different in how supply and demand are viewed and considered. The focus in microeconomics is on supply and demand for a single product or at most the products offered by one company, while macroeconomics deals with aggregate supply and demand for an e ...
... Microeconomics and macroeconomics are also quite different in how supply and demand are viewed and considered. The focus in microeconomics is on supply and demand for a single product or at most the products offered by one company, while macroeconomics deals with aggregate supply and demand for an e ...
OCR Spec - Institute of Economic Affairs
... disadvantages of EU membership and how these vary between member states • explain the role of the financial sector in developing and emerging economies in promoting economic development • evaluate the extent to which international financial markets have influenced flows of financial capital into ...
... disadvantages of EU membership and how these vary between member states • explain the role of the financial sector in developing and emerging economies in promoting economic development • evaluate the extent to which international financial markets have influenced flows of financial capital into ...
Rebalancing for Sustainable Growth
... The importance of the third cause is less: • The current account deficit was concentrated in the US while there were many surplus countries • The financial crisis was concentrated in the US and Europe • Not all countries had housing bubbles or crises (eg, Australia and Canada managed well) Kawai - ...
... The importance of the third cause is less: • The current account deficit was concentrated in the US while there were many surplus countries • The financial crisis was concentrated in the US and Europe • Not all countries had housing bubbles or crises (eg, Australia and Canada managed well) Kawai - ...
Greek debt and German wages
... to react flexibly in the face of unemployment. And even if they did, the effect is not necessarily beneficial (see Stockhammer 2011a, 2011b as modern reformulations). The EU would thus be subject to prolonged unemployment. Second, the EU policy system would create a deflationary bias. In the case of ...
... to react flexibly in the face of unemployment. And even if they did, the effect is not necessarily beneficial (see Stockhammer 2011a, 2011b as modern reformulations). The EU would thus be subject to prolonged unemployment. Second, the EU policy system would create a deflationary bias. In the case of ...
The new EU countries and euro adoption
... through the financial market channel. Here, some characteristics of the financial sector in post-transition countries amplified the transmission. For example, most domestic banks were owned by international banks after privatisation, and domestic lending depended on their deposits in and credits to the ...
... through the financial market channel. Here, some characteristics of the financial sector in post-transition countries amplified the transmission. For example, most domestic banks were owned by international banks after privatisation, and domestic lending depended on their deposits in and credits to the ...
Globalization and Economic Growth in the World Economy 1
... advanced by the demonstrators who oppose globalization or those (such as Joseph Stiglitz, 2002) who blame it for increasing world poverty and inequalities; indeed, no alternative model exists. When rapid growth in the United States and in the world economy resumes next year, the proce~s of globaliza ...
... advanced by the demonstrators who oppose globalization or those (such as Joseph Stiglitz, 2002) who blame it for increasing world poverty and inequalities; indeed, no alternative model exists. When rapid growth in the United States and in the world economy resumes next year, the proce~s of globaliza ...
The Simplest Model of Financial Crisis
... economy, perturbed by noise. This is the simplest way to integrate chaos theory to model financial crises, causing business cycles to emerge. Unlike standard models, the proposed theory proves that monetary policy can destabilize financial markets by raising interest rates too high, when preventing ...
... economy, perturbed by noise. This is the simplest way to integrate chaos theory to model financial crises, causing business cycles to emerge. Unlike standard models, the proposed theory proves that monetary policy can destabilize financial markets by raising interest rates too high, when preventing ...
table 1 here
... economic situation. Like Latin American countries, Indonesia had been burdened for decades with a high foreign debt, which had already amounted to 100 billion dollars before the 1997 crisis. Then there were internal ethnic tensions, especially hostility towards the dynamic Chinese community, enormou ...
... economic situation. Like Latin American countries, Indonesia had been burdened for decades with a high foreign debt, which had already amounted to 100 billion dollars before the 1997 crisis. Then there were internal ethnic tensions, especially hostility towards the dynamic Chinese community, enormou ...
Aalborg Universitet Recession
... the world felt the impact gradually. Some economies were more seriously affected by than the others. Some economies are witnessing some signs of recovery from the recession while others are still struggling to overcome the impact. Overall, the direct and indirect effects of the financial crisis in t ...
... the world felt the impact gradually. Some economies were more seriously affected by than the others. Some economies are witnessing some signs of recovery from the recession while others are still struggling to overcome the impact. Overall, the direct and indirect effects of the financial crisis in t ...
NBER WORKING PAPER SERIES NOT THE DISEASE!
... Without doubt we are in the middle of a severe recession, the worst since the great depression. A large part of the wealth we thought we had has evaporated. For example, the value of corporate equities has come down substantially during the past decade, from $19.4 trillion (2.1×GDP) in 1999 to $15.2 ...
... Without doubt we are in the middle of a severe recession, the worst since the great depression. A large part of the wealth we thought we had has evaporated. For example, the value of corporate equities has come down substantially during the past decade, from $19.4 trillion (2.1×GDP) in 1999 to $15.2 ...
economic and strategy viewpoint
... main channels of monetary easing and supports for activity. In this environment, global equity investors would be better off favouring the less volatile US market. This means that the outlook for equities comes back to the outlook for growth. Could we be surprised on the upside? There are scenarios ...
... main channels of monetary easing and supports for activity. In this environment, global equity investors would be better off favouring the less volatile US market. This means that the outlook for equities comes back to the outlook for growth. Could we be surprised on the upside? There are scenarios ...
The other half of macroeconomics and the three stages of
... assumption that the private sector is always maximizing profits, considered only one of the two phases an actual economy experiences. The overlooked other phase, in which the private sector may instead seek to minimize debt, can help explain why economies stagnate and why the much-touted policies of ...
... assumption that the private sector is always maximizing profits, considered only one of the two phases an actual economy experiences. The overlooked other phase, in which the private sector may instead seek to minimize debt, can help explain why economies stagnate and why the much-touted policies of ...
Crisis Prevention through Global Surveillance: A Task beyond the IMF
... Cato Journal, Vol. 30, No. 3 (Fall 2010). Copyright © Cato Institute. All rights ...
... Cato Journal, Vol. 30, No. 3 (Fall 2010). Copyright © Cato Institute. All rights ...
Monthly Review | Stagnation and Financialization: The Nature of the
... only be called a depression—especially Greece, Spain, and Portugal.2 The last member of the triad of advanced capitalist centers, Japan, has gone through what have been called two “lost decades” of slow growth and deflation and is attempting once again to jump-start the economy through a combination ...
... only be called a depression—especially Greece, Spain, and Portugal.2 The last member of the triad of advanced capitalist centers, Japan, has gone through what have been called two “lost decades” of slow growth and deflation and is attempting once again to jump-start the economy through a combination ...
Sudi Apak and Metin Uyar, The Earnings Per Share and
... shake-up in the way global business is conducted. No sector has been spared from the turmoil, which has already caused a substantial slowdown in most industrialized countries. The financial crisis has gripped each and every business sector. Governments around the world are trying to contain the cri ...
... shake-up in the way global business is conducted. No sector has been spared from the turmoil, which has already caused a substantial slowdown in most industrialized countries. The financial crisis has gripped each and every business sector. Governments around the world are trying to contain the cri ...
Economics Group Weekly Economic & Financial Commentary U.S. Review October 24, 2014
... Better housing data are certainly welcome, but are far from any indication that the housing market is poised for a roaring return to its prerecession days. For one, existing home sales are still 1.7 percent from year-ago levels. The second is that nearly all of the gain seen in September can be attr ...
... Better housing data are certainly welcome, but are far from any indication that the housing market is poised for a roaring return to its prerecession days. For one, existing home sales are still 1.7 percent from year-ago levels. The second is that nearly all of the gain seen in September can be attr ...
Why are we in a recession?
... Without doubt we are in the middle of a severe recession, the worst since the great depression. A large part of the wealth we thought we had has evaporated. For example, the value of corporate equities has come down substantially during the past decade, from $19.4 trillion (2.1×GDP) in 1999 to $15.2 ...
... Without doubt we are in the middle of a severe recession, the worst since the great depression. A large part of the wealth we thought we had has evaporated. For example, the value of corporate equities has come down substantially during the past decade, from $19.4 trillion (2.1×GDP) in 1999 to $15.2 ...
Differences matter in emerging markets
... markets on the one hand, emerging markets on the other— is average debt-to-GDP ratios. Developed markets’ average debt-to-GDP is now almost 114%, a 36.4 percentage point rise since the 2007 crisis, according to JP Morgan research. By contrast, emerging market debt-to-GDP ratios have actually fallen ...
... markets on the one hand, emerging markets on the other— is average debt-to-GDP ratios. Developed markets’ average debt-to-GDP is now almost 114%, a 36.4 percentage point rise since the 2007 crisis, according to JP Morgan research. By contrast, emerging market debt-to-GDP ratios have actually fallen ...
International Capital Flows and Domestic Financial Conditions: Lessons for Emerging Asia
... pattern to the typical pro…le for advanced economies which is “long equity, short debt.” The low debt-equity ratio in foreign liabilities implies a considerable risk transfer to foreign investors, since the return on equity-type foreign liabilities is not …xed but depends on the performance of the h ...
... pattern to the typical pro…le for advanced economies which is “long equity, short debt.” The low debt-equity ratio in foreign liabilities implies a considerable risk transfer to foreign investors, since the return on equity-type foreign liabilities is not …xed but depends on the performance of the h ...
To what extent has the financial crisis undermined the dollar`s pre
... for the United States, allowing the country to finance its deficits more easily. Historically, shifts in reserve status between currencies are not abrupt events but occur slowly, reflecting changes in such factors as national economic and political influence, use in trade and investment transactions ...
... for the United States, allowing the country to finance its deficits more easily. Historically, shifts in reserve status between currencies are not abrupt events but occur slowly, reflecting changes in such factors as national economic and political influence, use in trade and investment transactions ...
The Global Financial Crisis: Explaining Cross-Country
... contributed to the severity of the growth impact. Countries with more leveraged domestic financial systems and more rapid growth in lending to the private sector tended to suffer larger downward revisions to their growth outlooks. For emerging markets, this financial channel trumps the trade channel ...
... contributed to the severity of the growth impact. Countries with more leveraged domestic financial systems and more rapid growth in lending to the private sector tended to suffer larger downward revisions to their growth outlooks. For emerging markets, this financial channel trumps the trade channel ...
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.