Economics

24 November 2014

Central Banks Start Printing Presses Worldwide

As disinflation and deflation threatens growth rates in emerging markets and the European Union, central banks have hinted that their monetary policy will become more accommodative in the coming months.From China to the European Central Bank, policymakers are cutting growth...

23 November 2014

One Cannot Separate Politics and Economics

Many people assume that politics and economics are separate spheres.  We find ourselves often harkening back to the even older tradition of referring to "political economy". Harold Laswell, regarded as the father of modern political science, famously defined politics as...

22 November 2014

Global Summits, Global Hopes

For global governance watchers, this was the big week of the year. Between 7 November and 16 November, the world witnessed an APEC meeting in Yanqi Lake near Beijing complete with a bilateral China–Japan ‘breakthrough’ and a major US–China climate...

21 November 2014

Bangladesh Breaks from Tradition with Recent Election

Recently Bangladesh was side-tracked from an electoral democracy. Earlier this year, the ruling party Awami League formed government after a one-sided election. Bangladesh’s major opposition party, the Bangladesh Nationalist Party (BNP), boycotted the election on the grounds that it was...

21 November 2014

The Week in Review: Low U.S. Inflation, Japanese Recession

Low inflation and exposure to weakening global markets is causing concern in the Federal Reserve, while a fall into recession in Japan is causing greater anxiety throughout Asia. Low inflation and exposure to weakening global markets is causing concern in...

20 November 2014

Eurozone Divergences, Weak Commodities and China Slows Down

There is plenty of data out today and it is generally reinforcing our three main thematic points: divergence, weak commodities, especially energy, and the slowing of the Chinese economy.  This is helping the US dollar and global bonds, but weighing...

20 November 2014

Thoughts on the Fed, Economic Data and Currency Action

The FOMC minutes were not very surprising. The FOMC is not in any hurry to raise interest rates before the middle of next year at the earliest.  The FOMC statement did not drop the "considerable period" phraseology to describe the...

17 November 2014

Factors Explaining China’s Engagement on Climate Change

The joint Chinese–American announcement of emissions targets brings the world a big step closer to meaningful post-2020 action on climate change. Barack Obama in his Brisbane speech made it clear where the two superpowers see things going: ‘If China and...

17 November 2014

A Proposed Framework Could Help Asia Deal with an Ebola Outbreak

Southeast Asia is no stranger to epidemics and is a hotspot for emerging disease threats. There have been serious economic and health-sector impacts from zoonoses including Nipah virus infections, SARS and highly pathogenic avian influenza (commonly known as bird flu)....

17 November 2014

The Income Inequality Issue in the U.S.

Currently, the top one percent of all Americans holds about 40% of the complete wealth of the nation. Recent studies have indicated that the biggest income gap in history is having a huge impact on the economy of the United...

12 November 2014

U.S.-China Move on Climate Change Critical to Asia

A set of reports by the Intergovernmental Panel on Climate Change (IPCC), the last of which was released on November 2, 2014, sets the scene for governments to renew their efforts on the issue through ambitious commitments for a comprehensive...

12 November 2014

The Latest Step in Improving U.S.-Vietnam Relations

The United States partially lifted its decades-old ban on weapons sales to Vietnam on 2 October 2014. This was one of the most significant steps in improving relations between the two former enemies since they normalised diplomatic ties nearly two...

10 November 2014

Goldman Sachs: Stocks a Buy on New Jobs Report

A note sent to select clients of the investment bank juggernaut Goldman Sachs urged investors to buy stocks now, as more jobs and a resurgent U.S. economy could tip equities even higher in the next few years.In their note, Goldman...