Markets

China is the world’s second largest trading nation behind the US – leading the world in exports and coming in second for imports. From 2009-2011 its trade to GDP ratio was 53.1 percent, while its trade per capita was $2,413....

Since 1949, the Chinese government has been responsible for planning and managing the national economy.  But it was only in 1978 – when Deng Xiaoping introduced capitalist market principles –that the Chinese economy began to show massive growth, averaging 10...

China has one of the most diverse spread of industrial production in the world, fitting for a country that is called 'The World’s Factory'. Since 1978, the nation has gradually reduced its reliance on state-owned enterprises (SOEs) – though they...

China was the 18th fastest growing economy in the world in 2012, with a real GDP growth rate (constant prices, national currency) of 7.8 percent. Although the figure is its slowest growth since 1999, it is also representative of a...

The United States of America has the world's largest national economy. It makes up roughly 17 to 22 percent of the world's gross domestic product (GDP). The currency of the United States, the dollar, is the most widely used currency...

US foreign trade and global economic policies have experienced drastic changes since the days of its founding fathers. Prior to the Great Depression and World War II, government and businesses mostly concentrated on developing the domestic economy irrespective of what...

The US is a market-oriented economy, where private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy considerably greater flexibility...

The US is one of the most technologically advanced economies in the world, coming in 10th in the Global Innovation Index and 12th for the World Bank’s Knowledge Economy Index. As such, they also lead the world in industries such...

The US economy grew by 2.211 percent in 2012, compared to 1.808 percent in 2011 and 2.391 percent in 2010. Three consecutive years of growth has since reversed the recession experienced from 2008-2009, but the economy is still recovering too...

The shrinking icecaps in the Arctic have opened up new opportunities for trade, shipping and natural resource exploration at the top of the world. While the Arctic Council, representing countries with territory above the Arctic Circle, has no meaningful decision-making...

After a sharp downturn in 1999-2001, Turkey’s economy managed to grow by 5 percent per year on average from 2002 to 2012 – despite global and regional crises. There is however nothing flashy about the country's rise; its success was...

Even as America looks towards an energy-independent future, debate continues to stir over the importance of green energy and natural gas exports. And although some have argued that government intervention is hindering industry growth, the threat of significant market failures...

The World Economy In 2013: The Calm Before The Storm? After nearly four years of economic turmoil, the global economy in 2013, comparatively at least, appears to be now reaching a period of relative calm. The World Economy In 2013:...

Based on the latest data, Abenomics appears to be, for the moment at least, achieving its stated objectives. Yet for its recent success, Abenomics only addresses the symptoms, and not the real cause, of Japan’s long-term problems. Co-authored with my...

  The risk of conflict in the South China Sea is significant. China claims it has sovereign rights to nearly all of the territory, which is believed to sit atop extensive reserves of oil and gas. The claims are however...