Markets

China wants to raise its disproportionately small share of consumption as the cornerstone effort to close one of the world’s widest income gaps and quell rising discontent among those who feel they have missed out on the country’s blistering expansion...

During the last three years, the mantra in the U.S. for shale has been, "Drill, baby, drill.” But the reality is there is only one true gas formation in the U.S. that is increasing production – Marcellus – while every...

The recent chit fund scam in India saw thousands of depositors, mostly poor people in villages and small towns, lose their hard-earned money after Saradha Group, who were believed to be running a wide variety of collective investment schemes, collapsed....

Weeks into Japan's paradigm shift in economic policy, optimism that the country may end a quarter-century of economic stagnation is balanced by fears that the authorities' new approach may make things worse. And, while debate naturally focuses on Japan's internal...

The significance of the decision by the BRICS to create a new development bank that they will fund cannot be overemphasized. Emerging markets and developing countries are taking the future into their own hands – at a time when rich...

Since injecting more than $2 trillion into the financial system through three rounds of quantitative easing, the U.S. Federal Reserve is gradually realising that their experiment to kick-start the economy with near-zero interest rates has failed. Contemplating an exit strategy...

Since 2000, Japan has managed to offset its shrinking labour force with increased worker productivity – at a rate higher than most other advanced economies. But, Japan’s productivity gains are soon reaching its limits and the nation must once again...

Over the past week or so, a series of market shocks managed to throw investor confidence worldwide off balance. Although individually, none of these tremors were relatively big deals, collectively, they shook both investors and economists – and may ultimately...

The funeral of former British PM Margaret Thatcher saw a nation divided in hatred and love for one of the most iconic world leaders of modern times. While, Inner London today is one of the richest parts of the entire...

Although oil often provides an abundance of riches to producing nations, declining production capabilities, coupled with the volatility of oil prices, can lead some exporters down a road to financial collapse. Egypt, Syria, Yemen and the former Soviet Union have...

In a system in which almost all the growth is driven by increases in investment, and in which an increasing share of investment is being wasted on factories, bridges, real estate, airports, and other projects that have little or no...

A large proportion of Asian countries are currently at the top of the working-age population hump. For them, the window of opportunity to prepare for an older population will close within the next decade. But how can Asian countries take...

The last few years have highlighted the declining potency of long-standing growth models. Today, some of the biggest world economies struggle to create ample, well-paid and secure jobs amid a secular re-alignment of the global economy. This is a challenge...

Despite persistent deflation and tepid economic growth, things are looking up for Japan under the new Prime Minister. Shinzo Abe’s Keynesian-inspired reform programme is essentially a replay of what Takahashi Korekiyo achieved in the 1930s, when Japan escaped the Great...

With many of the world’s major emerging economies now moving towards a stagflation-lite situation, where inflation sticky at high levels but with growth decelerating or stagnant, can leaders find the correct policy response?Here is an update on several emerging markets...