Markets

4 August 2011.The Chinese admire America’s economic dynamism, but they have lost confidence in the US government and its dysfunctional economic stewardship. The debate over the debt ceiling and the budget deficit is the last straw, and China's own shift...

1 August 2011. One out of 6 people in the world live in India. But just how big is India? And how can we think about the country and its economy when its population and GDP varies so vastly from...

28 July 2011.On paper at least, few would consider Greece to be a systemically significant economy. Yet today, the country is at the centre of a crisis that threatens to engulf the entire European Union. But the case of Greece...

27 July 2011. The fate of the eurozone is ominous. As the debt crisis in Greece continues to spread and infect other eurozone nations such as Italy and Portugal, the euro-zone appears to be teetering on the brink of collapse....

20 July 2011. 20 July 2011. The 2008 global financial crisis was meant to be a wakeup call for policymakers around the world. Yet, in the aftermath of one of the worst financial crises ever, policymakers continue to adopt failed...

18 July 2011.On 1 November 1993, the European Union was formally established with the Maastricht Treaty – a culmination of a vision that began over 50 years ago when a small group of European politicians recognised the need for greater...

 14 July 2011. Thailand is about to inaugurate its first female Prime Minister. Yingluck Shinawatra led her Pheu Thai party to victory in July's general election winning 265 seats, and giving her party a majority vote in the 500 member...

13 July 2011. 13 July 2011.Politicians from advanced economies today face a conundrum on whether to restrict or welcome migrants and foreign workers. While an influx of foreign workers may provide economic benefits to a country, there have been societal concerns...

 Last week, Beijing released its June inflation and national trade account figures, with data suggesting that the government’s current measures to cool down its economy may be inadequate.  Last week, Beijing released its June inflation and national trade account figures,...

To most regular observers, the appointment of Christine Lagarde as IMF’s Managing Director came as no surprise. Lagarde had been seen as the overwhelming favourite to replace Dominique Strauss-Kahn and was duly elected despite calls for a candidate from an...

7 July 2011. The economic policies of the US and the UK have run parallel since the 1970s when Britain’s Conservative Prime Minister Margaret Thatcher decided to emulate the neo-liberal economic agenda of US President Ronald Reagan. 7 July 2011....

6 July 2011. Is the current US monetary system Constitutional? Is it corrupt? What can be done to make it more honest or effective? 6 July 2011. Is the current US monetary system Constitutional? Is it corrupt? What can be done to make it...

Wall Street hit its biggest four-day rally last week amid optimism that Greece will avoid default. The Dow Jones Industrial average was up 153 points, S&P’s 500 Index went up 13 points – even our Consumer Confidence Index registered optimistic...

1 July 2011. 1 July 2011.Recently, the International Energy Agency (IEA) announced its intentions to release nearly 2 million barrels of oil per day into the market over the next month so as to boost supply and drive down prices....

 29 June 2011.Rising food prices affect everybody, though obviously certain demographic groups – usually the poor – are affected more than the rest. As food prices continue to retain high levels of volatility, Jeffrey Frankel questions whether food prices can...