Japan Disaster & Global Markets: “Nobody Knows Nuthin'”
"Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. "Past Performance Is No Guarantee of Future Success" Credit: Euronews 21 March 2011. Veteran screenwriter William Goldman was once asked what it takes to produce a successful...
Japan Elite Faces Growing Credibility Gap
Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. Fukushima Disaster Melting Down Public Confidence Too Credit: tula_7755 16 March 2011. On Tuesday, five days after the Fukushima disaster, Japanese Prime Minister Kan Naoto, 64, finally lost...
Japan Tsunami Costs, Lessons for US and EU
Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com Tsunami Only Start of Japan's New Problems Credit: enciclopediapt 14 March 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com...
Oiling the Wheels: When Oil Prices Bite
The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The Colonel: More Excuse than Cause. Credit: EnemyKe 8 March 2011. The world is entering an oil supply crunch because the demand for oil is increasing so rapidly, global...
While Turkey’s Economic Star Rises, Sarkozy’s France Finds Irrelevance
5 March 2011 5 March 2011 It was not that long ago that Turkey was the Sick Man of Europe, the ragtag remains of the Ottoman Empire struggling with inflation and military corruption, while France was a dynamic economy and...
India Telecom Scandal Highlights Systemic Problems
22 February 2011. With the arrest earlier this month of Andimuthu Raja, former telecommunications minister in India's current Congress-led coalition government, the deeper problems afflicting its unusual combination of a dynamic economy with a weak and corrupt political system have...
Wall Street’s Blatant Derivatives Conspiracy
17 February 2011. As regular readers know, Economy Watch has been extremely concerned with the destructive power of derivatives -- and their STILL yet-to-be-fully-felt impact on the world political economy -- 17 February 2011. As regular readers know, Economy Watch...
Serengeti Highway Pits Economy vs Eco-System
14 February 2011. Every spring, in Serengeti National Park in Tanzania, an endless sheet of yellow grass, two million wildebeest, zebras, gazelles and other grazers march north in search of greener pastures, with lions and hyenas stalking them and...
Buying Western Players for “Team China”
10 February 2011. A decade ago China urged its companies to expand overseas under the slogan “go out”. Now it is finally happening -- and with great speed. A few years ago two executives of an international oil company were...
The New “Great Game” in Central Asia
8 February 2011. Central Asia is one of the eternal hot spots in world history, a place where Darius I and Alexander the Great, Genghis Khan and Tamerlane left their marks. The British and Russian colonial powers followed suit...
Island in Senegal Kept “Afloat” by Wages from Spain
7 Feb 2011. As the issue of "dignity" becomes more pronounced in the struggle now under way in Egypt, consider this story about a town that exists simultaneously off the coast of Senegal and the agricultural heartland of southern...
Rating Agencies De-Stabilize Shaky World Political Economy
3 February 2011. By David Caploe PhD, Chief Political Economist, EconomyWatch.com Of the many topics significantly under-analyzed by the so-called / self-styled / allegedly investigatory Financial Crisis Inquiry Commission, among the MOST significant omissions was the role of the credit...
China Coal Demand Stokes Global Trade, Environmental Conflicts
2 February 2011. Even as developed countries close, or limit construction of, coal-fired power plants out of concern over pollution and climate-warming emissions, coal has found a rapidly expanding market elsewhere: Asia, particularly China. At ports in Canada, Australia, Indonesia,...
Micro-Finance Industry ‘Blood Suckers’ Encounter Growing Global Hostility
1 February 2011. Last month, we ran a disturbing Feature on the darker side of the for-profit micro-finance sector in India. 1 February 2011. Last month, we ran a disturbing Feature on the darker side of the for-profit micro-finance sector...
Oil-Rich Polarizing Venezuela: Emigration-Immigration Puzzle
31 January 2011. In booming South America, oil-rich Venezuela is the exception: the continent's only shrinking economy in 2010. Officials are rationing hard currency. Government takeovers of private businesses are increasing. One prominent financial analyst recently had just two words...