Shining a light on the world’s biggest companies, Transparency International, 10 Jul 2012
In an ageing population, QE can have undesirable income effects…
Pension income hit by new round of QE, Financial Times, 5 Jul 2012
Burgernomics goes beyond real exchange rate calculations to incorporate analyses of welfare and productivity gaps…
Burgernomics to go, The Economist, 8 Jun 2012
How best to mix liberal capitalism with the State? The debate continues… Continue reading Balancing Growth with Austerity
One of the must-read books of the year…
Why Nations Fail: The Origins of Power, Prosperity and Poverty, Daron Acemoglu and James Robinson
The Cleveland Fed examines the declining share of labour income in US GDP. Part of the explanation is cyclical, especially the lacklustre performance of employment compared with previous recoveries. However, structural factors are also playing a role, notably: reduced employee bargaining power, increased globalisation and the rise in capital productivity connected with improvements in information and communication technologies… Continue reading Fair Shares?
An update on convergence trends for the BRIC region….
Puns and punditry: How the BRICs were baked, The Economist, 9 Dec 2011
Africa’s hopeful economies: The sun shines bright, The Economist, 3 Dec 2011
A fascinating angle on Chinese vs Indian growth models…
Quite right, China, not ‘to want to be a millionaire’, Financial Times, 5 Nov 2011