Posts Tagged ‘global economy’
Lots to worry about despite recovery
BARRY Eichengreen, professor of economics at the University of California, Berkeley, and visiting MAS/NUS Term Professor, talks to BT’s associate editor VIKRAM KHANNA about key issues facing the global economy. Excerpts:
On the crisis of 2008/09 compared with the Great Depression
My colleague Kevin O’Rourke and I did a comparison of the crisis with the Great Depression of the 1930s. For the f… more
Why the DXY?
The DXY does not mirror the United States trade position in the global economy. It is heavily weighted to Europe, undervalues the Canadian Dollar, ignores South Korea Taiwan and by necessity China. A firm cannot settle a trade flow in the DXY nor is it particularly useful as a hedge…
Full recovery still 2-3 years away: survey
58% of respondents expect to spend more on research and development in next 12 months
MOST business leaders in the Asia-Pacific believe it will take two to three years for the global economy to recover fully.
In the meantime, many are gearing up for future growth and plan to spend more on research and development in the next 12 months.
These findings come from a survey conducted jointly by Pricewa… more
Improbable China – Part One
It is understandable that the world should look for a new economic savior but China cannot support the global economy on her shoulders alone. If lower consumption and GDP have really arrived in the United States, they will not be far behind in China.
The U.S Dollar is Still Under Pressure
The U.S. dollar has resumed the downtrend against major currencies and the decline should continue over the medium term supported by fundamental and cyclical factors. In the United States, the public debt is increasing, the global economy is improving and interest rate differentials with key countries are widening. Inflation remains…



