Category: Global Economy
The analysis published under this category are as follows.
Thursday, May 10, 2012
Post-Financial Crisis – How do the Major Economic Players Stack Up? / Economics / Global Economy
By: Asha_Bangalore
The global financial crisis broke out in August 2007 and the U.S. economy plunged into a severe recession in December 2007 and the recovery commenced in June 2009. The financial crisis touched nearly all major economies across the world. Where do the major economies of the world stand as the fifth anniversary of the crisis is not too distant? If progress is measured in terms of real gross domestic product, the U.S. economy ranks behind Canada in the G7 (USA, France, Germany, Italy, UK, Canada, and Japan) but it is ahead of the euro area.
Wednesday, April 25, 2012
IMF World Economic Outlook / Economics / Global Economy
By: Ian_R_Campbell
Why Read: Because this commentary links to the International Monetary Fund’s 2012 World Economic Outlook. You ought to read the Executive Summary, even if you elect not to scan the entire document or listen to the 45 minute transcript of a related Press Briefing.
Featured Report: The International Monetary Fund has just released its 2012 World Economic Outlook, sub-titled ‘Growth Resuming, Dangers Remain’. At a high level, this IMF Outlook suggests:
Read full article... Read full article...
Tuesday, April 24, 2012
Global Economies Decoupling Myth Destroyed / Economics / Global Economy
By: Michael_Pento
would have thought that the decoupling myth between global economies would have been completely discredited after the events of this past credit crisis unfolded. Back in 2007 and early 2008, investors were very slowly coming to the realization that the U.S. centered real estate crisis was going to dramatically affect our domestic economy.
Read full article... Read full article...
Saturday, April 07, 2012
Eurozone, US, China, the Global Economy's Ups and Downs / Economics / Global Economy
By: William_R_Thomson
The Business Times Singapore Investment Round Table
PANELLISTS
Kenneth Courtis: Former vice-chairman, Goldman Sachs (Asia) and co-founder of Themes Investment Management
Ernest Kepper: President, Asia Strategic Investment Associates, Japan
Robert Lloyd-George: Chairman, Lloyd-George Investment Management, Hong Kong
William Thomson: Chairman of Private Capital, Hong Kong, director of Finavestment, London
Tuesday, March 06, 2012
Catch 22 for Western Democracies / Politics / Global Economy
By: Mario_Innecco
The Catch-22 , not only for the P.I.I.G.S., but for the whole of the Western democracies is the size of government and the need to cut the size of government. The equation for calculating G.D.P. is G.D.P. = C + I + G + (X-M) which stands for Private Consumption + Gross Investment + Government Spending + (Exports - Imports).
Read full article... Read full article...
Thursday, January 26, 2012
Slow Boat To China, Oil and Global Trade / Economics / Global Economy
By: Andrew_McKillop
An article of 26 January published by Bloomberg put it this way:
Container ships can’t go any slower. Shipping lines are running out of options to stop losses as sailing speeds reach their lower limit, exhausting a solution that helped restore profitability in 2010.
Friday, December 30, 2011
Global Economic Collapse In 2012? / Economics / Global Economy
By: Andrew_McKillop
MORAL AND ECONOMIC DECLINE
This longstanding European genre-material for books, films, plays - and politics - dates from the end of the first world war, with a massive fillip in the 1930s long depression and rise of Stalin and Hitler, and this theme is surely back with a vengeance today. One reason is the decline isn't only economic, it is also moral, social and psychological and the track record for doing anything about it is bad, both in Europe, USA and Asia. The conventional solution, the historical precedent of the 1930s decline was Muddle Through ending with a world war, but thinking that today is unthinkable.
Thursday, December 22, 2011
Restoring Economic Growth Is Not Possible, Invisible Mending ? / Economics / Global Economy
By: Andrew_McKillop
There are no shortage of search engine hits with "Restore economic growth". In Europe, the eye of the storm for ever more complex and unsure, but supposedly market friendly debt control plays that finally depend on even more government borrowing, restoring economic growth always figures somewhere on the teleprompter for leading edge interviews by political deciders. The quest to retore economic growth is always cited as a goal by deciders, but they know, and we know that it isnt possible.
Tuesday, December 20, 2011
What Kim Jong Il's Death Means for the Global Economy / Politics / Global Economy
By: Money_Morning
Kerri Shannon writes:
All eyes are on North Korea and its repressed economic system this week after the country announced early Monday that Kim Jong Il, the ruling dictator for 17 years, died Saturday. The political instability to follow Kim Jong Il's death could ripple through the global economy, weighing on confidence and growth.
Friday, December 16, 2011
Global Economic Overview December 2011 / Economics / Global Economy
By: Mike_Stathis
Morgan Stanley recently downgraded its forecast for 2012 global growth to 3.5% from 3.8%. Remember in August, Morgan Stanley cut its global forecast for GDP growth down to 3.9% (from 4.2%) and 3.8% (from 4.5%) for 2011 and 2012, respectively.
In June, the IMF forecast 2.5% and 2.7% GDP growth in 2011 and 2012, respectively. This latest revision comes closer to the organization’s 2% benchmark for a global recession.
Read full article... Read full article...
Tuesday, December 13, 2011
Changing Views on Growth and Economic Recovery / Economics / Global Economy
By: Bill_Bonner
What’s new?
When we signed off last week, the Germans and the French were trying to hold Europe together. This morning, they are still trying.
“Don’t you live in Europe?” asked a friend at a party over the weekend.
Read full article... Read full article...
Wednesday, December 07, 2011
Brazil, India, China and Eurozone Economic Headwinds to Heed in 2012 / Economics / Global Economy
By: Asha_Bangalore
There has been a string of positive news about the U.S. economy in the past few days – auto sales rose, jobless rate fell, the ISM manufacturing survey points to an increase in new orders and production, private sector construction outlays advanced. But, news from abroad is disappointing and could translate into more than a temporary dip in exports. The important question is if the tailwinds can offset the headwinds blowing through the United States.
Friday, November 25, 2011
Low Carbon Sustainable Means a Post Industrial Future / Politics / Global Economy
By: Andrew_McKillop
The chances of the long-term future being truly postindustrial is high: as Albert Einstein said on the subject of war, industrial civilization makes it certain the third world war will be nuclear - but the fourth world war will be fought with sticks and stones. By a lot less people.
Thursday, November 10, 2011
Likely Economic Export Shocks From Europe / Economics / Global Economy
By: Asha_Bangalore
The European Central Bank (ECB) lowered the policy rate 25 bps to 1.25% on November 3, 2011. The possibility of a mild recession was cited as the reason for monetary policy easing. By implication, the recession should translate into fewer exports of the U.S. to Euroland. The share of US exports to the European Union (all 25 member nations) has dropped to 17.7% in August 2011 from a peak of 23.2% in February 2009.
Friday, October 14, 2011
United States and China: International Trade Data Underscore Softening Economic Fundamentals / Economics / Global Economy
By: Asha_Bangalore
The trade gap of the U.S. economy was virtually unchanged at $45.6 billion in August. Exports of goods and services held steady in August, while imports of goods and services also were almost unchanged. The real trade deficit of goods widened to $47 billion from $46 billion in July, reflecting a drop in exports of goods (-0.7%) and a 0.2% increase in imports of goods. From a year ago, exports of goods rose 6.7% and imports of goods moved up 1.9% (see Chart 5). Read full article... Read full article...
Wednesday, September 21, 2011
Why the IMF's Warnings About Slower Growth for the U.S. and Europe Will Be Ignored / Economics / Global Economy
By: Money_Morning
David Zeiler writes:
In lowering its growth forecast for the United States and Europe, the International Monetary Fund (IMF) warned of "severe repercussions" unless drastic measures are taken soon.
But don't expect the warning to spawn any real action.
Read full article... Read full article...
Saturday, August 27, 2011
Global Economic Growth Stalls Amidst Debt Crisis, Austerity / Economics / Global Economy
By: Global_Research
Andre Damon writes: A new batch of economic figures released this week confirms a renewed economic downturn, amidst an intensified assault on jobs and living conditions internationally.
The Organization for Economic Cooperation and Development (OECD) said the gross domestic product of its member countries grew by only 0.2 percent in the second quarter of this year, dropping from 0.3 percent in the first quarter.
Read full article... Read full article...
Wednesday, August 24, 2011
Can China Save The World? Towards A New Economic Model / Economics / Global Economy
By: DK_Matai
As the West contemplates a new phase in the global financial crisis, China -- the second biggest economy on Earth -- appears to some executive decision makers to be well placed to sail through the doldrums of the global financial markets or even use her wealth to come to the rescue of the rich world. Is this wishful thinking or is it grounded in facts? Despite its rising pre-eminence on the world stage, China is unlikely to save the world if the West slides back into recession. Why?
Friday, August 19, 2011
Globalization and Global Financial and Economic Chaos / Politics / Global Economy
By: Submissions
Ron Hera writes: As social and political upheaval and civil unrest have spread across the globe, it has become clear that the problems facing Western countries are neither transient nor temporary. Europe, the United Kingdom and the United States share a common set of problems over and above economic decline and sovereign debt issues linked to problems of the global financial system. The issues surrounding civil unrest comprise a lack of economic opportunity, political disenfranchisement, erosion of individual rights, a systematic lack of accountability from local authorities to national leaders, deteriorating credibility of political and financial leaders and disintegrating national government legitimacy. The reason that the above problems are common to Europe, the United Kingdom and the United States is that they are all linked to globalization.
Friday, July 08, 2011
Piracy: A Growing Global Menace / Politics / Global Economy
By: OilPrice_Com
Over the last few years, thanks largely to Hollywood's "pirates of the Caribbean" franchise, maritime buccaneers have acquired a highly romantic image.
The reality of modern piracy is far removed from the images peddled by Tinseltown. In the most recent nautical attack, Somali pirates on 6 July attacked the 900-foot Brillante Virtuoso, which was carrying over 141,000 tons of fuel oil from Ukraine to Qingdao, China, 20 miles off the Yemeni port of Aden. The vessel's 26 crew members abandoned ship after the attackers fired an RPG round into their sleeping quarters.