Wednesday, August 31, 2016
  1. How to Fight Secular Stagnation

    Michael Spence

    How to Fight Secular Stagnation

    7

     identifies which growth-impeding economic forces can be countered – and which need to be left alone.

    Newsart for How to Fight Secular Stagnation VCG/Stringer

    Much of the world, especially the advanced economies, has been mired in a pattern of slow and declining GDP growth in recent years. But there are different types of forces that could be suppressing growth, not all of which are beyond our control. READ MORE

  2. Japan vs. the Currency Speculators

    Koichi Hamada

    Japan vs. the Currency Speculators

    3

     urges the authorities to intervene to stop the yen from appreciating further.

    Newsart for Japan vs. the Currency Speculators Kazuhiro Nogi/Getty Images

    Like Aesop’s boy who cried wolf, the Japanese authorities have lost credibility, at least when it comes to the threat of intervention in currency markets. As a result, speculators remain convinced that they are making a one-way bet – win big or break even – and continue to push the yen higher. READ MORE

  3. Global Growth – Still Made in China

    Stephen S. Roach
  4. The Making of China’s Consumer Society

    Andrew Sheng, ET AL
  5. Trump’s Foreign Admirers

    Ricardo Hausmann

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