updated Thu. October 3, 2024
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Project Syndicate
April 19, 2018
LONDON – On a recent holiday in Vietnam, Cambodia, and Laos, I couldn't resist thinking about these countries' economic potential and ongoing policy challenges. After all, in 2005, my Goldman Sachs colleagues and I had listed Vietnam as one of the Next Eleven (N-11) – all countries with the potential toÃâà...
Project Syndicate
April 19, 2018
There is an urgent need for US President Donald Trump – or at least his advisers – to gain a far better understanding of how global trade actually works. Barring that, his administration's reckless interventions are likely to continue, or even escalate, causing severe damage to the US and the global economy.
CNBC
April 19, 2018
The CBO projects the federal deficit will top a staggering $1 trillion in the next two years, and debt could equal gross domestic product (GDP) within a ... fundamental problem with the debt of the world's largest economy, arguing that the U.S. is making significantly more money on its investments abroad thanÃâà...
Toronto Star
April 18, 2018
WASHINGTON—The International Monetary Fund projects moderate economic growth for Canada this year and next, albeit at a rate lower than last year's and significantly slower than in the United States. In a document generally positive about the current global economy, but flashing warning signs ofÃâà...
CNBC
April 16, 2018
Berlin is also alarmed at China's very successful economic cooperation with 16 Central and East European countries, derisively called "the new Europeans," in a "16+1" organization ... Last year, China ran a whopping 176 billion euro trade surplus with the EU, while the U.S. took a 120.8 billion euro deficit.
Project Syndicate
April 2, 2018
As artificial intelligence reshapes the global economy, economists who once argued that China's massive population would propel it to superpower status ... The possibility that China might never supplant the US as the world's economic hegemon is the flip side of the technology and inequality problem.
The Japan Times
March 31, 2018
Other ministers in charge of economic issues from both countries, including Minister of Economy, Trade and Industry Hiroshige Seko, are also expected to take part. During the parley, Tokyo will seek to share the view with Beijing that its “free and open Indo-Pacific strategy” and China's belt and road projectÃâà...
U.S. News & World Report
March 31, 2018
A Kentucky congressman says federal officials have given the green light to build a prison in an Appalachian county hard hit by the coal economy's downturn. ... U.S. Rep. Hal Rogers said he was notified Friday by Attorney General Jeff Sessions that the Letcher County project had cleared a final hurdle withÃâà...
BBC News
March 28, 2018
A fully-fledged trade war between China and the US would have "a severe impact on the global economy", the World Trade Organisation head has told the BBC. There was a risk ... The US has since said it was "cautiously hopeful" that the two economic giants could come to an agreement on trade issues.
WorldOil
March 12, 2018
WASHINGTON -- Opening the U.S. Outer Continental Shelf (OCS) to offshore oil and natural gas development would be an economic catalyst—promoting U.S. jobs, investments, and increased tax revenue—for states across the country, according to new economic studies. “The oil and natural gas industryÃâà...
Brookings Institution
March 6, 2018
Fortunately, at least at the “macro” level, the U.S. economy continues humming along, in its ninth year of expansion since the Great Recession of ... The potential growth rate measures how much we can grow our economy (and thus our living standards) if we are fully using our available economic resourcesÃâà...
Project Syndicate
December 31, 1999
Economists may warn that the combination of Trump's protectionism, big tax cuts, and uncontrolled government borrowing, coming at a time when the US economy is already near full employment, will ultimately fuel inflationary pressure. But financial markets simply do not believe this message. And sinceÃâà...
CNBC
December 31, 1999
The Yale economist criticized U.S. President Donald Trump during a Saturday interview in Beijing, calling the U.S. commander-in-chief "a showman" who ... to the U.S. from steel and aluminum tariffs, but he warned that heated trade rhetoric from both sides could send the American economy reeling into aÃâà...
Slate Magazine
December 31, 1999
But framing these problems as causes and symptoms of suburban poverty is misleading. What Americans are facing almost universally, in and out of the suburbs, is a new norm of persistent economic insecurity—a sense that they are one bad event from devastation. That's a problem, whether people qualifyÃâà...
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