At the G20 summit, President Xi said, “We, as the leaders of major economies, are duty bound to re-calibrate the direction of the world economy and global governance at this critical juncture, work together to boost market confidence, and bring hope to our people.” He stressed that Belt...
Together, the two sides will plan and discuss the outcomes to be adopted at this FOCAC meeting regarding such key areas as health, investment and trade, industrialization, agricultural modernization, climate change responses and digital economy, and both will make every effort to produce a meeting ...
Current Events Skousen Investor CAFÉ Written by HTMW Team Skousen Investor CAFÉ is an electronic newsletter distributed weekly and written by Dr. Mark Skousen. Mr. Skousen offers valuable comments on today’s markets, the economy, politics and other pertinent topics of interest and how ...
The region’s location, size and shape depend on the state of the economy, not least that of the financial sector. In turn, the state of the economy depends on two sets of factors. One includes factors other than monetary and fiscal policy. Think, for instance, of non-economic events, ...
suggested that managing global warming would cost 1% of global GDP every year, while inaction could cost at least 5% and up to 20% of global GDP in a worst-case scenario. Thus,only a small part of total global GDP would be required for investment in a low-carbon economy, while fighting...
there is good reason to think that the economy will get back to 2 percent inflation while maintaining a strong labor market. The current level of our policy rate gives us ample room to respond to any risks we may face, including the risk of unwelcome further weakening in labor market condit...
What is going to happen to the world economy? We will never know the answer to this question. In one decade after another, something big and largely unexpected has occurred: the great inflation and oil shocks in the 1970s, the disinflation of the early 1980s, the fall of the Soviet Unio...
first and the third challenges. Today, I would like to focus primarily on the second – the intellectual one. That said, to set the stage, I will need to briefly discuss the economic one. After all, it is unfolding economic events that motivate changes in the way we think the economy ...
champion and participant of international cooperation. Political leaders and scholars of many countries also said that economies in the Asia-Pacific should promote the building of an open and inclusive world economy and prevent the world from falling into division. Do you have any comment on this...
A depression is a recession of catastrophic proportions. The U.S. economy has not been in an economic depression since 1939. That may in part be because the nation’s policymakers have developed tools to alleviate the effects of a recession before it morphs into something worse. ...