Why productivity growth is declining in advanced economies Two waves have dragged down productivity growth by 1.9 percentage points on average across countries since the mid-2000s (Exhibit 3). The waning of a boom that began in the 1990s with the first information and communications technology (IC...
China’s weak inflation performance is worrisome, however, given its important role in the global economy. China’s PPI inflation has been in deeply negative territory since late 2022, the product of a “perfect storm” of moderating commodity prices, weakness in global demand for Chinese exports...
Economy Sees Winter Chill Under Trump The threats of a wide range of tariffs on U.S. imports may be slowing consumer spending, the heartbeat of the American economy. Tim SmartFeb. 17, 2025 Can Judges Be Booted Like Musk Wants? A key voice in the Trump administration is looking to weapo...
Fiscal policy tools are used by governments to influence the economy. These primarily include changes to levels of taxation and government spending. To stimulate growth, taxes are lowered and spending is increased. This often involves borrowing by issuing government debt. To cool down an overheating ...
Japan's prime ministers often say they are dissolving parliament to take a policy question to voters, though it can also be in response to a no-confidence motion brought by the opposition. The major opposition Constitutional Democratic Party of Japan is considering such a ...
As such, Keynes's broader point is that simply waiting for the market to "fix itself" or by reducing interest rates or other minor adjustments isn’t enough. The underlying issue—the excess stock—must be addressed directly for the economy to recover. Thus, there's a straight line from ...
Higher gold prices have significant implications for the luxury goods market, where the precious metal is a key input cost for jewelry and watch manufacturers. Specifically, the 14% surge in gold prices since last fall appears to be crimping demand. In China, the world’s largest buyer of gol...
In a world where workers are more willing than ever to quit, paying low salaries and cutting back on benefits is a false economy. It’s not just the fact that employers will struggle to hire and retain. Every time an employee leaves, the bottom line takes a big hit. ...
Toyota Motor Corporation is one of the world's largest automobile manufacturers. It is in a leading position in hybrid technology. Popular models such as the Corolla and RAV4 are popular models that are popular in mainland Japan, Europe, America, and China. Toyota is one of the companies wit...
The flaw in the model, as I see it, is that the content side doesn’t just think “it’s okay when we do it.” It would be easier to swallow if that were the going premise, openly admitted. No, it’s that they insist up-and-down that rules are absolutely necessary for everyone...