And even renowned investor Warren Buffett has cast his vote of confidence in the market—his investment flagship Berkshire Hathaway now owns more stocks in Japan than any other country outside of the U.S.But longtime investors in Japanese stocks may wonder if the current rally is different from...
“Je me souviens” (“I remember”) is the official motto of Quebec, and a call for Quebecers not to forget their unique heritage. Would this nation, as they are recognized by the Government of Canada, have any interest in remaining part of a declining country that appears eager to reject...
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...
Brief periods of lower prices, as in a disinflationary environment, are not bad for the economy or for consumers. Paying less for some goods and services leaves consumers with more money left over for discretionary expenditures, which should boost the economy. In a period of declining inflation,...
Major Asian economies are now considerable new centers of economic power. China now is the world’s second-largest economy, Japan the third, and India the fifth.7This very success, however, ended the unipolar world. As new actors wield greater influence, international relationships may be more ...
It is more complicated. This time Smith is partly right. There were many foolish loans made during the past decade, and we know this because the sub-prime crisis occurred while the economy was still booming in 2007. About all you can say in defense of the banks is that the fall in NGD...
China naysayers have been wrong before. Gordon Chang, author of the 2001 bookThe Coming Collapse of China, has warned–wrongly, so far–that doom lies around the corner. Cushioning China’s economy is its high growth rate, an estimated $260 billion (but declining) annual current account surpl...
The bipartisan bill has a good chance of being passed. It also has the backing of environmental groups and of the agricultural industry, which welcomes the prospect of a new revenue stream to help counter years of declining crop prices, the US-China trade war, and a global pandemic. ...
Is China Increasing or Decreasing Its U.S. Treasuries Holdings? China's holdings of U.S. Treasuries peaked between 2012 and 2016, with a value of over $1.3 trillion. Since then, its size has been slowly declining. It dipped below $1 trillion in mid-2022 for the first time since 2010....
The Bank of Japan decided on the 26th to maintain its current monetary policy unchanged and did not implement quantitative tightening as expected by the outside world. After the news was released, the Japanese yen, which had been continuously declining, plummeted again. The Japanese yen in the ...