A GLOBAL TRADE WAR: HOW? WHEN? WHY? AT WHAT COST?

“However, a realisation that all countries in the world are interdependent and are unable to be truly self-sufficient should mean that increased protectionism does not become a global trade war.”

EUROZONE OR ZEROZONE: WHAT 2017 HAS IN STORE FOR EUROPE

“Whatever the potential downsides to Trump’s policies, there is one clear upside: they will boost growth and employment in a eurozone where economic dissatisfaction is generating political turmoil – and the gains will be most

IS THE WORLD STRONG ENOUGH FOR A STRONGER DOLLAR?

“Why a Strengthening Dollar Is Bad for the World Economy”   “The Dark Side of the Stronger Dollar”   “Dollar’s Rapid Gain Triggers Angst in Emerging Markets… Update” “‘Strong’ and ‘Weak’ Currencies” “The Dollar Is…

2017 OUTLOOK: OPTIMISM OR UNCERTAINTY?

“Trump Presidency And China Growth Boost Global Outlook, Says IMF”   “Global Economy Year Ahead: Investor Optimism, Global Economic Reality May Clash in 2017”   “10 Key Themes for the World Economy in 2017” “World…

THE GREECE – EUROZONE DRAMA REVISITED

“Greece’s Perpetual Crisis” (Yanis Varoufakis, Project-Syndicate, December, 20, 2016) “The problem with Greece is that everyone is lying. The European Commission and the European Central Bank are lying when they claim that the Greek ‘program’…

OPEC CUTS OIL OUTPUT: WILL IT WORK?

“OPEC Reaches Deal to Limit Production, Sending Prices Soaring” (Stanley Reed and Clifford Krauss, The New York Times, 20 November  2016) “The size of the cut is fairly trivial in a 96-million-barrel-a-day marketplace that remains…

TRUMP’S FISCAL CONUNDRUM

“The Taming of Trump” (Nouriel Roubini, Project Syndicate, November, 11, 2016) “If Trump governs in accordance with the campaign that got him elected, we can expect market scares in the United States and around the…

THE LADY AND THE TRUMP: CAN IT WORK?

“With Trump in Power, the Fed Gets Ready for a Reckoning” (Binyamin Appelbum, The New York Times, 12 November 2016) “Both parties wanted to take steps to encourage faster economic growth and more jobs. Republicans…

ABENOMICS: DOUBLING DOWN ON STIMULUS

“How to Reload Abenomics” (IMF Research Team, Regional Economic Outlook, 2 August 2016) “After the initial success of the economic policies designed by Prime Minister Shinzō Abe, the economy’s momentum is flagging and deflation risks…