A long wait for lift-off

If central banks adopt a return to full employment as the criteria for withdrawing stimulus from the economy, then lift-off of interest rates is still years away for most of the world’s major economies.

China’s slumping demographic dividend

China has become more focused on projecting economic power to emerging-economy allies. It is time to recalibrate our expectations to match China’s outward-looking ambitions.

Webinar: Post-pandemic reconstruction

We know that the economies of the world are suffering from a resurgence Covid cases and new lockdowns to contain the spread.  So why are the economic data generally pointing to a continuing rebound,  not a new crash of output, employment and spending?  What lies ahead in the new year, as the world’s economies attempt […]

The fiscal cliff, global edition

If the economies of the world undertake $6 trillion in deficit spending for fiscal stimulus this year, what happens next year, if the stimulus is not renewed or increased?

BoE saves the day; ECB next?

The BoE’s bold moves give us some hope that the ECB will lower capital adequacy standards to finally unleash some lending on a credit-starved economy.