Tag Archives: GDP

Facing up to the Long-term Fiscal Challenges

The great recession left nearly all advanced economies with substantially higher debt-to-GDP ratios and in many cases with lingering economic weakness that further complicates short-term efforts at fiscal consolidation. But the longer-term challenges the Western economies face are in many cases related to the future fiscal challenge of growing primary deficits.

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Is GDP Over?

Economists from rich countries increasingly agree: Sustainable development and reducing inequality matter more than economic growth.

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Hypocrisy Mars RMB Devaluation Debate

China has dipped back into its ‘old bag of tricks’ and attempted to rev up the export engine one more time in order to give its flagging economy a much needed ‘shot in the arm’. The marching orders for Chinese policy makers are stability above all, reform when suitable and pragmatism always.

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Redefining Japan’s Asia Diplomacy

Japan, along with the rest of Asia, must seize anew the opportunity to join in shaping the future of the regional architecture. During the lost decades, Japan’s Achilles heel was its inability to see the bigger picture. Japan must now ‘think big’ and engage multilaterally for the Asian regional order.

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Indonesia’s Bold 2015 Budget Strategy

Indonesia's budget is a bold strategy to change the direction of its economy. But, the rush for results is a risky strategy because it could delay essential reform and harm the government’s credibility if the budget’s ambitious targets are not met.

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Asiaphoria or Asiaphobia?

The rise of Asia might be better conceived as the re-emergence of a world in which population size and economic size are closely linked. The global diffusion of technology, and institutions, has given poor but populous countries an opportunity to catch up.

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Sudan’s Sinking Oil Revenues and Middle Class

The prosperity of Sudan’s boom years ended when South Sudan seceded in 2011 and delivered a serious blow to its economy. The end of the oil years has reversed the great expansion of the middle class. Presidential and legislative elections are scheduled for 2015. Whether the hitherto quiescent Khartoum bourgeoisie will make apparent its dissatisfaction at its bowed circumstances is one of Sudan’s pressing political questions.

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The Trouble With Statistics About Africa

Bad and incomplete data bedevils African statistics. Seventeen African countries have not conducted a census in the past decade and five have not done so in 20 years.

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Possible Impact of US Fed’s Interest Rate Hike

Fed rate rises may possibly cool down US growth, worsen the US trade deficit, draw capital from poorer regions, and move exchange rates in a direction that may not ease tensions with China. The exact impact depends on timing, how far and how fast.

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Can Sri Lanka Build a Prosperous Post-war Future?

After decades of low growth and stifled economic progress because of the debilitating conflict, the Sri Lankan economy has demonstrated impressive post-war progress, thanks largely to Chinese investment. The 2010–13 GDP growth has averaged 7 per cent, and is likely to exceed that in 2014. Poverty rates have fallen sharply and greater price stability has been achieved.

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