Analysis

Economy

A Copernican Revolution in Western economics & China’s supply side reform

Every 4th May is National Youth Day in China. In 2016 I was invited on that day to deliver a lecture to Chinese young economists on how developments in ...
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Economic data shows claim of US ‘strong economic recovery’ was a myth

The publication of official US economic data for 2016, which shows only 1.6% US GDP growth for the year, and only 0.9% per capita GDP ...
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Why China’s social achievements are even greater than its economic ones

​Attempts are sometimes made to claim that China’s gigantic economic growth, the greatest in a major economy in human history, and its measurable increases in household ...
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Solar power illustrates China’s manufacturing future

The decisive global role being played by China in leading the way in the development of renewable energy is now being recognised in the Western ...
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Why Chinese neo-liberals are forced to falsify world history

China's economic discussions are the most advanced in the world - for anyone who follows them what passes for 'economic debate' in most of the ...
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How IMF policies helped oligarchs loot Russia – lessons for China and other countries

​ ​In 1992-98 the greatest peacetime economic collapse in a major country since at least the Industrial Revolution took place in Russia under the impact ...
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Economic logic behind Trump’s foreign policy – the key countries are Germany &China

​This article was published in Chinese before the recent summit between Chancellor Merkel and President Trump - which strongly confirmed its analysis.The first steps by ...
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Why did China grow so fast?

​My article 'China's socialist model outperforms capitalism’ established factually two key conclusions for global economic and social development. First, that the fastest growing economies since ...
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Socialist policies can help famine-stricken countries

An immense human catastrophe is threatening in parts of Africa and in Yemen. As the Washington Post wrote in February: "The world is in the grip ...
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China faces slower Western growth than in the Great Depression

Introduction - the situation in the global economy since 2008​China is used, after repeated experiences, to the ‘China is in/about to enter a deep crisis/hard ...
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