Analysis

Economy

The ‘Anglo-Saxon’ political crisis – from Reagan & Thatcher to Trump & Brexit

​Every day the media reports deepening political destabilisation gripping both major ‘Anglo Saxon’ countries - the US and UK.  Most important for the world, of course, ...
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Why Trump won’t persuade Apple to produce the iPhone in the US not China

President Trump has claimed he will persuade or force US companies such as Apple to relocate their production to the US – and move out ...
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Why China has made the world’s greatest contribution to increasing human rights

​The U.S. Congress has debated expressing its concern over the issue of ‘human rights’ in China - an  example can be found in the US House ...
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Growth in the G7 ‘Great Stagnation’ will be slower than in the Great Depression!

The Western G7 economies are in, and will remain locked in, very slow growth. How slow this growth is can be seen starkly by taking ...
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The limits of RMB internationalisation

The dollar's domination of the international monetary system, and the 'exorbitant privilege' it gives the US, to use the phrase of leading US monetary economist Barry ...
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Europe’s crisis & the Euro – predicted in advance

IntroductionThe following article, published in September 1996, that is prior to the creation of the Euro, accurately predicted in advance from fundamental economic theory the ...
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China is right to maintain & tighten capital controls

​During 2017 China has been tightening its capital controls to prevent any export of capital from the country not required for legitimate business expansion - ...
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Why the economic reform succeeded in China & will fail in Russia and Eastern Europe

This article was written in April 1992 and originally published in Russian in September 1992 in Voprosy Economiki (Questions of Economics) in September 1992. The ...
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Economic growth & human well-being – the example of China

The following article analyses in detail the relation between economic growth and human well-being. Its focus is a comparison of China with developing and advanced ...
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Here’s why China and BRICS will drive global economic growth

It is frequently underestimated just how dependent world economic growth is on only a few countries. Strikingly, on the IMF’s latest projections, the majority of ...
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