Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
The macro backdrop for the rest of the year is the following: (1) lower global growth (around 3%) than expected; (2) higher headline inflation prompted by oil base effects, but subdued core inflation; (3) sharp deceleration of growth across emerging markets (EMs); (4)...Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
On all fronts, global economic growth remains soft: facing headwinds in the US, tepid in the Eurozone, underwhelming in Japan and decelerating across emerging markets (with exceptions, such as India). For reasons expanded below, and barring a productivity miracle...Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
Many pundits and investors are coming to the realization that we live in a world in which there is too much of too many things. There is too much debt of course, but also too much labour (as paradoxical as it may seem in an ageing world) and too much capital. This...Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
As much of the world flirts with deflation or “lowflation”, some pundits turn to Japan to claim “we can happily live with it”. Their rationale: since 2009, Japan has grown by 3% per year in terms of real GDP per capita – faster than the US. Also, despite stasis...Sign Up for Our Publications
