Tags » Macroeconomics

Fixing the world economy: the role of internal and external balance

Despite a brief revival, the world economy is slowing again. A more sustained recovery will require international cooperation to reduce external imbalances in a way that reduces unemployment and maintains low inflation. 1,636 more words

Economics

Robots, employment and the mis-measurement of productivity

Macro Letter – No 97 – 18-05-2018

Robots, employment and the mis-measurement of productivity

  • UK productivity – output/hour has risen 1.5% in a decade
  • UK unemployment, at 4.2%, is the lowest since April 1975…
  • 2,309 more words

The US-China relationship and the roles of both superpowers

More thought-provoking words from Michael Pettis on global economics and politics, particularly the relationship between the US and China, the pressures on international trading relationships and the two countries’ roles in future decades. 68 more words

Economics

John Maynard Keynes - a brief intro

Here is a nice video introduction to the life and work of John Maynard Keynes, whom many regard as the greatest economist of the 20th century. 191 more words

Economics

Is the US exporting a recession?

Macro Letter – No 96 – 04-05-2018

Is the US exporting a recession?

  • The Federal Reserve continue to raise rates as S&P earnings beat estimates…
  • 1,572 more words

Public borrowing falls, but growth worsens and the imbalances continue for the UK

The BBC reported on Tuesday that government borrowing for the 2017-18 financial year fell to its lowest level in eleven years, at £42.6bn. This was lower than forecast and represents 2.1% of GDP. 807 more words

Economics