Disconcerting news as the world economy can’t afford more of a slowdown - with interest rates where they are most major economies (think Europe in particular) are out of policy tools to fight a meaningful slowdown...
A lot riding on Germany’s economy - not least the prospects for the Eurozone...Policymakers need to get ahead of this asap
The real challenge is how will public policy makers respond? With extremely low interest rates and EU restrictions on deficits, are monetary and fiscal policy options? And if they are, are they now impotent?
The speed and scale of technological innovation as well as the rising risk that the world could be split into different internet platforms raises the concern that we could see more of such flashes in the financial markets...the question is how best to manage these uncertainties...
How curious! Seems to me the market signs - high volatility, slowing growth forecasts, and oil price declines - are being largely discounted by policymakers... makes for a very interesting 2019!
One of the great challenges of economics is that, although treated as a science, it is a subject so heavily influenced by the vagaries of human behavior and thus struggles with precision forecasts. With China’s recent economics success traditional economics models steeped in (western) ideology will come under greater challenge.
William Thorndike’s central point in his book “The Outsiders” comes to mind - capital allocation is critical- the broad low returns environment shines a light on this fund with its narrow focus on technology. At a time of greater government focus in key areas such as AI, crypto currencies and privacy it will be fascinating to see how this fund maintains discipline in deploying capital, but also clears the cost of capital and tries to beat its peers.
With global growth slowing, policy levers such as interest rates at historic lows, these BREXIT impact scenarios are of deep concern.
The downside risk to living standards, public goods such as education, healthcare, and infrastructure are worrying. Sure Britain is the 6th largest economy in a globalized world, but whats the policy response to be for even the most conservative worse case scenarios of a 4percent GDP drop?
Is the global economic slowdown upon us? The IMF global growth downgrades plus the 6 economic headwinds I highlight in my work: demographic shifts, technology and the risk of the jobless underclass, widening income inequality, natural resources scarcity and environmental concerns, untenable debt, and declining productivity - all point to possible tough economic times ahead...
A community of leaders, subject matter experts, and curious minds bringing nuance back to how we talk about the news.
No content overload: our editors will curate the most notable and discussion-worthy pieces for you every day.
Don’t just read the story, tell it: contribute your ideas and experience to the dialogue.