News Ticker

Economics

Business models and dollar funding of global banks

26 March 2018

Notes on BIS Working Paper No 708, March 2018 Iñaki Aldasoro, Torsten Ehlers and Egemen Eren Abstract from BIS: Since the eurozone crisis, there has been a stark divergence between European banks and Japanese banks in their dollar uses and sources. We show that these shifts have implications for [read more]

China falls out of love with nuclear

26 March 2018

Slowing demand for electricity and competition from renewables have halted new reactor approvals, writes Feng Hao As countries around the world abandoned nuclear power, China had bucked the trend, embracing nuclear power as a reliable and cheap energy source that would help reduce air pollution [read more]

The GDP of Bridges to Nowhere

26 March 2018

MICHAEL PETTIS In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input, rather than an output, radically changes its [read more]

The Problems of Excess Chinese Debt

13 December 2017

Alice laughed. “There’s no use trying,” she said: “one can’t believe impossible things.” “I daresay you haven’t had much practice,” said the Queen. “When I was your age, I always did it for half-an-hour a day. Why, sometimes I’ve believed as many as six impossible things [read more]

A Turning Point? The Failure of the German Coalition Talks

20 November 2017

While the international, that is the English-language, media, pursues its obsessive interest in President Trump, and the British press focuses on the minutiae of the Brexit negotiations, an event which occurred in Berlin this weekend is arguably the most important foreign news development in the [read more]

German Energy Policy Following the 2017 Election

26 September 2017

As the dust settles on the results of the German election, it is becoming obvious that the fall in votes for the two largest parties, including Angela Merkel’s CDU, will mean significant changes in German policies in a number of areas. There has also been speculation that the CDU will form a [read more]

International Labour Migration

13 September 2017

In addition to the huge numbers of refugees or economic migrants using criminal (or informal) networks, there are also large numbers of people who migrate as labourers or temporary workers on an official basis, but who ultimately return to their home countries. For example, in recent years China [read more]
1 2 3 7