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Economics

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]

Is China’s Economy Growing as Fast as China’s GDP?

7 September 2017

by Michael Pettis If local governments and state-owned enterprises in China systematically invest in projects that are not economically justified, to the extent that these projects are not correctly marked to market, China’s reported GDP will be overstated by that amount, as will its total wealth [read more]

China is going to hit a wall

29 August 2017

CHRISTOPH GISIGER   Anne Stevenson-Yang, co-founder and research director at J Capital, warns that the monster bubble in the Chinese housing market is ripe to pop and that the Chinese currency will crash. It’s been exactly two years now since turmoil in China’s currency markets threw [read more]

The Paris Agreement and the Wicked Problem of the Carbon Budget

23 August 2017

The Paris Agreement agreed in December 2015 changed the environmental landscape and provided a clear framework for dealing with climate change. It lays down the principle that global temperatures should not exceed 2oC and that efforts should be pursued to limit the global temperature increase [read more]

The End of the Age of Oil

15 July 2017

I read an interesting article on Bloomberg – “Big Oil Just Woke Up to Threat of Rising Electric Car Demand” (14th July 2017) which made me think about the whole question of why oil is so central to our economy and how its replacement by renewables will affect carbon emissions. The article [read more]

Indus Cascade – a disaster in the making

5 July 2017

The Indus Cascade project will not help Pakistan, argues Hassan Abbas, instead it will come at great cost, and will make Pakistanis vulnerable to natural disasters or enemy attack Hassan Abbas, July 5, 2017 In May 2017, Pakistan and China signed a Memorandum of Understanding through which China [read more]
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© Andrew Palmer