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With growth in many European, Asian and emerging markets mostly uninspiring, the United States is increasingly the main motor behind the global economy. The world's biggest economy is under ...
Global imbalances are far from being a new phenomenon in economic history. There are many periods where they were present, although here only those periods where some data is available will be referred to.
A toxic mix of ugly politics and structural economic problems is threatening to tip debt over the edge. Buckle up for turbulence: why a global debt crisis looks very hard to avoid Skip to main content
Foundations of Real-World Economics: What Every Economics Student Needs to Know is a 2019 book by John Komlos [1] in which the author argues that the turbulence of the 21st century, including the Dot-Com bubble, the 2008 financial crisis, the rise of right-wing populism, covid-pandemic, and numerous wars, cannot be adequately understood with conventional 20th-century economic thinking.
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries ...
High inflation, fueled by Russia’s invasion of Ukraine, and mass displacement from that war and conflicts in the Middle East and Africa have added to the global unease. In South Africa, high unemployment and inequality helped drive a dramatic loss of support for the African National Congress, which had governed for three decades since the end ...
European Economic Review 40. Stephen Morris and Hyun Song Shin (1998), 'Unique equilibrium in a model of self-fulfilling currency attacks'. American Economic Review 88 (3). Barry Eichengreen (2004), Capital Flows and Crises. Charles Goodhart and P. Delargy (1998), 'Financial crises: plus ça change, plus c'est la même chose'.
Stock prices worldwide seesawed dramatically this week, forcing investors to keep up with sudden turns in the market and weather fears of an economic slowdown. The S&P 500 on Monday suffered its ...