CAMBRIDGE: Once again, US economic and market forecasters are having a difficult time. Worse, while 2023 surprised on the upside, the deviation from projections in 2024 could be much less favourable. Recall the start of 2023. Forecasters had...
CAMBRIDGE: For decades, China set a shining example of how to capitalise on globalisation to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalisation...
CAMBRIDGE : One might think that predicting the US Federal Reserve’s next policy moves would become easier now that it has already hiked interest rates 10 consecutive times, for a total of five percentage points. Not so fast: I suspect that...
CAMBRIDGE: Nearly two years into the current bout of inflation, the concept of “transitory inflation” is making a comeback as the COVID-related supply shocks dissipate. This comes at a time when it is critically important to keep an...
CAMBRIDGE: The United Kingdom has had a sobering 10 days, with its economy, financial system, and citizens’ well-being suddenly at risk. But with rapid and coordinated action, policymakers can still salvage the situation. Last Friday, the...
CAMBRIDGE: The start of 2022 has been marked by a deepening sense of unease, and not just within governments as they confront challenges relating to health, the economy, geopolitics, and, in some cases, national and financial security. Households...
CAMBRIDGE: Inflation is now on the front page of newspapers around the world, and for good reason. Prices of more and more goods and services are increasing in a manner not seen for decades. This inflationary spike, accompanied by actual and feared...
LAGUNA BEACH – Recognising that “no one is safe until everyone is safe,” the G7 recently announced additional steps to facilitate globally more “affordable and equitable access to vaccines, therapeutics, and diagnostics...
