December 2008 :- The UK Treasury and Bank of England are pursuing a multi pronged attack to counter a deepening downturn in the British economy. In the end, however, the sharp depreciation of sterling, monetary expansion and belated interest rate … Read the rest
By John Mulcahy
May 2009:- China is the interesting economy, as everyone knows, but few
With US$2 trillion in reserve, half of which is in US Treasuries, China has options no one else has. The conundrum for President Obama … Read the rest
Western nations are in urgent need of common sense policies to regenerate their ailing economies.
Clearly the monetary and Keynesian fiscal policies that were instituted during the recession, can hardly be regarded as a success. Yes, there has been some … Read the rest
Developed nations require radical innovative economic policies to combat slack growth and growing unemployment.
Current economic measures are patently not working as each economic cycle has failed to counter growing structural inbalances that are weighing on growth. Unemployment, currently around … Read the rest