365 Days of Unequal Growth
2014 will be a year of global economic recovery—but only for some. And the perception of economic stagnation may trump the reality of economic growth. […]
East Asia
Emerging Markets Are Not The Answer To Our Growth Problem
Summary:
Developing economies have performed strongly, while their advanced-country counterparts have struggled to sustain comparable economic growth. Emerging markets can help the advanced economies, but they are still too small and vulnerable to do the job on their own. […]
Cold Water for Hot Trade Deals
The nature of global trade has transformed and adapted greatly since the stalled Doha Round of the World Trade Organization. […]
Asian Development Outlook 2013
The Asia and the Pacific region continues to be the global growth leader even as it faces significant development challenges and downside risks. […]
The Economic Outlook in Southeast Asia
Economic disparities and a widening development gap both among and within Southeast Asian nations are among the most pressing issues facing the region. […]
Emerging Markets Unite!
A new initiative by the BRICS coalition of emerging countries, intended to establish a new development bank, will rival traditional development groups such as the IMF and World Bank and may shift the balance of power of the world’s economy. […]
U.S. Fiscal Cliff Risks Dragging Global Economy into Darkness
If the United States falls off this fiscal cliff into recession, the outlook for the world economy, already gloomy, will darken further. […]
In Search of the Global Middle Class: A New Index
The number of passenger cars in circulation can act as a direct measure of the middle class in developing countries. […]
The Global Middle Class is Bigger Than We Thought
Using car ownership as a proxy for purchasing power indicates that the global middle class is about 50 percent larger than typically assumed, with important implications for geopolitics and economics. […]
Demystifying the Chinese Economy
Since opening up to the world in 1979, China’s economy has grown by an astonishing 10 percent, on average, in real terms every year. But many observers have pointed out that China’s recent “rise” is more aptly deemed a “return” to the preeminence it enjoyed before the eighteenth century. […]