Despite the fact that Ireland’s economy sustained a boom both before and after the introduction of the euro, Ireland faces the same problems that are crippling much of Europe: lost competitiveness and an unsustainable government debt trajectory. […]
The debate over China’s currency propagates dangerous myths about both the Chinese economy and the potential benefits of a more expensive renminbi for the United States. […]
While China’s role in global trade is continuing to grow, the dollar, not the yuan or the euro, will remain the world’s leading reserve currency for the foreseeable future. […]
Russia is the only major economy that is not a member of the WTO, but discussions over its accession have intensified, giving rise to important questions about the implications for world trade. […]
Since the start of the financial crisis, questions about sovereign wealth funds, which had $3.9 trillion in assets in 2008, have been at the forefront of discussions regarding financial stability and global politics. […]
The economic success of Gulf regional integration depends on increased cooperation within the service sector and improved administrative capacity in GCC countries. […]
The Middle East and North Africa have been less affected by the global economic crisis so far, allowing Middle Eastern governments to continue delaying the deep economic and governance reforms required for long-term economic growth in the region. […]
According to the World Bank, global economic growth is likely to contract by two percent this year. With export markets shrinking, many have questioned whether China’s domestic economy can supplement the revenue gap. […]
Drops in Chinese export figures and declines in world GDP suggest there will not be an economic recovery in the fourth quarter of 2009. The upcoming G-20 meeting must focus on halting the contraction as opposed to reforming the financial architecture. […]
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