Fed brings the global financial system back from the abyss
Sitting calmly in front of a bookshelf filled with thick volumes of the "Federal Reserve Bulletin," Jerome Powell this week set out to offer a simple explanation for the complicated steps the U.S. central bank is taking to relieve dire stresses in the global ...
Personal stress, not laziness, perpetuates the poverty rut
Many believe lifestyles are due to low effort, but economists are starting to accumulate evidence that the stress of living in poverty drives people to subpar decisions.
Take a fresh look at intangible assets
A key challenge for the economy going forward is to how to invigorate Japanese firms' investments in intangible assets.
Were the 2010s a return to the 1930s?
The last decade saw the framework of the long postwar period start to crumble.
10 surprises for Japan in 2020
Nurture Japan's strength to innovate
Japan is lagging behind many other countries when it comes to innovation.
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the nation's policymakers to the test. Xi Jinping's government faces an increasingly difficult balancing act as it tries to support the world's second-largest ...
Specter of funding crunch looms over runs at China's small banks
Bundles of yuan notes were stacked high behind the counters of branches of Yingkou Coastal Bank earlier this month, as the northeast China lender fought off a run on deposits while on-site government officials battled rumors of a funding crunch. Yingkou was the latest small ...
Green markets for equitable growth
Any realistic solution to the climate crisis must keep the engines of economic growth running. A global carbon market would do just that.
Abe rolls the dice on his political legacy with tax hike
Shinzo Abe will almost certainly become the nation's longest-serving prime minister next month. Whether he will be remembered as a success could well hinge on how the economy weathers the consumption tax hike. Legislation raising the tax to 10 percent from 8 percent took effect ...
Argentina — a cautionary tale for Trump's America
Argentina was one of the world's richest economies in the first few decades of the 20th century, but subsequently became a cautionary tale of how a wealthy country can lose its way.
The Bank of Russia pushed through its third consecutive interest-rate cut as inflation dropped closer to a 4 percent target. The benchmark rate was cut to 7 percent from 7.25 percent, according to a statement published on Friday. The move to the lowest level since ...
