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19 dic 2014 16:32

Turkish economy living on borrowed time

I looked at emerging market (EM) exchange rates against the dollar on the night of Dec. 17, right before the Federal Reserve’s (Fed) interest rate decision. The Turkish Lira was the second most depreciated currency against the dollar, right after the Russian ruble. Here the into. to my latest Hurriyet Daily News (HDN) column, where [...]

economia | ecomonitor.com

19 dic 2014 15:51

Tekıling törkiyz ecukeyşınıl vooz

Hello again after a two-week absence. I was quite busy, with travels and work, during the past two weeks and ot able to post here- even though I continued to write for the Hurriyet Daily News (HDN). I have two hours free this afternoon, and so I am hoping to get in a couple of [...]

economia | ecomonitor.com

18 dic 2014 08:44

What Could Explain the Recent Collapse of the Ruble?

The popular story has it that the recent woes of the Russian ruble can be explained by a mix of decreasing oil prices and sanctions imposed by the West as a result of Russia’s aggression in Ukraine. This appeared to hold until November. Various sanctions have been in force for some months now and until [...]

economia | ecomonitor.com

17 dic 2014 23:45

What’s Wrong with Heterodox Economics Journals?

I just came across a very interesting bit of research, A Guide to Paradigmatic Self-Marginalization: Lessons for Post-Keynesian Economists by Leonhard Dobusch and Jakob Kapeller; you can find it here: http://www.dobusch.net/pub/uni/Dobusch-Kapeller%282009%29A_Guide_to_Paradigmatic_Self-marginalization-WP.pdf. I realize this is not going to be of interest to many of our readers, as it is a sort of “inside the halls [...]

economia | ecomonitor.com

15 dic 2014 18:52

America’s Hard & Soft Power

The obituary of the American century has been written, but there are very good reasons to believe that the USA will continue to play a dominant role in the 21stcentury. This is the second of 2 pieces that examines the resilience of American economic power. America’s continued dominance is based on its ability to project [...]

economia | ecomonitor.com

15 dic 2014 13:19

Why a Global Climate Deal Will Remain Challenging

For quarter of a century, global climate change talks have suffered from a stalemate between major advanced nations and large emerging economies. Since Lima’s climate conference could not resolve it, it deferred the divide to Paris 2015. Recently, world’s leading nations gathered in Lima, Peru, for the 2014 U.N. Climate talks. The procedural objective was [...]

economia | ecomonitor.com

12 dic 2014 20:01

About Those Trolls…. Yes, It’s Troll Friday

It’s Troll Friday, hence, let’s look at Trolls. Well, the science is in, and yes Trolls really are horrible people. Who wudda thunk? This post at Slate pretty much tells us what I’ve concluded after some years of dealing with trolls: http://www.slate.com/articles/health_and_science/climate_desk/2014/02/internet_troll_personality_study_machiavellianism_narcissism_psychopathy.html. Here’s a summary of the research: “The research, conducted by Erin Buckels of [...]

economia | ecomonitor.com

11 dic 2014 23:11

It’s Baaack: Looming Greek Elections Threaten To Re-ignite the Euro Crisis

If at first you don’t succeed, try, try again……  aka third time unlucky. The Euro crisis has all the signs of being back amongst us, and this time it may be here to stay. After two earlier false alerts – one in July around the collapse of the Portuguese Banco Espirito Santo, and another in [...]

economia | ecomonitor.com

11 dic 2014 19:03

Why is Corruption More Prominent in Some Countries Than Others?

Corruption is widely acknowledged to be a serious problem in many countries. Ukraine has experienced a series of corrupt governments, and revulsion against widespread corruption is one factor that brought about the ouster of the Yanukovych administration last February (Poroshenko). Chinese officials have recently acknowledged corruption to be a serious problem.  Extreme levels of corruption [...]

economia | ecomonitor.com

11 dic 2014 18:33

The Risks of Complacency for Hong Kong, Macao and Taiwan

The old growth engines of Hong Kong, Macao and Taiwan are decelerating. The new ones are predicated on deeper economic ties with China. Recently, the governing Kuomintang suffered a landslide defeat in local elections in Taiwan, China; the worst electoral setback since KMT’s coming to power in 1949. As a result, President Ma Ying-jeou named [...]

economia | ecomonitor.com