5594 notizie

07 ott 2014 19:07

Can Russia Escape Dollar Dependence?

Russian president Vladimir Putin is determined to wean his country off the dollar, or so he says. In July, after insisting that the international monetary system depended too much “on the U.S. dollar, or, to be precise, on the monetary and financial policy of the U.S. authorities,” Putin signed off on a new BRICS development [...]

economia |

07 ott 2014 19:05

A Runoff for Brazil’s Rousseff and Neves

Brazilian President Dilma Rousseff won the first–round of the 2014 presidential election yesterday with almost 42 percent of the vote. The real surprise of the contest, however, came in Brazilian Social Democratic Party (PSDB) nominee Aecio Neves’s impressive second place finish, capturing a third of voters and surpassing Marina Silva of the Brazilian Socialist Party (PSB). [...]

economia |

07 ott 2014 19:02

Germany: It Ain’t Your Father’s Locomotive

This Great Graphic comes from Markit’s Chris Williamson.   It illustrates that the German good producing sector has fallen on hard times again.  The economy contracted by 0.2% in Q2.  Another decline in Q3 cannot be entirely ruled out, though it may just escape with something just above stagnation. The main cause that most politicians and economists will focus on [...]

economia |

07 ott 2014 19:00

A Tale of Two States—Bringing Back U.S. Productivity Growth

By Roberto Cardarelli and Lusine Lusinyan: (Versión en español) Today’s Pop Quiz: What do Oregon and New Mexico have in common? What could possibly link the spectacular vistas of Crater Lake to the glistening White Sands? Answer: One link is these two states have the highest share of computer and electronic production in the entire United States. Think Intel [...]

economia |

07 ott 2014 18:59

Now Is a Good Time to Invest in Infrastructure

By Abdul Abiad, Davide Furceri, and Petia Topalova: Infrastructure is the backbone of well-functioning economies. Unfortunately, that backbone is becoming increasingly brittle in a number of advanced economies. For example, there has been a decline in the overall quality of infrastructure in the United States and Germany (Figure 1; see the FT 2014 and ASCE 2013 for more in infrastructure in the [...]

economia |

07 ott 2014 18:55

The Growth of Shadow Banking

By Gaston Gelos and Nico Valckx: Shadow banking has grown by leaps and bounds around the world in the last decade.  It is now worth over $70 trillion. We take a closer look at what has driven this growth to help countries figure out what policies to use to minimize the risks involved. In our analysis, we’ve found [...]

economia |

07 ott 2014 18:48

Legacies, Clouds and Uncertainties Weigh on IMF’s Projections

By Olivier Blanchard The recovery continues, but it is weak and uneven. You have now seen the basic numbers from our latest projections in the October 2014 World Economic Outlook released today.  We forecast world growth to be 3.3% in 2014, down 0.1% from our July forecast, and 3.8% in 2015, down 0.2% from our July forecast. [...]

economia |

07 ott 2014 18:41

Does a New Eurozone Recession Threaten U.S. Growth?

It’s a perfect score for Germany’s economic reports so far this week—perfectly negative. In two days we’ve seen two macro updates for Europe’s biggest economy and in both cases the numbers were deeply disappointing. Yesterday we learned that new manufacturing orders suffered a substantially larger-than-expected decline in August, followed by today’s news that industrial output plunged 4% during that [...]

economia |

07 ott 2014 18:38

The Labor Market Conditions Index: Use With Care

I was curious to see how the press would report on the Federal Reserve Board’s new Labor Market Conditions Index.  My prior was that the reporting should be confusing at best.  My favorite so far is from Reuters, via the WSJ: Fed Chairwoman Janet Yellen has cited the new index as a broader gauge of employment conditions than the unemployment [...]

economia |

07 ott 2014 14:56

The Economic Future (if Any) of “Novorossiya”

Last May, I posted an item on the economic situation in the rebellious regions of Eastern Ukraine, or “Novorossiya” (New Russia), to use the term increasingly favored by separatists and  their Russian sponsors. Novorossiya was the name of a province of Tsarist Russia that occupied much of the southern part of present-day Ukraine, stretching all [...]

economia |