EMerging Equity
GDP
Chinese Dragon: Breathing Credit Fumes
By Eugen von Böhm-Bawerk Economic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models completely fail to pick up on structural shifts using Japan as an example. On the other hand, if an economy doesn’t really change much, as in the case … Continue reading
The Trouble With GDP And Emerging Markets
By Diane Coyle Is Africa poor? Yes, compared to other regions of the world. But this apparently straightforward question is harder to answer than it seems. This shows why the technicalities involved in constructing GDP statistics matter a lot. Specifically, take the question of whether or not Ghana is officially a poor country. Aid organizations use … Continue reading
How Important Are Services To Economic Growth In Kenya?
By Anzetse Were A report by the Overseas Development Institute (ODI) analyses four services sectors in Kenya to determine the role of services in economic growth. The four sectors analysed are the financial sector, IT services, transport services and tourism services. The report argues that services are becoming increasingly important, even for non-industrialised countries such … Continue reading
China Sees Its Economy Growing By 32 Percent Within The Next 5 Years
“The Chinese economy will grow by 32 percent in the next five years, surpassing $791 billion, the country’s government announced,” Sputnik reports. By that time [2020] the total volume of China’s economy will surpass 90 trillion yuan, its quality and development effectiveness will substantially increase, the government said in a Saturday report. According to the government report, … Continue reading
The Importance Of Africa’s Informal Economy
By Anzetse Were It is well known that in Africa there exist two types of economies: the formal and the informal. Often the general assumption is that the formal economy is the more important of the two, and often it is the formal sector which gains attention in terms of policy formulation, development strategies and … Continue reading
India Takes China’s Crown As Fastest Growing Economy
Despite the tough times for most emerging markets, India continued its economic expansion becoming the fastest growing economy of 2015. With a growth rate of 7.5 percent India outpaced China’s 6.9 percent. India’s growth was 7.3 percent in the last quarter of 2015, according to official government figures. New Delhi says it expects growth for … Continue reading
Russian Economy Contracts Most Since 2009 As Oil Prices Continue To Plunge
“Russia’s economy, facing renewed pressure from plunges in energy prices and the ruble, contracted the most since 2009 last year on oil’s decline and sanctions over the conflict in Ukraine that curbed access to international financing,” Bloomberg reports. According to preliminary estimates, gross domestic product fell 3.7% after growth of 0.6% in 2014. Vladimir Miklashevsky, … Continue reading
How Does Your Economy Compare To U.S. States?
The US economy is so big, that the economies of all 50 states are comparable in size to those of entire countries. To illustrate this, we used national GDP data from the International Monetary Fund (IMF) and state data from the Bureau of Economic Analysis (BEA) to put together a map that displays a country … Continue reading
Weaker Growth In Sub-Saharan Africa Amid Deteriorating Global Conditions
By Marco Pani, IMF African Department Growth forecast lowest in six years Headwinds from weak commodity prices, tighter financing Limited policy scope to counter drag on growth Economic activity has weakened markedly in sub-Saharan Africa, and the strong growth momentum of recent years has dissipated in quite a few countries, the IMF said in its regional … Continue reading
Uncertainty, Complex Forces Weigh On Global Growth
Global growth moderate and uneven, forecast at 3.1 percent this year, 3.6 percent in 2016 Disparate fortunes between the advanced and emerging market and developing economies Lower commodity prices weigh on commodity exporters The IMF’s latest World Economic Outlook (WEO) foresees lower global growth compared to last year, with modest pickup in advanced economies and … Continue reading
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