EMerging Equity
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The Economics Of The Teachers’ Strike In Kenya
By Anzetse Were Kenya has been in the throes of a teacher’s strike rooted in the fact that government has failed to pay teachers a 50% pay raise despite being ordered to do so by the courts. Government’s argument is that they don’t have money. What does government mean when they say they don’t have … Continue reading
Markets Gone Mad: Detox After 6 Years Of Zero Rates And Liquidity Injections By The Fed
By Mike Whitney Imagine your doctor put you on a daily dose of oxycontin, phenobarbital and Quaaludes for six years straight. Then he suddenly cancelled your prescription. Do you think your behavior might become a bit erratic? This is what’s going on with the stock market. It’s trying to shake off six years of overmedication brought … Continue reading
Pepe Escobar: Pope Francis May Be The Focus Of Attention — But Putin, Xi Is Where All The Action Is
By Pepe Escobar, Asia Times Pope Francis may be the rock star. But once again, the real heart of the action is all about Russia and China — those prime “threats” to Exceptionalistan, according to the Pentagon. Where’s Benjamin’s Angel of History when we need him? His gaze is now certainly focused on the home … Continue reading
Rationalising China’s Exchange Rate Policy
By Yukon Huang, Carnegie Endowment There are conflicts among the many objectives shaping China’s exchange rate policy. Politically, China’s leaders are keen on having the renminbi become a major international currency. For this purpose, the renminbi needs to be strong and stable enough that others will use it to settle trade balances and as a reserve … Continue reading
Solving South Africa’s Energy Crisis
By Steve Hedden Sustained power cuts, caused by under-investment and a shortage of generating capacity, have damaged the South African economy. The response has been a belated thrust towards more power supply, from a combination of coal-fired power plants, oil and gas, wind and solar, and potentially a fleet of new nuclear power stations. Fixing … Continue reading
How China Can Contain The Impact Of Its Economic Slowdown
By Lee Jong-Wha Pundits love debating the Chinese economy’s growth prospects, and nowadays the pessimists are gaining the upper hand. But many are basing their predictions on other economies’ experiences, whereas China has been breaking the mold on economic growth for the last three decades. So, are China’s economic prospects as bad as prevailing wisdom … Continue reading
Initiatives For Transforming The Global Economy: China’s “One Belt One Road”
By Dr. Chandra Muzaffar A number of important initiatives linked largely to the economy made public in the last few years may have a huge impact upon the future of humankind. ASEAN and China have played a pioneering role in some of them. The ASEAN initiated Regional Comprehensive Economic Partnership (RCEP), negotiations for which started in … Continue reading
“Supergiant” Gas Field Could Transform Egypt’s Energy Industry
By David Wille The discovery of a massive natural gas field could take pressure off of Egyptians suffering from a historic energy crisis. But the find throws into question a pending deal with Israeli companies to import gas and takes pressure off the Egyptian government for much-needed reforms. On August 30, Italian energy giant Eni … Continue reading
Mexico’s Energy Profile – Analysis
By EIA Mexico is one of the largest producers of petroleum and other liquids in the world, the fourth-largest producer in the Americas after the United States, Canada, and Brazil, and an important partner in U.S. energy trade. In 2014, Mexico accounted for 781,000 b/d, or 11% of U.S. crude oil imports. Mexico’s oil production … Continue reading
Impact Of China’s Economic Slowdown On Brazil
The prospect of a slowdown in China’s economy should have a negative impact of 0.3 percentage points over the Brazilian GDP between 2015 and 2016, according to a study of MCM Consultores, a Brazilian consultancy. According to the report, given the importance acquired by China in global demand, this process has immediate consequences for large … Continue reading
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