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– The world’s economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability – even if they are not fully...
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– China’s economic policymakers want to shift the country’s production away from exports and heavy industry, and to increase the share of consumption in...
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– “Isn’t it now time for China to abandon the concept of a growth target?” That was the question I asked Chinese Finance Minister...
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– When Adam Smith was 22, he famously proclaimed that, “Little else is requisite to carry a state to the highest degree of opulence...
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– Fluctuations in the world’s economies are largely due to the stories we hear and tell about them. These popular, emotionally relevant narratives sometimes...
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– Millions of people worldwide watched the athletic achievements at the Sochi Olympics and the opening and closing ceremonies’ majestic portrayals of Russian history...
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– The European Central Bank needs to ease monetary policy further. Eurozone-wide inflation, at 0.8%, is below the target of “close to 2%, ” and...
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– Since December, when the US Federal Reserve began tapering its monthly purchases of long-term assets, emerging-market currencies have fallen across the board....
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– Around the world, there is enormous enthusiasm for the type of technological innovation symbolized by Silicon Valley. In this view, America’s ingenuity represents...
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– One definition of an emerging-market economy is that its political risks are higher, and its policy credibility lower, than in advanced economies. After...