🔒 What’s a Minsky Moment, and why the world worries about one
A Minsky Moment – the end stage of a prolonged period of economic prosperity – and why policy makers worry.
A Minsky Moment – the end stage of a prolonged period of economic prosperity – and why policy makers worry.
StanChart forecasts that China will be by far the largest economy in 10 years. In its list of the most exciting economies, SA is conspicuously missing.
Evidence suggests that a heavy lockdown is no more effective than a light one, and opening up economies a lot is no more harmful than opening up a little.
The Wall Street Journal chronicles the opening up of economies all over the world and cites green shoots of normalcy starting to emerge.
Daniel Silke has just returned from two weeks in the US, he penned the below response to this growing trend of populism. Fasten your seat belts, it’s going to be a bumpy ride.
IRR policy fellow Rabelani Dagada tracks the development of Malaysia and Ghana and suggests why one is in a far superior position to the other.
John Maynard thinks South Africa, like China, should implement significant policy changes in order to change the level of dependence of the economy on commodities.
South Africa’s Rand fell the most against the US dollar, the worst-performer among 31 emerging market and major currencies tracked by Bloomberg.
President Jacob Zuma and his ministry (the largest African delegation in attendance) have arrived at the 45th annual WEF, carrying the slogan “open for business”.
For the world’s worst-performing economies, 2016 will only bring more disappointment, say economists surveyed by Bloomberg.