Economics
3 factors that will affect China’s GDP growth rate this year
Economists and China watchers alike have waited for news on whether China’s growth will remain high. Contrary to popular belief, a decline in growth would actually signify effective implementation of
Renminbi depreciation poses risk to Chinese economy
In the last couple of weeks, the Renminbi has lost nearly half of its 2013 appreciation against the U.S. dollar. Investor speculation and central bank monetary policy may both be
Businesses absorb cost of rising corruption in the EU
Why make a risky investment in Europe, when you can take a similar risk with the prospect of higher returns in the developing world? With corruption levels rising, this is
Lebanon’s new cabinet unlikely to save economy
The newly formed coalition is unlikely to solve the many challenges facing Lebanon. As the Syrian crisis continues to take its toll on the economy, Lebanon must shift its short-term
Prospects improve for China-Pakistan economic corridor
Pakistan and China recently signed agreements to build a new airport and upgrade the Karakorum Highway in Balochistan, demonstrating further commitment to a China-Pakistan Economic Corridor (CPEC). Recently signed agreements
Fed debates changing forward guidance
The quickly falling US unemployment rate has caused the Federal Reserve to reevaluate how it communicates when it will raise interest rates. Recently released minutes of the Federal Reserve’s last
Russia’s single-industry cities pose risk to economy
The issue of failing monogoroda, or single-industry cities, is rapidly becoming one of the most pressing economic issues and sources of political risk within the Russian Federation. The Russian government
Corruption remains key to Russia’s economic stagnation
Corruption is widespread throughout the executive, legislative and judicial branches at all levels of the Russian government. The Russian authorities recognise that corruption is a major problem and have implemented a