Tag "GDP"
Kazakhstan stuck between falling exchange rates and oil prices
How will Kazakhstan’s economy react to the double threat of the falling ruble exchange rates and falling oil prices? Kazakhstan’s growth rate since 2010 has been above 6%, but current
Headwinds for the US and UK economies
Economies in the UK and US are bright spots in the developed world, but not quite bright enough to instill confidence. If there has been one trend across the developed
Norwegian economy sees surprise growth
The Norwegian GDP recently posted surprisingly strong growth in the second quarter, defying the recurrent warnings of an imminent economic downturn. The Norwegian economy grew faster than analysts had predicted
Chile passes ambitious reforms to avoid middle-income trap
When Chilean president Michelle Bachelet and her center-left coalition won the election last year, it was clear that reform was on her mind. President Bachelet and the National Congress have
3 reasons economists keep forecasting growth wrong
The Fed and IMF again downgraded US growth projections, as they have done repeatedly for the last five years. When the Federal Reserve and the IMF downgraded their forecasts for
Overspending in South Africa worries investors
As South Africans continue to over-spend a changing global economic environment is likely to worry investors about the narrowing market opportunities and consumer spending capacities. South Africa has, in the past
Nigeria becomes Africa’s largest economy after GDP revision
Nigeria has begun using a new base year for its GDP calculations and has added new sectors to the economy. The change in calculation has nearly doubled its GDP estimate for
ECB and Germany must learn to love inflation for Eurozone to grow
Even though the Eurozone is teetering on the edge of deflation, the ECB will not lower its rates. The European Central Bank’s (ECB) message to markets in the last year
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