Tag "Inflation"
7 spoilers to look for after Saudi migrant labour reforms
After decades of relying on migrant labour for most menial labour positions throughout the economy, the Saudi government is cracking down on illegal migrant workers. However, several problems may jeopardise the positive
Deflation risk is the next policy challenge for the ECB
With the latest inflation data of the euro area, fighting the risk of deflation is a new policy challenge for the ECB. While the interest rate cut has been a
China’s central bank stands alone against inflation
Renminbi internationalization may work against the Chinese central bank’s effort to tighten liquidity and curb rising inflation. Commercial banks will also have bigger leverage over the central bank as more
Venezuela’s President Maduro seeks greater autonomy
After six months as president, Hugo Chávez’s handpicked successor, Nicolás Maduro, has made an official request to parliament to rule by decree. The President has spoken out against the corruption
Energy Prices Drive Inflation in Japan
Japan’s efforts to increase inflation are getting a boost from energy prices, yet overall inflation rates continue to be below government targets of 2%. Inflation up Japanese consumer prices increased
Assad’s Economic Lifeline is a Stable Syrian Pound
The Syrian revolution has raged for nearly two and half years, resulting in excess of 100,000 deaths and the immense destruction of the country’s infrastructure. An uprising spurred by discontent
Competitiveness Report Digest Part II: The Levant and North Africa
See Part I for an introduction to the Arab World Competitiveness Report 2013. Just as the Gulf countries exhibit similar strengths and weaknesses, countries of the Levant and North Africa
Interview: Professor Marcelo Simon on Argentina’s Economic Future
A decade after Argentina’s historical financial collapse, foreign investors are returning to the once 5th wealthiest economy in the world. Lured by its resource abundant land, highly literate population and
Reasons for optimism in Venezuela
With Hugo Chavez’s death, there are hopes that the excesses of Chavismo will be rolled back, as Venezuela needs to tackle its systemic economic problems. It is easy to get
If Abenomics is to succeed
The Bank of Japan’s quantitative easing program cannot by itself guarantee success of Abenomics. So, what additional developments should we look out for? It is obvious to anyone who pays
