Analysis
Economy
How Singapore achieved a higher per capita GDP than the US
The economic development of Singapore under is famous as one of the greatest success stories in history. Singapore has become the only Asian country to achieve ...
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A Copernican Revolution in Western economics & China’s supply side reform
Every 4th May is National Youth Day in China. In 2016 I was invited on that day to deliver a lecture to Chinese young economists on how developments in ...
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Economic data shows claim of US ‘strong economic recovery’ was a myth
The publication of official US economic data for 2016, which shows only 1.6% US GDP growth for the year, and only 0.9% per capita GDP ...
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Why China’s social achievements are even greater than its economic ones
Attempts are sometimes made to claim that China’s gigantic economic growth, the greatest in a major economy in human history, and its measurable increases in household ...
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Economic growth & human well-being – the example of China
The following article analyses in detail the relation between economic growth and human well-being. Its focus is a comparison of China with developing and advanced ...
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Here’s why China and BRICS will drive global economic growth
It is frequently underestimated just how dependent world economic growth is on only a few countries. Strikingly, on the IMF’s latest projections, the majority of ...
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Why China will grow rich long before it grows old
One of the biggest myths about China's economic growth, which is the greatest in a major country in human history, is that it is primarily due ...
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Why the US remains locked in slow growth
SummaryThe latest US economic data confirms the US remains locked in a prolonged period of slow growth with major consequences for geopolitics and destabilising consequences ...
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Why do Western economies have hard landings but China doesn’t?
IntroductionThe media outside China periodically carries predictions of a China ‘hard landing’. For example George Soros grabbed headlines earlier this year by declaring of China: ...
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The damaging blind alley of US protectionism
The damaging blind alley of US protectionismThe following article deals with the costs to the US economy of protectionism. The specific case it deals with ...
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