Analysis

Economy

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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China lacks innovation? Take another look

​Until recently, the big myth about China's companies was their lack of innovation. That view is now being reassessed in a series of Western studies ...
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A damaging confusion in Western economics books

Economics textbooks, particularly when discussing Keynes, frequently contain an elementary economic confusion - it should be made explicit this is a confusion in the textbooks ...
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Why China won’t suffer a Western type financial crisis

Inaccurate articles sometimes appear claiming China faces a "severe debt crisis." Factually these are easily refuted. Changyong Rhee, the IMF's Asia and Pacific Department director, ...
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Why neo-liberalism destabilised US politics

Political destabilisationBoth the Anglo-Saxon countries, the US and UK, which adopted neo-liberal Reaganite/Thatcherite policies are experiencing deep political destabilisation. Trump’s nomination as Republication Presidential candidate ...
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Deng Xiaoping & John Maynard Keynes

Introduction​The international importance of China’s economy is twofold. The first is practical - the scale of China’s economic growth, its global impact, and the consequences ...
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Europe’s crisis & the Euro – predicted in advance

IntroductionThe following article, published in September 1996, that is prior to the creation of the Euro, accurately predicted in advance from fundamental economic theory the ...
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China is right to maintain & tighten capital controls

​During 2017 China has been tightening its capital controls to prevent any export of capital from the country not required for legitimate business expansion - ...
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