Analysis

Analysis

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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The real reason for the US South China Sea provocation

On July 12, the Permanent Court of Arbitration in The Hague issued a pre-arranged declaration supporting some Philippines claims against China in the South China ...
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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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The US is attempting to impose an international ‘economic dictatorship’

The US issuing almost simultaneously a series of economic ‘demands’ to China, and withdrawing from the nuclear arms agreement with Iran and re-imposing sanctions on ...
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A “nova mediocridade” do Ocidente e a ascensão econômica da China

N​o recente artigo “A chegada do século da economia chinesa”[1], Justin Yifu Lin, ex-economista-chefe do Banco Mundial, argumentou que o centro mundial da teoria econômica ...
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The most important book on economic growth to have appeared for many years

Vu Minh Khuong's The Dynamics of Economic Growth is the most important book on world economic growth to have appeared for many years. It is for that reason (full ...
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