China emulates India and zooms up the league table
Tag: economies
How the big emerging economies climbed the World Bank business ranking
THE CENTRAL SPORTHOTEL in Davos usually plays host to skiers intent on picturesque descents. But during the World Economic Forum in January it celebrated an eye-catching ascent. One side wall was bedecked with a poster of Narendra Modi, India’s prime minister. Its caption boasted that India had climbed 30 places in the previous year’s World […]
Rising oil prices catch emerging economies at a vulnerable moment
A crude awakening
Rising oil prices catch emerging economies at a vulnerable moment
OIL prices have a knack of jumping at the most inconvenient times. As in 2007, for instance, when the price of a barrel soared into triple digits, destabilising a world economy already heading for a financial crisis. Or, for that matter, now. At more than $ 80 per barrel, Brent crude is nearly twice as […]
Central Europe’s Goldilocks economies
THEY evoke metal gorillas in a cavernous, floodlit hall: 640 robots with riveting guns and arms for handling parts. They will spring into action this autumn at the opening of a new plant for Jaguar Land Rover (JLR), built at a cost of €1.4bn ($ 1.6bn) on former farmland in Nitra, in western Slovakia. Cars […]
Dear oil helps some emerging economies and harms others
When they are not fretting about the American dollar or Chinese debt, policymakers in emerging economies keep a close eye on the oil market. The price of Brent crude has risen by nearly 50% in the past year to around $ 80 a barrel. It ranks as the 11th-biggest spike in the past 70 years […]
Asia’s small open economies may suffer in America’s trade war
CHINA is the stated adversary in Donald Trump’s incipient trade war. But 30% of the value of the goods China exports to America is added elsewhere. If the row escalates, countries entwined in Chinese supply chains will suffer. In absolute terms, Japanese suppliers will fare worst. Japan is the country that exports most to firms […]
Blockchain could transform in-game economies
GUEST: I’ve always been fascinated by a game’s ability to replicate real-world systems. Social interactions, weather systems, and even nuanced economies are re-created digitally with almost alarming accuracy. This has always been a part of a game’s appeal: the opportunity to safely play around in a world that feels so real. Today, games are inching […]
India roars back as one of world's fastest growing economies
Published time: 12 Dec, 2017 13:37 Japanese brokerage Nomura projects the Indian economy is on the cusp of a cyclical recovery with 7.5 percent growth rate to be registered in 2018. The country’s GDP bottomed-out in the second quarter of 2017 at 5.7 percent year-on-year, rising to 6.3 percent in the third quarter, according to […]
Britain falls out of world's top 5 economies
Published time: 23 Nov, 2017 10:05 UK Finance Minister Philip Hammond admitted Britain is no longer one the five leading global economies as he delivered a gloomy budget statement in parliament on Wednesday. “Britain is the world’s sixth largest economy,” Hammond said in his budget speech to parliament. The latest numbers, published by the International […]
