Dr. Rick C. Ernst
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Global Economy

South Korea Investing $3.7 Billion to Rebalance Economy
www.industryweek.com

"Our past… way of growth that made us one of the world's 10 largest economies has now reached its limit," Park said in a national televised speech. Asia's fourth-largest economy faces a widening imbalance with the export and manufacturing sector …

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Emerging markets now seen as biggest threat to the global economy
www.independent.ie

Investors grew even more pessimistic about the developing world in February, with a majority saying the biggest threat to the stability of global financial markets was turmoil in emerging markets, a survey showed this week.

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US Economy Grew 2.4% in Q4
www.industryweek.com

The world's largest economy grew at a robust rate of 4.1% in the third quarter but significantly lost momentum as it entered 2014. Since then, a batch of economic data has been disappointing in January and February as severe winter weather gripped much …

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IMF says reforms could add $2.25tn to global economy by 2018
www.ft.com

Efforts to rebalance, reform product and labour markets, and boost infrastructure investment could increase global growth by 0.5 percentage points a year and give a significant boost to global living standards, the report says.

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Advanced Energy Is Growing Two Times Faster Than The Global Economy
www.ibtimes.com

Global advanced energy, excluding wind power, grew twice as fast as the global economy last year, while wind energy boomed and busted over two years, according to a report commissioned by Advanced Energy Economy (AEE). Is Advanced Energy The …

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The Evolving Global Economic Crisis
www.counterpunch.org

Much like a perfect storm at sea is the consequence of three converging bad weather fronts, three significant global economic trends have begun to intensify and converge in recent months: (1) a slowing of the China economy and a parallel growing …

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Brian Fallow: Global economy a tax headache
www.nzherald.co.nz

Finance Minister Bill English. Photo / Mark Mitchell. Large chunks of the tax base resemble icebergs, drifting north into the warm waters of the global and digital economy. Policymakers have a term for this: "base erosion and profit shifting" – BEPS …

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How Barbies and Legos explain the global economy
www.washingtonpost.com

Barbie may be queen of the Malibu Dreamhouse. But could she rule the hardened Danish castle known as the Lego Group? Mattel, which became the world's biggest toy company on the strength of Barbie's calves, is hoping to keep that spot with an assault …

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The Simple Metal Mechanism That Changed The Global Economy Forever
www.gizmodo.com.au

Have you ever heard of a twistlock? Unless you're a stevedore, probably not. Yet this little mechanism is what makes it possible to stack shipping containers onto cargo ships larger than city blocks — enabling a global trade network that brought most …

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