Dr. Rick C. Ernst
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Global Economy

Global economy's recovery is a sheep in wolf's clothing
www.marketwatch.com

Investors assume that the global financial crisis is now ancient history and normality has returned. But while financial markets are buoyant, the real economy remains moribund, stuck in a “secular stagnation” of low, volatile growth, high and rising …

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The 'humble hero' of the global economy: containers
america.aljazeera.com

Globalization may have inadvertently spread the belief that goods appear on the shelves of retail stores spontaneously, or at least without much effort. For an average consumer, the ease of each purchase, particularly an online purchase, is also a …

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Canadian dollar rises for third day amid improving global economy
www.vancouversun.com

TORONTO – The Canadian dollar gained ground for a third day Wednesday amid generally lower commodities and an improving global economy. The loonie rose 0.39 of a cent to 94.32 cents US. That's a good US cent higher than late last week when the …

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Euro On A High As Global Economy Stabalizes
www.benzinga.com

The euro worked its way towards $1.38 on Tuesday morning after Monday's data confirmed that the global economy was on the mend. The common currency traded at $1.3752 at 5:15 GMT on Tuesday as investors looked to strong data from China and the US …

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UPDATE 2-The sooner Fed tapers, the better for world economy -Brazil cbank
www.reuters.com

BRASILIA Dec 10 (Reuters) – The sooner the U.S. Federal Reserve starts to scale back its massive economic stimulus, the smoother the transition will be for the global economy, Brazilian central bank chief Alexandre Tombini said on Tuesday. Tombini told …

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Global economy to pick up pace next year: Mohamed El-Erian, Pacific …
economictimes.indiatimes.com

… time tracking your investments. The world economy will enjoy faster growth next year, as improvement in the US and the euro area offsets slowdowns in China and Japan, said Mohamed El-Erian, chief executive officer of Pacific Investment Management Co.

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Why is South Africa's Economy the Slowest in the Sub-Saharan Region?
www.ibtimes.com

“The less robust growth in South Africa is partly a function of it being much more integrated into the world economy, through trade and financial linkages,” said Francois Groepe, deputy governor of the South African Reserve Bank, in an October speech.

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The changing landscape of the global energy economy
arstechnica.com

GOTHENBURG, SWEDEN—In the Monday morning session of the Nobel Week Dialogue, Fatih Birol, the person at the International Energy Agency who produces the group's World Energy Outlook reports, gave an overview of the global energy economy.

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That gloomy Summers
www.upi.com

There are some underlying factors that support the Summers hypothesis that this anemic performance of the global economy is going to last for a long time. Above all, the great demographic surge is over except for sub-Saharan Africa. In 1926, there were …

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