Africa as an economic bloc can only matter in world economy, if there is a drastic paradigm shift in the way the economies perceive globalisation and the different kinds of capitalism, according to Kingsley Chiedu Moghalu, deputy governor, financial …
In the immediate aftermath of the September 2008 eruption of the global financial crisis, the claim was made that so-called “emerging markets,” including China, India and Brazil, would be able to decouple from the major capitalist economies and provide …
And yet much of the current uncertainty is set to dissipate. In the coming months, highly consequential policy decisions (or their absence) in systemically critical parts of the global economy will be revealed, with significant effects on growth rates …
As rich-world central banks amped up their QE programmes, many emerging markets voiced their frustration. Lower rates and higher equity prices might have been a useful thing for slumping advanced economies, but booming emerging economies risked …
Before looking at why Australia could go the same way, it is worth looking at the way in which the global economy has evolved over the past five years. In the days before the financial crisis, there were three groups of countries. In the first category …
World Bank chief economist Kaushik Basu has warned that the next year and a half will be tough for India and for the global economy. Speaking exclusively to CNBC-TV18, Basu said capital control measures and import restrictions are unwarranted in the …
By Alan Wheatley, Global Economics Correspondent. LONDON, Aug 18 (Reuters) – A blend of past and present holds the key this week to gauging global economic prospects. Month-old minutes from the Federal Reserve could offer hints on when the U.S. …
Evidence seems to be mounting that global economic activity seems finally to be accelerating-maybe even creating a more classically rapid recovery, as opposed to the rather anaemic variety we have so far enjoyed. UK economic data is already on a roll …
At the presentation titled: Africa as the Last Frontier: Why it Matters in the Global Economy, the CBN top official while speaking on globalization, said that it was not neutral, stressing that African countries could not assume that globalization was …