There has been a remarkably strong consensus around the global economic outlook this year. The idea of a good US recovery, a mediocre euro-zone recovery and stable but more export-led Asian growth is firmly established. A widely held consensus is …
A policy decision to deflate – should President Xi stay the course – is equivalent in global scale to the decision by Fed chief Benjamin Strong to pop the US speculative bubble in 1928, causing a commodity slump that was transmitted worldwide through …
With all three undergoing significant political transitions – whether electing a new leader or experiencing a recently installed leader's first key decisions – this represents a decisive moment in shaping the global economy's future. If Narendra Modi …
FILEap Workers install scaffolding on a construction site against the China Central Television building in Beijing. Economists fear a lending bubble in China could threaten the global economy unless the Chinese government shores up its financial system …
The US is on the brink of losing its status as the world's largest economy, and is likely to slip behind China this year, sooner than widely anticipated, according to the world's leading statistical agencies. Both economies will have gross domestic …
If the world actually did collectively go vegetarian or vegan over the course of a decade or two, it's reasonable to think the economy would tank. According to “Livestock's Long Shadow,” the influential 2006 U.N. report about meat's devastating …
Compared to the last time the exercise was done in 2005, with a slightly different methodology and mix of countries, middle-income countries gained a bigger share of the world economy, at the expense of both high- and low-income peers. (Reporting by …
China is expected to overtake the US this year as the world's largest economy in terms of purchasing power of money, according to a new report. The United Nations' International Comparison Programme (ICP), conducted with the World Bank, found that …
India rose through the ranks to become the third-largest economy globally in 2011, edging past Japan in terms of purchasing power parity (PPP), as per a data released by the International Comparison Program (ICP) of the World Bank. The US and China …