To understand what Prof Nolan means by this, one must understand his view of what has happened during three decades of technology-driven global economic integration. The world economy has been transformed, he argues, by the emergence, through …
On Tuesday, the International Monetary Fund cut its U.S. and global economic forecasts for this year and next, citing primarily slower growth in key developing nations as well as a deepening recession in the Eurozone. The IMF also noted that federal …
But at some point they're going to give up on the foolishness of supporting the U.S. trade deficit and focus more on their domestic economy, rather than on competitive devaluation to support exports. The fact is, they collectively have been giving the …
“The Asian economic crisis, currency devaluation and speculation in stock and property coincided with the completion of the Petronas Towers in 1997. At 1,483 feet, the Petronas Towers were the tallest buildings in the world and heralded a crisis in …
But at some point they're going to give up on the foolishness of supporting the U.S. trade deficit and focus more on their domestic economy, rather than on competitive devaluation to support exports. The fact is, they collectively have been giving the …
If properly used and not frittered away. If a software professional's salary is in rupees but earnings are in dollars, then you are competitive. … your competitiveness by 20%. We must focus on using this currency devaluation as a tool for economic …
In 2010, Brazilian Finance Minister Guido Mantega warned of the possibility of "currency wars," as countries sought to devalue their exchange rates to gain competitive advantage. Brazil's economy may currently be less in favor internationally, but that …
Billionaire Warren Buffet waves after arriving at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, Tuesday, July 9, 2013. (AP). Dick Costolo, CEO of Twitter, arrives at the Allen & Company Sun Valley Conference in Sun Valley, Idaho …
But the experiment found flaws: Few needy people were participating, in part because most Panera locations in the region are in middle-class and affluent areas; and after an initial surge of publicity and marketing, awareness about the meal dropped off.