Global Economics Focus Lessons from the Nordic financial crises of the 1990s The Nordic authorities’ handling of the early 1990s banking crises has since been hailed as being close to best practice. Nonetheless, given that a global economic upturn was a key factor behind the... 20th May 2009 · 1 min read
Global Economics Focus Will the green shoots flourish or wilt? The recent bounce in financial markets, notably equities, seems justified by the improvements in the business surveys and the stabilisation in consumer confidence. However, further large gains from... 14th May 2009 · 1 min read
Global Economics Focus Emerging Markets - another disaster? Both Latin America and Emerging Europe will enter deep recessions this year and, in the absence of a strong global recovery, the pain is likely to extend well into 2010. But whereas Latin America has... 28th April 2009 · 1 min read
Global Economics Focus The anatomy of the Great Depression of the 1930s There is still no universally accepted single cause of the Great Depression. But our analysis suggests that the main culprit for the role of catalyst was the bursting of the bubbles in the equity and... 19th January 2009 · 1 min read
Global Economics Focus Could China end up making things worse in 2009? 18th December 2008 · 1 min read
Global Economics Focus Will quantitative easing work? Quantitative easing (QE) is a potentially very powerful tool that could pull economies out of recession and deflation. However, to work fully it may have to be combined with additional measures to... 17th December 2008 · 1 min read
Global Economics Focus How far will global house prices fall? To date, only a few major economies have been afflicted by large scale falls in house prices. But all that will change in 2009. Housing is significantly overvalued across much of Europe, as well as in... 29th October 2008 · 1 min read
Global Economics Focus The road to deflation? Inflation pressures across the world are set to fade rapidly over the coming months. Indeed, with oil prices plummeting, food prices set to fall and much weaker levels of demand and activity likely to... 16th October 2008 · 1 min read
Global Economics Focus Will the BRICs win the inflation battle? We expect inflation of 4% or below in China next year, but mounting core pressures mean that Russia is likely to suffer double-digit inflation for the rest of this decade. But the policy response may... 20th August 2008 · 1 min read
Global Economics Focus Australia & Canada: explaining contrasting monetary policies The contrasting monetary polices being pursued by the Bank of Canada and the Reserve Bank of Australia (RBA) are a good illustration of why only countries with strong trade and financial links to the... 5th March 2008 · 1 min read
Global Economics Focus How worried should we all be about Chinese inflation? Chinese inflation is now at its highest in 11 years, and there seems little prospect of it falling much in the next couple of months. This has set alarm bells ringing in countries that have grown... 21st February 2008 · 1 min read
Global Economics Focus Global equities back at fair value, but returns may still disappoint 16th August 2007 · 1 min read
