by Amit KapoorBibek Debroy, 4 Oct 2019 Economic growth has raised living standards around the world. However, modern economies have lost sight of the fact that the standard metric of economic growth, gross domestic product (GDP), merely measures the size of a nation’s economy and doesn’t reflect a nation’s welfare. Yet policymakers and economists often…
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by Rosamond Hutt, 31 Jul 2019 “Sluggish and precarious. But it doesn’t have to be this way because some of this is self-inflicted.” That’s how the International Monetary Fund’s (IMF) Chief Economist Gita Gopinath recently summed up the state of global growth.
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by Jim O’Neill, Mar 22, 2019 Since the 2008 financial crisis, economic orthodoxies have been collapsing left and right. Under conditions of low unemployment, elusive inflation, weak productivity growth, and high profitability, economists in advanced economies may need to go back to the drawing board.
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by Gerardo P. Sicat, The Philippine Star, Feb 13, 2019 Current disruptions that happen as a consequence of the US-China trade war or Brexit (or, the possible exit of Britain from the European Union) will not deter the economic integration that is happening within East Asia and ASEAN.
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Most economists, as well as some the world’s business elite, agree that economic growth is slowing but policymakers have expressed some hope for a soft landing rather than an outright recession. Speaking at the World Government Summit in Dubai on Sunday, Paul Krugman said there are good reasons to be skeptical about this scenario.
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The 9-year bull market will likely end in mid-2019 or 2020, says J.P. Morgan strategist David Kelly. “We got all this sugar rush of fiscal stimulus right now,” he says. “But it’s a sugar rush.” Kelly recommends international stocks for long-term investing. Kellie Ell, CNBC.com, Jun 14, 2018 The party might be over soon for…
The global economy faces three big challenges, said Tao Zhang, a deputy managing director for the International Monetary Fund.
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https://news.un.org/en/story/2018/04/1007502 While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.
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by Reuters, DEC 13, 2017 [MANILA] The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6 per cent for this year from a previous estimate of 5.9 per cent, citing stronger than expected exports and China’s resilience.
by Paola Subacchi, Sep 8, 2017 London – This autumn, the International Monetary Fund and the World Bank will once again hold their annual conference in Washington, DC. At a time when the liberal world order that these institutions underpin is under threat, they cannot afford to stick with business as usual. Instead, they must…
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.
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