FocusEconomics Insights - Latest Posts
June 7, 2018
In an upmarket hotel in Seoul on 9 March 2016, a Korean man gently tapped two black stones against a bowl, and became immortalized as a symbol of a new industrial revolution. The man in question was Lee Sedol, one of the strongest players in the history of the ancient Chinese board game Go. He had just resigned against AlphaGo, Google’s artificial intelligence system, in a match that made waves around the world—particularly in the Artificial Intelligence (AI) community.
June 5, 2018
India has not escaped the scrutiny of the Trump administration when it comes to the two countries’ trade balance. India’s trade surplus in goods and services with the U.S. fell from USD 31 billion in 2016 to USD 28 billion in 2017. Although this was welcome news for the U.S., which wants to improve its overall trade balance with India, the reduction was not seen as large enough.
May 28, 2018
“Responsible business has always been at the heart of what we mean by ‘Making Tomorrow a Better Place’”, pledged Carillion in its last Sustainability Report. In a glossy statement issued in May 2017, the company reported that it had “made an encouraging start to the year in terms of winning new business in our chosen markets, with new orders” and had “increased revenue visibility”.
Less than a year on, the multinational construction conglomerate and notably the UK’s second-largest construction firm crumbled under the weight of mammoth debt and pension liabilities, sliding into compulsory liquidation on 15 January. It had been one of the top public service contractors to the British government under the Private Finance Initiative (PFI), winning a slew of contracts to deliver essential services across government departments including transport, defense, education and health
May 22, 2018
By Guest Author:
Professor Arthur S. Guarino, MBA, MSSc, JD, Rutgers University, Dept. of Finance & Economics
With the increased use of automation, robotics, and artificial intelligence the demand for human workers may actually see a decline in the coming years. An old idea of a universal guaranteed income for every individual is once again gaining traction given its benefits and drawbacks.
May 7, 2018
As we know, Latin America is the most unequal region in the world. This lack of equality that characterizes the region is undoubtedly a major barrier to its economic development. Why is it so difficult for Latin America to reduce inequality in a sustained way?
May 4, 2018
A sometimes overlooked region, the Central America and Caribbean economy is very important to the global economy. There is quite a bit going on in the region at the moment, including public unrest, corruption scandals and yet robust economic growth in many of the region’s economies. To get a better idea of what is happening in the Central America economy currently and how it looks for the foreseeable future, we asked some of our economists responsible for the region to give us an update. Here are their responses:
April 25, 2018
By: Daniel Solomon, PhD Economist at Euromonitor International
In this article, we analyse the impact of the U.S. and China tariff actions on their economies and consumers and explore the possibility of these actions turning into an all-out trade war between the world's two biggest economies.
April 10, 2018
With the first quarter of 2018 in the books, the global economy appears to be running fairly smoothly despite a good deal of domestic and geopolitical uncertainty in various regions across the globe. In fact, the global economy is going so well, FocusEconomics panelists expect the global economy to grow 3.4% in 2018, which would represent the strongest rate in seven years. With that said, in this post we highlight some of the economies that are growing (and shrinking) in 2018.
April 9, 2018
Historically, Latin America has relied heavily on raw materials, and price swings have set the pace of the region's economic cycles. However, from a fiscal point of view, its dependence on non-renewable natural resources, such as hydrocarbons and minerals, decreased notably between 2010 and 2016. This is the conclusion of the report Revenue Statistics in Latin America and the Caribbean 2018, produced by a group of international organizations.
April 4, 2018
By Guest Author: Professor Arthur S. Guarino, MBA, MSSc, JD, Rutgers University
Key parts of America’s infrastructure must be rebuilt immediately. But the problem becomes complicated when attempting to prioritize the projects, finding the best solution, and then paying for them.
Could stronger U.S. inflationary pressures and a weaker USD add upward price pressure on gold? Take a look at the… https://t.co/EHaep7mL3K
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In recent months, Israel has normalized relations with the Arab countries of Bahrain, Sudan and the UAE. To discu… https://t.co/16QhxqSqmQ
1 day ago
In our latest special report we surveyed 69 of the world's leading forecasters on the global economic recovery foll… https://t.co/s0cb9ZfuFi
1 week ago
Central America's economy should recover from the pandemic induced downturn next year amid a supportive base effect… https://t.co/JHWHtGk2bY
1 week ago
Emerging markets should return to growth in 2021 after pandemic-induced downturns this year, although there will be… https://t.co/KgfVUnZbsE
2 weeks ago
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