emerging economies

Global Spectator, by Andrés Ortega Globalisation: factors of unity or division, depending on the circumstances

There are many dimensions to globalisation and they are constantly changing and varying in their composition: the trade in goods, capital flows (both of these are currently in decline), information flows (on the increase) and the movement of people (also rising, with huge problems). There is also cultural exchange [...]

Global Spectator, by Andrés Ortega Is the world economy seizing up? It’s not just because of China

Taking a long term perspective, much has been made of the ‘secular stagnation’ notion made fashionable by Larry Summers in 2014. It may be that we are in the midst of a long cycle or facing a worldwide readjustment or purge, partly owing to the slowdown and change of [...]

United States’ global presence: who is right? Obama or Trump?

During his last State of the Union address, the President of the United States of America, Barack Obama, sought to clear the many doubts raised by the GOP presidential candidates, namely Donald Trump, the controversial entrepreneur, as to the country’s economic strength. The disastrous and uncertain “end of cycle” [...]

Global Spectator, by Andrés Ortega No longer emerging economies, downwardly mobile

The latest report on Global Economic Prospects by the World Bank paints a worrying picture: the emerging economies have stopped doing so, or at least they will do so much more slowly. This is not a temporary phenomenon but, according to Kaushik Basu, its chief economist and vice-president, a [...]

Global Spectator, by Andrés Ortega A more global connectedness

There are many who have held the belief that globalisation was a law of nature, like gravity. But it is not, and the events of the Great Recession should stand as a warning although, unlike in the Great Depression, there has been no collapse in a process that has [...]
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