11.9 C
Washington
Wednesday, October 27, 2021

Economics

The race to redefine cross-border finance

SWIFT enabled a surge in global payments over the decades. Now it faces threats from challengers—and is fighting backIN 1977 A string of 12...

A triple shock slows China’s growth

THERE IS A scene in “Manufactured Landscapes”, a documentary released in 2006, in which Edward Burtynsky, a landscape photographer, seeks permission to take pictures...

A new study finds that dirty money remains easy to hide

Banks and corporate-service providers barely differentiate between clean and risky clientsA BOOK PUBLISHED in 2014 shook the world of offshore finance. “Global Shell...

Chinese companies suffer an intense cash crunch in offshore bond markets

Spreads on junk bonds are at their highest everGLOBAL INVESTORS are all too aware of the discount on the valuations of mainland firms as...

How to think about the unstoppable rise of index funds

They deserve scrutiny, not panicTHE HISTORY of modern finance is littered with ideas that worked well enough at small scale—railway bonds, Japanese skyscrapers, sliced-and-diced...

The IMF decides to keep its boss

But not everyone is happyIT TOOK 24 days and seven bureaucratic steps to start a business in Beijing, according to the World Bank’s report...

Another upward force on American inflation: the housing boom

Property could join energy, shipping, used cars and wages as a contributor to rising consumer pricesFROM ENERGY and used cars to wages and shipping,...

Germany’s workers are in the strongest position in 30 years

And they are demanding more payA HIGHLY SKILLED workforce, harmonious labour relations and restrained wage growth: all have long underpinned Germany’s economic success. But,...

Wages are surging across the rich world

What it means for the economic recoveryNOT LONG ago pundits obsessively checked the latest statistics on covid-19 cases. Now they are doing the same...

The Nobel prize in economics celebrates an empirical revolution

David Card shares this year’s award with Joshua Angrist and Guido ImbensA “CREDIBILITY REVOLUTION” has transformed economics since the 1990s. Before that, theory ruled...

Latest news

spot_img