A remark on property funds in the United Kingdom
In a post yesterday (see here) I said that one major issue for the United Kingdom, after the Brexit, would be the financing of its current account deficit. The deficit…
A dynamic and cyclical approach to the global economy
In a post yesterday (see here) I said that one major issue for the United Kingdom, after the Brexit, would be the financing of its current account deficit. The deficit…
The current account of the United Kingdom was in deficit by -6.9% of the GDP during the first quarter of 2016. It was -7.2% during the last three months of…
The result of the referendum on Brexit has created two types of uncertainty. The first is related to the economic momentum. We don’t know if the Brexit will create a…
Branko Milanovic (@BrankoMilan) shows, with a simple graph, one of the most important change seen since the end of last century. His question was related to real income distribution but…
Suzanne Berger, a French professor at the MIT, reminds us that globalization can stop in a very brutal and rapid way and that it is not irreversible
The deep drop in the oil price since mid-2014 reveals imbalances that could be the catalyst of future fractures for the global economy. That’s what suggest Marcello Minenna when he…
If the global economy appears to you as a chaos then you need to read again some authors that will help you to understand it. That’s what Brad DeLong, professor…
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