This month, World Bank released the “Battling the forces of global recession” , an economic update for the East Asia and Pacific Region report. The following are some interesting charts from this report that show the effects of the current global recession on these countries : 1. Industrial Production Taiwan is the worst affected country …
Continue reading ‘Charts: Economic Crisis Impact of East Asia and Pacific Countries’ »
Despite the housing market crash in many states, there are markets which are holding up well. A few of these markets are not only strong but are actually projected to show an increase in home values in 2009, as per a report by Housing Predictor, an independent real estate markets forecasting site. The Top 25 …
1.Capitalism with Chinese Characteristics–FEER Editor Hugo Restall reviews Yasheng Huang’s timely critique of China’s brand of capitalism. 2.The German government has launched a takeover bid for the bank Hypo Real Estate by offering shareholders €1.39 per stock. If they refuse, Berlin has the right to expropriate them under a new law.Berlin Launches Hypo Real Estate …
Continue reading ‘Knowledge is Power: Obama The Economic Magician Edition’ »
One of the factor that influences the performance of an economy is the external debt owed – which is the amount owed by locals to non-residents (or foreigners). According to Finance & Development of IMF’s Statistics Department, in Latin America external debt as a percentage of GDP has fallen significantly over the past five years. …
Continue reading ‘With Low Debt, Latin America Should Do Better This Year’ »