Yesterday crude oil prices settled at $77.43 on the New York Mercantile Exchange. After rising for many months this year, oil prices are stabilizing or falling due to the increasing unemployment levels. The price of natural gas for December delivery closed at $4.595 per 1,000 cubic feet. When oil prices rose to almost $150 per …
Continue reading ‘Charts from the BP Statistical Review of World Energy 2009’ »
An interesting chart of Real GDP Growth by Year (%) from 1970 for Advanced Vs. Emerging Economies from Global Finance magazine. Emerging markets are projected to have the best growth moving forward as per estimates from IMF. Source: Global Finance Magazine
Source: Broad Money Demand and Asset Substitution in China, Ge Wu, IMF Working Paper
“Despite the apparent strength of the banking system, the ratio of private sector credit to GDP is still low by international standards (see Chart 3). Some of the restrictions on the banking system, and the incentives for banks to hold government bonds rather than make loans, have stifled lending. Consequently, the average ratio of loans …
Continue reading ‘Charts: India’s Banks Lend Very Conservatively’ »
Source: Finance and Development, IMFÂ