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Future of economic growth
Published On: April 16, 2019 12:25 AM NPT By: Jim O’Neill
MANCHESTER – Last month, I wrote about the growing divide between economic theory and real-world economic conditions, and reminded readers that economics is still a social science, despite whatever loftier ambitions its practitioners may have. Nonetheless, when it comes to the specific question of what drives economic growth in the long term, one can still offer rigorous predictions by focusing on just two forces.
Whither Chinese consumer?
Published On: January 14, 2019 12:30 AM NPT By: Jim O’Neill
By 2020, Chinese consumers would be more relevant to the global economy than anyone except Americans
Trump’s war of choice
Published On: December 19, 2018 12:30 AM NPT By: Jim O’Neill
China is justified in pursuing the policies that it sees fit, at least until evidence emerges that its own people object to the course it has charted for itself
Will Italy sink Europe?
Published On: October 25, 2018 12:30 AM NPT By: Jim O’Neill
The European Commission, the European Central Bank, and the German government have erred in insisting on rigid enforcement of the EU Stability and Growth Pact, particularly the three percent of-GDP cap on fiscal deficits
Global economy ten years after
Published On: September 13, 2018 12:10 AM NPT By: Jim O’Neill
Much will be said about the tenth anniversary of the 2008 financial crisis, so I will focus on the global economy, which has not been nearly as weak as many seem to think.
Turkish market timebomb
Published On: August 19, 2018 01:05 AM NPT By: Jim O’Neill
LONDON – Turkey’s falling currency and deteriorating financial conditions lend credence, at least for some people, to the notion that “a crisis is a terrible thing to waste.” I suspect that many Western policymakers, in particular, are not entirely unhappy about Turkey’s plight.
Why the G7 is a zero
Published On: June 17, 2018 12:30 AM NPT By: Jim O’Neill
It has now been 17 years, and the G7 is still serving little other purpose than to keep its member states’ civil servants busy
What universities can do
Published On: May 21, 2018 12:30 AM NPT By: Jim O’Neill
British universities should find more ways to contribute to UK’s economy, so that it can continue to compete with other advanced economies after Brexit
“Next Eleven” and World Economy
Published On: April 23, 2018 01:30 AM NPT By: Jim O’Neill
The N-11 never acquired the cachet of the BRIC acronym, having a significant impact on the world economy in future
Missing the forest for Xi
Published On: March 18, 2018 12:30 AM NPT By: Jim O’Neill
China has lifted hundreds of millions of people out of poverty without adhering to Western approach
Pay-or-play capitalism
Published On: February 14, 2018 12:21 AM NPT By: Jim O’Neill
All companies need to embrace the principle of enlightened self-interest, and recognize that a healthy society is better for their own business in the long run.
China’s irresistible rise
Published On: February 4, 2018 12:59 AM NPT By: Jim O’Neill
British trade negotiators should take note: after Brexit, the Chinese market will be more important to the UK economy than ever.
Antimicrobial resistance
Published On: January 29, 2018 12:30 AM NPT By: Jim O’Neill
Policymakers and business leaders will pay attention to how their generic drug producers score so that they can make improvements.
Good times at last?
Published On: January 15, 2018 12:19 AM NPT By: Jim O’Neill
My experience suggests that economic situation is not quite as straightforward
CCP: What’s at stake?
Published On: October 23, 2017 06:50 AM NPT By: Jim O’Neill
LONDON: This month, international media are understandably focused on the Chinese Communist Party’s 19th National Congress, a carefully choreographed event that will reveal who’s “in” and who’s “out” with Chinese President Xi Jinping.
Swiss lessons
Published On: September 17, 2017 12:21 AM NPT By: Jim O’Neill
LONDON: I recently took a trip to Switzerland—a remarkable country that I have been fortunate to visit many times over the past 40 years. In addition to having a good time, I found a Swiss perspective useful to reflect on the state of the world and its economic vitality.
Against antibiotics
Published On: July 16, 2017 12:30 AM NPT By: Jim O’Neill
To win the war against antimicrobial resistance, we must stop doling out antibiotics like sweets.
Halting UK’s slide
Published On: June 18, 2017 12:30 AM NPT By: Jim O’Neill
Maybe it is not the politicians alone who are mad in Britain. Perhaps many voters are too.
Taking growth seriously
Published On: May 18, 2017 12:15 AM NPT By: Jim O’Neill
Contrary to popular belief, world growth hasn’t been especially disappointing so far this decade
Trade truths
Published On: March 9, 2017 12:25 AM NPT By: Jim O’Neill
If trends from last 10-15 years continue, China could soon supplant Canada and Mexico as America’s most important export market
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