A recession is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Talking to journalists a short while later [Robertson] conceded that the Budget financial figures would show a deterioration relative to the last
Robert Hughes aier.org Robert Hughes joined AIER in 2013 following more than 25 years in economic and financial markets research on Wall Street. Bob was formerly the head of Global Equity Strategy for Brown Brothers Harriman, where he developed equity investment strategy combining top-down macro analysis with bottom-up fundamentals.
Kelvin Kemm cfact.org Dr Kelvin Kemm is a nuclear physicist and CEO of Nuclear Africa (Pty) Ltd, a project management company based in Pretoria, South Africa. He is the recipient of the prestigious Lifetime Achievers Award of the National Science and Technology Forum of South Africa. He does international
Bryce Edwards Victoria University of Wellington – Te Herenga Waka democracyproject.nz Dr Bryce Edwards is Political Analyst in Residence at Victoria University of Wellington. He is the director of the Democracy Project. Warning Long read: 1891 words The government promised a major reform of New Zealand’s immigration system, but
Simon Black sovereignman.com Simon Black, as James Hickman is more commonly known, is the Founder of Sovereign Man. He is an international investor, entrepreneur, and a free man. Warning Long read. 1376 words. By the early Spring of 1696, England was on the brink of a major currency crisis
As I recently wrote, Sri Lanka is facing economic collapse and even famine, solely as a consequence of its government’s decision to mandate organic farming across the country. Consider it a cautionary tale and get ready to tighten your belts: the same may yet happen here. The world is
Information Opinion Nothing contained in this opinion piece constitutes a solicitation, recommendation, or endorsement. It should not be taken as professional and/or financial advice. Just over a week ago a small event occurred that I didn’t pick up on until earlier today when it was drawn to my
I always say this. The economy is like a juggernaut, or a massive cruise liner: it takes a long time to change its direction. Labour has enjoyed the positive effects of John Key’s ‘rock star’ economy for the first four years of their government, because it takes a long
Mary The Australian Labor Party’s solution to the difficulties first homeowners face getting into the market has rightly been criticised on a number of fronts. The scheme has all the appearances of having been thought up on the run by people with little real-world experience. Questions have been raised
What absolute twaddle! Of course, my net worth is not zero! I have assets such as: A Healthy Bank Account. Well, just make sure that you do not donate any money to a cause the government then decides it does not like. Look what happened to those who legally donated
How’d’ya like them apples, Jacinda? After five years of politely enduring constant sniping and cattiness from his New Zealand counterpart, Australian PM Scott Morrison has lobbed a big ol’ return serve right across the Tasman. You think things are bad in Australia, Morrison says? Just be thankful you’
Alex Domash Lawrence H. Summers Harvard Kennedy School Alex Domash is a Research Fellow in the Mossavar-Rahmani Center for Business & Government at the Harvard Kennedy School, and a Fellow at the Center for Global Development. He has previously worked as an Economist for the World Bank. Lawrence H. Summers
Carlos Carrillo-Tudela Alex Clymo David Zentler-Munro University of Essex Carlos Carrillo-Tudela is a Professor of Economics at the University of Essex, UK. He is also a co-editor of Labour Economics, The Official Journal of the European Association of Labour Economists (EALE). Alex Clymo is an Assistant Professor at the Economics
Chatting to friends at dinner in a West Coast town last week, we were discussing the fact that many of the local businesses seem to be struggling. Covid is part of the problem of course, as the virus has finally arrived here but it is obvious that this is not
Whenever pundits have blithered about the Rise of China, over the last decade or so, I’m inclined to point out two things. First, remember when the Soviet Union was the rising economic powerhouse? In the early 1980s, chin-stroking analysts were adamant that the Soviet economy was surging past the
