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Athens can celebrate two consecutive quarters of growth. Berlin must stomach some weakness. Everyone should remember cheap money isn’t free money.
Tim Ereneta/Flickr
Two US-based professors who improved our understanding of how contract theory works have won the 2016 award.
Waiting for Superman.
Zoltan Gabor/Shutterstock
Britain’s central bank governor Mark Carney is like a prize fighter throwing his last, limp punches.
EPA/Franck Robichon
The G7’s limited membership of like-minded countries gives it significant power to bring about meaningful economic growth.
African governments have some hard decisions to make if they want to breathe new life into the ‘Africa Rising’ narrative.
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Africa needs to navigate the difficult economic waters that lie ahead without undoing the gains of the past two decades. Success will require difficult political choices.
The economic uncertainty index shows there is still a need for strong policy responses to events that shock the economy.
JUSTIN LANE/EPA
The Reserve Bank of Australia has created a new index for uncertainty in the Australian economy based on news, financial indicators and economic variables.
A study in resilience.
Ice bath via www.shutterstock.com
Markets have been on a rocky ride all year on concerns another recession looms. Here are a few lessons we can learn from the last one.
Laying the groundwork. Workers prepare for this week’s meeting.
EPA/ROLEX DELA PENA/POOL
The world economy needs China, but Beijing has needs of its own. No wonder the leadership is putting so much effort into a year of negotiation.
Got milk? China joins the lactose lovers.
Gwendolyn Stansbury
Ignore the gloom around prospects for emerging markets. There are diamonds in the rough.
Deaton celebrates his award at Princeton on Monday.
Reuters/Dominick Reuter
The annual economics award recognises the value of micro analysis and good, old-fashioned legwork.
Taking the mic. Varoufakis.
Yves Herman/Reuters
Greece’s ‘accidental economist’ speaks to the UK’s leading minds on Syriza, the troika, and whether he’s just a little over-exposed.
Mind the gap: Britain will need to raise rates with care.
Howard Lake
Why do interest rates have to go up, and what’s stopping central bankers doing it right now?
Some in Greece could soon be mourning the death of the Euro.
Orestis Panagiotou/EPA/AAP
Conflating economic policy with morality is what could ultimately bring the EU unstuck.
Set in stone?
Robyn Thiessen
A Greek default and exit from the eurozone might cost the UK the odd billion here and there, but the real risks are in a nervous banking sector and the devastating potential of Brexit.
Is Jeb Bush’s 4% growth promise too good to be true?
Reuters
Jeb Bush recently announced his candidacy for president by declaring that “our country is on a very bad course” and promised to fix this with the striking promise of “4% growth, and the 19 million new…
The icons of state funding could submerge the rest.
Simon & His Camera
Keeping taxes lower and protecting the government services most dear to our hearts has huge implications for everyone.
No Cable extension.
Kerim Okten/EPA
The dismal science has had a dismal verdict from the UK electorate, and the new government isn’t coming to the rescue either.
The Greens’ plans to take from the rich and give to the poor might be overly optimistic.
Lynne Cameron/PA
The Greens are prepared to play Robin Hood, which probably won’t go down well with the wealthy.
Green abundance.
Lynne Cameron/PA
Imagine a radically shrunken economy with 45% of all national income reserved for the state and you’ve just scratched the surface of the Greens’ economic vision.
Try to look past the apostrophe…
Lee Haywood
The election campaign has so far skirted round the genuine dangers which face whoever is in Downing Street next month.