The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
School enrolment rates in sub-Saharan Africa have increased markedly in recent years, but it is failing its newly educated young by not creating jobs commensurate with their education.
Walmart’s promised wage hike will help half a million of its workers make a living, but it really just shows how much America’s working class struggles.
The economy is creating the most jobs in 15 years, but only a substantial investment in our crumbling infrastructure and underpaid workforce will ensure they last.
You know Australia’s in trouble when the Reserve Bank cuts interest rates. Last week, the central bank did precisely that, in belated recognition of the income recession that has struck. Gross domestic…
Two things stand out about the economic recovery in Britain. One is the sluggish growth in real wages. The other is the sluggish growth in productivity. That the two phenomena have coincided is no accident…
David Cameron has announced his aspiration for the UK to become a nation of “full employment”, promising that Britain will have the highest employment rate of any major world economy. This is not the first…
We are used to the idea that workers respond to financial incentives, whether it’s a bonus or wage increase, but it might be that bosses can boost workers’ performance by appealing to their altruism, not…
This year, train fares will increase by an average of 2.2%, even though wage growth in 2014 remained below inflation for many people. Inevitably this will lead to complaints of overpricing, as the government…
An opinion poll taken in the wake of George Osborne’s Autumn statement reveals that just 27% of people think the British economy is in good shape. This was a decline compared to a survey taken just three…
It has been a long road back for Britain from the economic crisis of 2007/8. The chancellor’s Autumn Statement is an indication of how he aims to keep growth on track, but the prime minister has already…
With every new product release from Apple comes all the usual media hype we have come to expect from this high-profile sector. While product launches are often discussed in terms of technological advances…
Sarah Ashwin, London School of Economics and Political Science
While Russia faces global disapproval over its role in Ukraine, president Vladimir Putin has trouble brewing at home. A shared sense of nationalist fervour had helped to underpin an approval rating that…
When the central bank governors and finance ministers from the G20 agreed in February to increase growth by at least two percentage points over the next five years, they fell short of delivering a common…