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Search Result for “Government debt”

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OPINION

China’s US trade plan a red herring

News, Noah Smith, Published on 22/01/2019

» There has been an unexpected development in the US-China trade war. Chinese trade officials apparently offered a huge concession earlier this month: a promise to completely eliminate its trade surplus with the US by 2024. The offer was off the record, but it's still a huge surprise, especially given the haphazard and clumsy way that President Donald Trump has chosen to fight his trade war.

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OPINION

The future is in Africa, and China has a headstart

News, Noah Smith, Published on 22/09/2018

» During the past decade, China has been investing a lot of money in sub-Saharan Africa.

OPINION

Japan should spend a little less on its well-off elderly

News, Noah Smith, Published on 29/09/2017

» When discussing Japan's debt, most people get caught up in the issue of fiscal solvency. As everyone by now knows, Japan has a very high level of debt versus gross domestic product:

OPINION

Searching for a better way of measuring inequality

News, Noah Smith, Published on 31/03/2016

» Inequality is, without a doubt, the hot topic in econ circles these days. Economics conference seminars on the subject are standing-room-only. Columns and blog posts about inequality are widely read and discussed, and Thomas Piketty's book was a bestseller.

OPINION

Two wrong theories about China

News, Noah Smith, Published on 25/02/2016

» Western observers struggle to make sense of what's happening to the Chinese economy. Since China is slowing, dragging down commodity prices and forcing a number of other countries into recession, this in an important problem to puzzle out. But how should we evaluate China's economy? I find that western writers tend to subscribe -- explicitly or implicitly -- to one of two folk theories of China. Both have serious deficiencies.