Showing 1 - 6 of 6
News, Satyajit Das, Published on 05/09/2018
» Emerging-market stresses have been building since at least 2013. Investors may have forgotten the effect of the "taper tantrum" on the so-called Fragile Five -- Brazil, India, Indonesia, Turkey and South Africa -- a term coined by Morgan Stanley to describe their vulnerability to capital outflows. Monetary accommodation, lower current-account deficits and growth disguised the underlying challenges, attracting more capital to those markets.
News, Satyajit Das, Published on 21/06/2017
» To adapt Thomas Pynchon, if the wrong question is asked, the answer doesn't matter. Today, the world seems to be consciously framing its energy problems in a way that avoids the right questions, and thus true solutions.
News, Satyajit Das, Published on 06/06/2017
» Critics of globalisation have named their enemies: those citizens of the world who, in British Prime Minister Theresa May's scornful phrase, are really "citizens of nowhere". Populist leaders are championing policies to combat such cosmopolitanism -- restricting migration, rethinking regional trade deals, pressuring companies to create jobs at home.
News, Satyajit Das, Published on 30/05/2017
» Innovation, everybody hopes, will rescue the world from economic stagnation. I'm not so sure.
News, Satyajit Das, Published on 30/11/2016
» The theme of the 2016 World Economic Forum (WEF) in Davos was the "Fourth Industrial Revolution". Professor Klaus Schwab, WEF's founder, has even published a hasty, crowd-sourced book. He warns that the scale, speed and impact of new technologies, focused on artificial intelligence, robotics, the Internet of Things, autonomous vehicles, 3D printing, blockchains and biotechnology, are "so profound" that in history "there has never been a time of greater promise or potential peril".
News, Satyajit Das, Published on 18/08/2016
» It has been a year since a sudden, 1.9% decline in the Chinese yuan rattled global markets and prompted fears of a global currency war. China has mostly soothed nerves by moderating the renminbi's swoon since then. But what should really put minds to rest is the knowledge that no one could win a true currency war today.