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Search Result for “interest rate”

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BUSINESS

What America's Economy Needs from Trump

Business, Joseph Stiglitz, Published on 21/11/2016

» Donald Trump's astonishing victory in the United States presidential election has made one thing abundantly clear: too many Americans feel left behind. It is not just a feeling; many Americans really have been left behind. It can be seen in the data no less clearly than in their anger. And an economic system that doesn't "deliver" for large parts of the population is a failed economic system. So what should President-elect Trump do about it?

BUSINESS

A better economic plan for Japan

Business, Joseph Stiglitz, Published on 26/09/2016

» It's been a quarter-century since Japan's asset bubble burst -- and a quarter-century of malaise as one "lost decade" has followed another. Some of the criticism of its economic policies is unwarranted. Growth is not an objective in itself; we should be concerned with standards of living.

BUSINESS

What's Holding Back the World Economy?

Business, Joseph Stiglitz, Published on 15/02/2016

» Seven years after the global financial crisis in 2008, the world economy continued to stumble in 2015. According to the UN report "World Economic Situation and Prospects 2016", the average growth rate in developed economies has declined by more than 54% since the crisis. Some 44 million people are unemployed in developed nations, about 12 million more than in 2007, while inflation has reached its lowest level since the crisis.