Christmas quiz

Christmas

Our Christmas Quiz offers an eclectic test of knowledge of economics and business. The answers and a brief explanation of the factors at work are at the end of this note.

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Posted on 10/12/2018

Running out of workers

Workforce

The global recovery since the financial crisis has not been vigorous. But it has been running for 11 years and it has absorbed a lot of workers. Globally a record 3.3 billion people are in work, 14% more than ten years ago.

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Posted on 03/12/2018

UK growth with and without a Brexit deal

Hologram

Depending on how Brexit goes 2019 could see UK growth accelerate or almost grind to a halt. So, say two forecasting groups which have modelled the economic effects of the UK’s exit from the EU.

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Posted on 26/11/2018

Learning to live with slower Chinese growth

Deloitte-uk-leaves-growing-on-tree

In time, breakneck growth in the early stages of industrialisation gives way to slower growth. All industrialised nations experience this change as a manufacturing boom fuelled by cheap labour runs its course.

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Posted on 19/11/2018

Recessions always start out as downturns

Deloitte-uk-global-economy-recession

Slowing growth in Europe and emerging markets and October’s equity sell off have got economists pondering when the next recession might strike.

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Posted on 12/11/2018

Downs and ups in equity investing

Funds

It ended on a high note last week, but overall October was a rotten month for equities. The world equity market has just had its worst month since 2012, with the benchmark MSCI world index down 7% in October. This fall has more than reversed earlier gains, leaving the global index down 3% so far this year.

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Posted on 05/11/2018

Global Economy in Charts

Download the charts in pdf format here
Download the charts in powerpoint via SlideShare here

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Posted on 29/10/2018

Five features of Britain’s jobs market

Employment

The UK is running out of workers. At 4.0% the unemployment rate is at the lowest level since the early 1970s. This is below the rate in historically low-unemployment countries including Sweden, Denmark and Canada. A record 832,000 jobs are unfilled in the UK (two of them in the economics team). The attrition rate, the rate at which people change jobs, has shot up to its highest level since records began in 2001.

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Posted on 29/10/2018

Austerity may be dead, but what about government debt?

Pound

The financial crisis, recession and a slow recovery played havoc with the UK’s public finances, leaving the government with the largest ever peacetime budget deficit.

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Posted on 22/10/2018

Is it time to control capital flows?

Watering-money

Free market capitalism has faced intense criticism in recent years. Even that most basic tenet of the post-‘70s era, the free movement of capital and floating exchange rates, has its critics. Some on the left believe that a government set on fundamentally reforming capitalism might need to bring in controls to prevent capital leaving the country and a sharp currency devaluation.

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Posted on 16/10/2018