Mexico’s position and its depreciated currency is not unique in the world; since 2014 Japan has also lost about 28% of the yen’s value against the dollar and its exports have fallen around 10% since.
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Today, the central bank debate focuses on whether they should continue to use the inflation target as the main objective for monetary policies or if it should change to a nominal GDP target.
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Since early 2016, producer prices have been growing at increasing rates. High production costs create another obstacle for the struggling industrial sector.
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If banks could understand the opportunities that could be created by slightly changing the current scheme, China coud grow at a pase faster than 5%.
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When talking about economic recovery, a distinction must be made between short-term and long-term effects. We’ll label as short-term effects those that last less than a year, and as mid and long term those that last more than a year. In practice, three to five years are needed to determine if effects are long lasting or not.
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Much has changed since the Greek rescue back in February/March, 2012. The negotiation power of both parties has changed considerably. The structure of Greek debt holders flipped between private and public.
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Greece’s delayed payment on its debt, its possible default, and an eventual exit from the euro have been some of the most widely covered news stories in the media over the last weeks. What would be the implications of a Greek default? What would be the implications of an eventual Greek exit from the euro?
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The exchange rate in Japan has settled around 123.70 yen per US dollar. [1] When quantitative easing (QE) was launched in Japan in April 2013, the Japanese yen (JPY) was trading at around 95 yen per USD.
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In the West we have the notion that gambling and the concept of fortune are ingrained in Chinese culture. This is probably because gambling carries implicit notions of individualism, such as property and risk. Individualism that is a quality of the human condition but has never before been experienced by this Asian country with the same vitality as is common in the West.
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Creditors of private and government debt generally perform credit analyses, first to grant a loan or purchase bonds, and then eventually to evaluate debt restructurings.
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