Discover Top Posts Tagged with #lost decades

Signs of retail optimism heading into 2019

US has a lot of power in global oil market: Global Energy Institute CEO

MbS가 역대 가장 쓸쓸한 연말을 보내겠군요ㅋ 유가라도 좀 확 반등해서 OPEC, 사우디의 체면을 살려줬으면 좋을텐데 현실은 우려하던 상황이 도래했네요 이 와중에 중국에 일본식 장기 불황이 제대로 오는 것 같다는 전망입니다 https://asia.nikkei.com/Opinion/Chinese-deflation-A-risk-for-2019

일단 중국 경제가 정부, 기업, 가계할 것 없이 채무가 과도하고 과도한 차입, 무분별한 대출로 부동산 버블도 심각하고 외부적으로는 유일무이한 초강대국이자 세계 최고 시장인 미국과 무역전쟁 중인데 시진핑은 최근까지도 결사항전 외치고 있고 여기에 그나마 중국에 대해 고무적으로 보았던 민간 창업, 벤처 붐도 민간 기업들 줄도산으로 어려워 지는 듯 보이네요 재미있는게 거의 대동소이한 내러티브가 해리 덴트 포함 많은 이들에게 이구동성으로 나오고 있습니다 :)

https://www.youtube.com/watch?v=rsAvM4XnlI4&t=62s

그간 증시폭락이건 환율이건 번번히 위기를 공산당이 어떻게 잘 넘기긴 했는데 요행을 마냥 바라긴 힘들지 않을까 싶습니다.

https://foreignpolicy.com/2018/10/15/chinas-great-leap-backward-xi-jinping/

FP 10월호 글을 보니 시진핑이 마오쪄뚱 시대를 지향하고 그의 독주를 견제해서 중용, 균형을 세력은 잘 안보이고 그간 중국이 갖고 있던 여러 고유한 장점, 유연성을 스스로 무장해제하면서 경제 위기를 자초하고 있고 이런 경제위기는 중국의 내제된 여러 모순들, 문제들을 다 수면위로 끌어올릴 것이라 전망하는데 점점 올것이 오는 눈치네요;;;

#china risk #deflation #lost decades #debt crisis #real estate bubble burst #underperforming #stateowned enterprise #xi jinping #us-china #Global Energy #harry dent #japan #ruchir sharma

The Quantity and Quality of Australian, New Zealand, Canadian, American and English & Welsh Lives, 1965 to 1995

Figure 1: increase in GDP and increase in GDP plus life expectancy GDP increase equivalent, Australia, New Zealand, Canada, USA and England & Wales, 1965 to 1995 Source: Becker, Gary S., Tomas J. Philipson, and Rodrigo R. Soares. The Quantity and Quality of Life and the Evolution of World Inequality, NBER Working Paper No. 9765 (June 2003). GDP per capita is usually used to proxy for the quality…

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#Australia #British economy #Canada #life expectancy #lost decades #New Zealand #The Great Enrichment

Is Canada diverging from Australia in labour productivity to become like New Zealand?

Figure 1 shows that Canada has been diverging from Australia in real GDP per working age person since the mid-1990s particularly since the global financial crisis. Figure 1: Real GDP per New Zealander, Canadian and Australian aged 15-64, converted to 2013 price level with updated 2005 EKS purchasing power parities, 1956-2013 Source: Computed from OECD Stat Extract and The Conference Board, Total…

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#Australia #Canada #economic geography #endogenous growth theory #lost decades

New Zealand's Experience with Territorial Taxation | Tax Foundation

New Zealand’s Experience with Territorial Taxation | Tax Foundation

New Zealand is one of only two developed countries, the other being Finland, that switched from a territorial tax system to a worldwide system.Both eventually returned to a territorial tax system for competitiveness reasons. New Zealand went one step further in their experiment with worldwide taxation by ending deferral.

This resulted in a twenty year stagnation in foreign investment at a…

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#company tax #endogenous growth theory #foreign direct investment #lost decades

When did Down Under overtake the Mother Country? Real GDP Britain, Australia and New Zealand 1820–2010

Pretty quickly according to figure 1. Britain, Australia and New Zealand quickly had similar standards of living in the middle of the 19th century until about 1880. Australia was richer for about 20 years until the great Federation drought took the wind out of its sails.

Figure 1: British, Australian and New Zealand GDP per capita (1990 Int. GK$), 1820 – 2010

Source: The Maddison-Project, http…

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#Australia #British economy #convergence #lost decades #Maddison database #New Zealand

Is the Mother Country catching up with Down Under? Real GDP per working age New Zealander, British and Australian, detrended, 1956 or –2013

Figure 1: Real GDP per New Zealander, British and Australian aged 15-64, converted to 2013 price level with updated 2005 EKS purchasing power parities, 1956-2013

Source: Computed from OECD Stat Extract and The Conference Board, Total Database, January 2014, http://www.conference-board.org/economics

Figure 2: Real GDP per New Zealander, British and Australian aged 15-64, converted to 2013 price…

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#Australia #British economy #lost decades

How can New Zealand blamed distance for its woes when international technology diffusion is speeding up

It took 100yrs for steamship technology to spread from rich to poor nations. Today tech diffuses almost instantly http://t.co/Jz3gVk8bqQ— Laurence Chandy (@laurencechandy) February 03, 2015

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#borderless world #catch up #geography #international technology diffusion #lost decades #tyranny of distance

I prefer to link MPs pay rises to reductions in the trans-Tasman per capita income gap

Real GDP per capita: Australia, New Zealand and OECD, 1950-2007