Economics and International Affairs Blog
A politically independent blog by Vivekanand Jayakumar
Wednesday, June 12, 2019
America's Longest Economic Expansion
The US Economy’s Strange Decade
https://www.project-syndicate.org/commentary/america-weak-productivity-growth-jobs-wages-by-larry-hatheway-2019-06
U.S. Economy Celebrates 10 Years of Growth, But No One’s Partying
https://www.bloomberg.com/news/articles/2019-06-06/u-s-economy-celebrates-10-years-of-growth-but-no-one-s-partying
Democracy and Capitalism - Symbiotic Relationship?
How compatible are democracy and capitalism?
https://www.economist.com/finance-and-economics/2019/06/11/how-compatible-are-democracy-and-capitalism
Martin Wolf’s brilliant piece is worth reading:
The case for capitalism
https://www.ft.com/content/d8b903d0-4bfe-11e9-bbc9-6917dce3dc62
Related:
Enlightened Capitalism
https://vivekjayakumar.blogspot.com/2019/04/enlightened-capitalism.html
Book Recommendation
:
Ponzi Schemes and Debt Obligations
The saga of a Florida real-estate district calls into question the power of some debt covenants.
https://www.bloomberg.com/opinion/articles/2019-06-12/ponzi-scam-and-bond-protections-collide-in-oppenheimerfunds-case
Tuesday, June 11, 2019
Measuring GDP - A Challenging Task
India's GDP - Statistical Challenges in Accurately Estimating GDP:
India’s GDP Mis-estimation: Likelihood, Magnitudes, Mechanisms, and Implications
https://growthlab.cid.harvard.edu/files/growthlab/files/2019-06-cid-wp-354.pdf
Controversies Surrounding GDP
https://www.newstatesman.com/politics/economy/2019/06/why-we-urgently-need-real-alternative-gdp-economic-measure
The Inclusive Development Index 2018
http://www3.weforum.org/docs/WEF_Forum_IncGrwth_2018.pdf
Education and the Inequality Debate
Better Schools Won’t Fix America
https://www.theatlantic.com/magazine/archive/2019/07/education-isnt-enough/590611/
Nick Hanauer
states:
Like many rich Americans, I used to think educational investment could heal the country’s ills—but I was wrong.
Latin America - Challenging Economic Landscape
Halting Latin America’s Economic Slide
https://www.project-syndicate.org/commentary/latin-america-slow-growth-poverty-investment-by-mauricio-cardenas-2019-06
Why Latin America’s economies are stagnating
https://www.economist.com/the-americas/2019/05/30/why-latin-americas-economies-are-stagnating
Populism and polarisation threaten Latin America
https://www.economist.com/briefing/2019/05/11/populism-and-polarisation-threaten-latin-america
Argentina’s Economic Misery Could Bring Populism Back to the Country
https://www.nytimes.com/2019/05/10/business/argentina-economy-macri-populism.html
Latin America’s Weak Economic Recovery
https://www.project-syndicate.org/commentary/latin-america-economic-growth-recovery-reform-by-jose-antonio-ocampo-2018-12
Deluded and Disappointed, Economists Rethink Brazil's Future
https://www.bloomberg.com/news/articles/2019-05-29/deluded-and-disappointed-economists-rethink-brazil-s-future
Brazil’s Damaged Engine Signals Disappointing Growth Ahead
https://www.bloomberg.com/news/articles/2019-05-02/brazil-s-damaged-engine-signals-disappointing-growth-ahead
African Kingdoms - History
Africa’s Lost Kingdoms
https://www.nybooks.com/articles/2019/06/27/medieval-africa-lost-kingdoms/
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