Asia: Global Growth Engine in 2021

1 December 2020 As the holiday season approaches, much of the world is battling a Second Wave of the Coronavirus. To be sure, world leaders are confronting unprecendented challenges, and tough decisions are required. Throughout the pandemic, many policymakers, as well as members of the media and general public, portray the options as a choice [...]

Covid in Latin America: Another Lost Decade?

5 November 2020 Saddled with high debt, Latin America's real per capita GDP stagnated between 1980 and 1995, despite a healthy global economic environment. A lost decade (Chart above). The region has suffered greatly during the ongoing Coronavirus crisis, and the economic consequences have been enormous. Despite having only 8% of the world's population, the [...]

Covid Second Wave: Bracing For a Long Winter

22 October 2020 The long-anticipated Covid second wave is here (third wave in the USA). Experts project, correctly I suspect, that as winter arrives and activity heads indoors, the rate of infection will accelerate significantly further. In the United States, for example, I would not be surprised if daily new cases rise from 50,000 to [...]

Health Care: The Big Data Revolution

The_big_data_revolution_in_healthcare - Copy Big Data is the  a Big Theme.  However, too much attention is placed on how Amazon will makes us better shoppers.  It's tranformational value -- boosting productivity -- will come when applied to solve more important economic problems.  Big Data will play a Big role in health care -- lowering costs and [...]