22 January 2023 In addition, China's shrinking population will continue to shape both the nation's long-term economic strategy, and the government's short-term policy focus. In particular, with inflation low, monetary and fiscal policy will need to remain stimulative. However, government spending priorities will need to be altered dramatically. This shift will not only support China's [...]
Tag: productivity
China: 2023 May Be Even Tougher than 2022
28 October 2022 At China's recently concluded 20th Communist Party Congress, Xi Jinping was re-elected to an unprecedented third term as Party leader. Xi now appears set to lead both the Party and government for the next five years, and likely even longer. With political power now secured, can the same be said about the [...]
China: Tiger Needs a Red Packet
6 February 2022 During the past two Covid-strickened years, China's economic growth has outperformed global activity. Indeed, while output in developed nations contracted nearly 5% in 2020, the Chinese economy actually gained 2%. Likewise, China's 8% recovery in 2021 outpaced the 5% rebound in the world's richer countries. Behind the headlines, however, the news has [...]
Ireland: The Brexit Victor?
13 January 2021 There are no winners in Brexit, or so they say. In the recently agreed EU-UK Free Trade Agreement (FTA), the United Kingdom was able to "regain control" of its immigration policy, to maintain tariff-free access to the EU Single Market (for now at least), to regain the ability to negotiate independent trade [...]