Discounting the Intergenerational Report

Why do we need an IGR that merely regurgitates what the Government has already claimed about its own policies? An inter-generational report must be an independent and rigorous review of the evidence about policy outcomes to be of any use in the necessary debates about growing our wealth or maximising our opportunities. The current edition is…

Are the BRICS ready to lead?

His guess? "No, not yet". He points out the BRICS are dominated by one country, China, that is still dependent on foreign demand for its economic strength rather than on its domestic resources.

Chinese savings rate & the gender balance

Tea leaves

If this is not merely a temporary effect of the stimulus but the start of a long-term shift of industrial production away from China's coast it would not be a surprise to find that it was oriented more strongly toward supplying domestic demand than export markets. Transport and handling costs, for example, would make domestic markets…

Shorting common sense