Following on from our previous contribution on the financial and behavioural economics website eZonomics that looked at the sustainable growth rate, our latest column looks at a growth recession. Recession is normally the opposite of growth – the economy contracts rather than expands. The term growth recession describes an economy that is not in technical recession but that is not expanding fast enough to keep unemployment from rising.
Working with the CBI on report on tax and business
We worked with officials at the CBI to finesse a high profile report they had produced on the arguments around the share of taxation revenue paid by business and over the issues of tax planning and avoidance. The report received a large amount of media attention and comments from leading observers when it was published. A link to the report is here.
Listening to key voices in Brussels
We were invited to a seminar organised by the European Journalism Centre looking at economic governance of the European Union and eurozone. It took place the day after eurozone finance ministers agreed terms of the second, €130bn bailout for Greece. The seminar saw several journalists and writers from across the EU debated the issues with senior Brussels officials, country ambassadors and leading figures at some of the top think tanks.This article in Financial Director magazine came as a result of that event.
Advice and re-rewiting of economic forecast report
We were asked to advise on how to rewrite the executive summary of the launch version of a Global Economic Forecast report published by the CGMA (Chartered Global Management Accountant) that was based on a survey of its members. We recommended restructuring the report and we re-wrote the copy. The full report is here.
What is…a sustainable growth rate?
Our latest contribution to the ‘What is…?’ section of the personal finance and behavioural economics website eZonomics looks at the sustainable growth rate. It looks at how this concept fits into the way economies develop over time and i hownterest rates are set. But it also looks at the implications for ordinary people both as jobseekers and investors. The article is here.
Exclusive interview with Jeffrey Sachs
We interviewed Professor Jeffrey Sachs about his self-nomination for the presidency of the World Bank. In the 20-minute interview he talked about seeking support from Latin American nations attending the IABD meetings on 16-18 March, his own credentials for the post and what his reform agenda would be. He also talks about his discussions with the White House over seeking the US Government’s backing as well as whether in fact a non-American should run the Bank.the report in Emerging Markets newspaper is here and a transcript of the interview is published here.
Financial contagion explained on eZonomics website
With the Greek bail-out hanging in the balance and concerns mounting that a default could trigger a domino effect across the eurozone, this is a good time to look at financial contagion. Our latest article for the personal finance and behavioural economics website eZonomics looks at the very recent usage of the term, what it means and how investors can avoid the behavioural traps that can increase their risk of suffering losses in the case of another outbreak of financial contagion. The article is here.
