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Any move away from the present sell-then-build (STB) model to a build-then-sell (BTS) system for the housing market will have both upsides and downsides.
Indebtedness is a well-recognised global phenomenon, and Malaysia is of no exception.
SINGAPORE: While United States president-elect Donald Trump has threatened to impose blanket tariffs on imports, the greater danger for South-east Asian countries is the risk of being flooded by cheap Chinese goods which have been shut out of the American market, say analysts.
How are banks responding to an era of massive technological disruption and the prospect of lower interest rate margins as global interest rates fall?
The Federal Reserve has raised interest rates, but the stock market is still doing well. Some people believe that this is a sign of economic recovery, but scientists are warning about the effects of El Nino and the Gulf Stream.
As emerging and developing economies (EMDEs) navigate a turbulent world of intense geopolitical rivalry and worsening climate change, the question of a new development model is top of the growth agenda.
SHANGHAI: China may signal more policy adjustments to stabilise the real estate market as a regulatory official recently noted that “bubble signs and the financialisation trend in the country’s real estate sector have been substantially reversed”.
WHERE is Wall Street going in the post-pandemic world? Finance is supposed to serve the real economy (Main Street), but the US and global economies are in the midst of a pandemic and recession, while Wall Street profits are higher than ever.
The US money supply is falling at its fastest rate since the 1930s, a red flag for the economy and financial markets. Money supply has now been shrinking year-on-year since December, an unprecedented development in modern times that should make investors sit up and take notice – growth, asset prices and inflation could all weaken.
Twenty-five years ago, Harvard professor Samuel Huntington penned an influential article on the “West and the Rest”. Building on his 1993 classic “The Clash of Civilisations”, he argued that the West has won the Cold War, but it cannot flourish in a more hostile world until it abandons its universal aspirations.
I WAS dismayed to read about the financial troubles facing Goldsmiths, University of London, reported in a recent Times Higher Education article (Deficit-hit Goldsmiths ‘at sharp end of financialisation of HE’, Jan 11, 2022).
HARVARD Business School (HBS) is in the middle of celebrating the 100th anniversary of the case study teaching method, and is doing so with the aplomb that you would expect from the world’s richest business school.
OVER the weekend, top central bankers convened (some by zoom) in Jackson Hole, Kansas, to discuss “Macroeconomic Policy in an Uneven Economy.”
MAN and nature are running out of time. That’s the core message of the UN Inter-governmental Panel on Climate Change (IPCC) report released this week.
COMING out of the 2008 global financial crisis, it took too many too long to recognise that the economic shock was more structural and secular rather than cyclical. The result was a policy response that, while effective in dealing with the immediate emergency, proved insufficient for longer-term economic well-being.
MANILA (Bloomberg): After a year of heavy lifting to keep the Philippine economy afloat during one of the world’s longest lockdowns, it’s time for the Bangko Sentral ng Pilipinas to stay on the sidelines, a former deputy governor said.
LATE last month, the Biden administration unveiled a US$2 trillion (RM8.28 trillion) infrastructure programme that aims to modernise American infrastructure. The American Jobs Plan has four major spending components over eight to 10 years.
Business as usual is dead. What shaped economic analysis and policy over the last forty years has failed us. We need urgent structural rather than incremental reform.
