global economy

The risks of market contagion cannot be ignored

There is a simultaneous slowdown in the US, China, and emerging markets. Even a mild recession could tip the world back into deflation like Japan's. Fragile recovery, deflation fears... Read more

Read more about The risks of market contagion cannot be ignored

Max Walsh, 6 February 2014, The Australian Financial Review (subscription required)

global economy emerging markets China US Federal Reserve the US

Investors are facing more of the same

Its a new year and it's welcome, but investors can't look forward to much of a change. Uncertainty about the progress of both the Australian and world economies will continue and as... Read more

Read more about Investors are facing more of the same

Daryl Dixon, 12 January 2014, The Canberra Times

global economy emerging markets shares investors Australian economy Asia Australian dollar

Things are grim if we need bubbles to create full employment

The global economy is facing the risk of being locked into 'secular stagnation' with recovery remaining constrained. Larry Summers and Paul Krugman are two of the most influential... Read more

Read more about Things are grim if we need bubbles to create full employment

Max Walsh, 21 November 2013, The Australian Financial Review (subscription required)

global economy secular stagnation ageing population employment asset price bubbles recovery global financial crisis quantitative easing

Job market needs another revolution

Employment prospects, damaged by the GFC, will remain patchy at best, while economies lack the innovation and impetus for sustained growth. Jobs, not debt, are positioned to become the key... Read more