Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Category: Economic Conditions and Trends
New Mexico’s Spaceport America Is an Economic Dream Deferred
Long a priority of local officials, the desert launchpad is sending tourists into space, but taxpayers and merchants are waiting for the payoff.
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
How China Mourned Li Keqiang Online, Until the Censors Stepped In
An outpouring on social media for Li Keqiang, the former premier who died Friday, reflected public grief for an era of greater growth and possibility.
China Bet It All on Real Estate. Now Its Economy Is Paying the Price.
After relying on a borrow-to-build model for decades, Beijing must make difficult choices about the country’s housing market and economic future.
Yellen May Face Questions in Morocco Over U.S. Dysfunction
Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.
Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.
China Is Full of Risk For U.S. Companies
Doing business in China, once seen as a can’t-miss opportunity, poses a troubling dilemma: Reasons to stay can be as compelling as the reasons to retreat.
China’s Biggest Homebuilder Fights to Survive as Economic Crisis Deepens
Once considered a survivor of China’s real estate turmoil, Country Garden is now at the center of the crisis and threatens the broader economy.
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
The United States is trying to lessen its dependence on Chinese goods, but research is showing how tough it is to truly alter global supply chains.