South Asia Regional Integration
Intra-regional trade in South Asia is among the lowest in the world - just 5% of national output compared to 25% for the ASEAN region. This World Bank video looks at the importance of regional...
Turkey in Transition: The Path to High Income
A short video report from the World Bank on the challenges facing Turkey in the next phase of their development path.
Russia raises interest rates to 17% to protect the currency
One of THE important global macroeconomic stories to keep up to speed with in the weeks and months ahead. The Russian economy is being hit by the external shock of the steep fall in global crude...
Co-Op Bank fails Bank of England stress test
When reading this article consider why the central bank (the Bank of England) has introduced stress tests for commercial banks. The stress test is one of the responses to the 2007 Global Financial...
Turkey seeks to escape the Middle Income Trap
Here is a link to a new IMF staff paper focusing on the challenges for Turkey as it seeks to move beyond middle income status and join the ranks of advanced, high income countries. According to the...
Is China now the largest economy in the world?
This BBC article looks at the question of whether China is now the largest country in the world measured by GDP at purchasing power parity: Read: http://www.bbc.co.uk/news/magazine-30483762
A Tale of Two Financial Crises: the 1930s and Now
As the seventh anniversary of the start of the economic crisis approaches, it is an appropriate moment to take stock. At the time, the recession was simply not recognised by conventional economic...
Bond market yields imply gloomy growth prospects
Very strange things have been happening in government bond markets. The yield on 10 year US bonds is currently around 2.25 per cent. It makes intuitive sense that the Germans, with their...
20p tax on sugary drinks propsed.
Christmas quizzes
Poorest hit hardest by price rises in recent years
New data highlights that the lowest income households in the UK have seen the fastest increase in the cost of living over the last decade. This article is part of the ongoing and wider debate about...
Transatlantic Trade and Investment Partnership (TTIP)
The Size of the UK Banking System
The games economists play at Christmas
Poverty and inequality: does trickle-down economics work?
Germany's labour market under focus
Inefficiencies in the process by which unemployed workers were matched to open positions were the main causes of rigidities in Germany's labour market in the period from the 1980s to the early 2000s.
Rise of the Chinese renminbi
China's renminbi has become a key driver of currency movements in Asia since the mid-2000s and especially since the global financial crisis. For example, when the Chinese authorities make official...
Inequality in Big Cities
Large cities are more unequal than the nations that host them, according to research by Kristian Behrens and Frederic Robert-Nicoud, published in the December 2014 issue of the Economic Journal....