\Picture Mom,dad, and the kids in an upper-middle-- Asian family in 100 years'time: After loading up with cash at the corner Citibank, they drive off to Walmart and fill the trunk of their Ford with the likes of Fritos and Snickers. On the way home, they stop at the American-owne Cineplex to catch the latest Disney movie, paying with their Visa card. In the evening, after putting the kids
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The world economy needs both TO GET a sense of the challenges facing the global economy, fast-forward four years to September 2007 and consider the following three scenarios: he world's top finance ministers arrive in Washington for an emergency summit after the
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If the global economy falters, free trade will suffer \I'M MAD as hell, roared the man on stage. \Mad as hell about what is happening to the manufacturing sector in America. \ This is a trade war with China,\ shouted his colleague, \and it's time to fight that war head on.\ The audience cheered in approval. Patriotic songs played in the background, interspersed with extracts from George Bush's address to the nation after September
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Asia's addiction to cheap currencies must end. But not overnight THE average homeowner in Peoria has probably never heard of Toshihiko Fukui, Zhou Xiachuan, Joseph Yam, Perng Fai-nan or Park Seung. But he has a lot to thank them for. These men, respectively bosses of the central banks of Japan, China, Hong Kong, Taiwan and South
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Can Germany and Japan be reinvigorated? THEY are the world's' second-and- third-large- economies. Measured at market exchange rates, Japan and Germany together make up about 20% of global output. And they are both in a mess
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From The Economist print edition Why the world cannot count on a repeat of the 1980s PARALLELS abound between Ronald Reagan and George Bush. Like the Gipper, Dubya is a sun- belt conservative with fondness for his ranch. In all, Mr Reagan spent about one year of his eight-year presidency at his California retreat. Mr Bush has turned his patch of Texan scrub near Crawford into the hottest destination for world leaders
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Our Net Book Value just RESEARCH TOOLS Economist.comSURVEYS Shrink-proof Sep 18th 2003 From The Economist print edition Why America's deficit is hard to turn around IF FOREIGNERS lose enthusiasm for American assets, they simply click on a mouse. Capital
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RESEARCH TOOLS Economist.comSURVEYS Facts behind the figures Sep 18th 2003 From The Economist print edition Much ado about nothing urrent accour
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Economist.comSURVEYS The price of profligacy Sep 18th 2003 From The Economist print edition How bad is America's borrowing binge? \I JUST think it's a meaningless concept\That was the verdict of Paul O'Neill, George Bush's plain-spoken first Treasury secretary on the current-account deficit. Mr O'Neill reckoned it was silly to worry about external imbalances in a global economy where capital flows
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The Leadership Forum: The World in 2005 December 3rd 2004, London RESEARCH TOOLS Economist.com SURVEYS Flying on one engine Sep 18th 2003 From The Economist print edition
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