This Inflation Is Demand-Driven and Persistent
Opinions Uncategorised

This Inflation Is Demand-Driven and Persistent

Jason Furman, CAMBRIDGE – Commentators have generally offered two arguments about advanced economies’ performance since COVID-19 struck, only one of which can be true. The first is that the economic rebound has been surprisingly rapid, outpacing what forecasters expected and setting this recovery apart from the aftermath of previous recessions. The second argument is that […]

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Where Is Dubai Leading Us?

Carlo Ratti, DUBAI – “Connecting minds, creating the future,” the slogan of World Expo 2020, is everywhere in this city. The ongoing event, which opened a year late in October 2021, is the first of its kind since the beginning of the COVID-19 pandemic. Few other places in the world are as future-oriented as Dubai. […]

Why Is Japan So Cheap?
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Why Is Japan So Cheap?

Takatoshi Ito, TOKYO – Every month, the Bank for International Settlements calculates and publishes the real and nominal effective exchange rates for major currencies. The most recent data, released in mid-February, contained a shock for Japan. They show that the yen’s real effective exchange rate (REER, representing roughly the purchasing power of the currency) is now as […]

Stanbic Holdings, National Housing to Develop affordable Housing
Industry Social Uncategorised

Stanbic Holdings, National Housing to Develop affordable Housing

November 30, Kampala– National Housing, Stanbic Properties Limited, and Stanbic Bank Uganda have today entered a tripartite partnership to develop and facilitate Ugandans to access affordable modern housing, at a function presided over today, by the Minister of Finance, Planning and Economic Development. Under the terms of the partnership, National Housing will provide land to […]

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Will Deglobalization Fuel Inflation?

Dalia Marin, MUNICH – Inflation seems to be on everyone’s mind nowadays. The debate usually centers on whether America’s massive monetary and fiscal stimulus will de-anchor inflation expectations and cause prices to spin out of control. But there is another trend that could also generate inflationary pressure: deglobalization. Deglobalization has been occurring since the 2008 global financial crisis. But […]