Purchasing power parity theory

MANILA – AT The rise and fall of the great powers, historian Paul Kennedy argued that “there is [often] a notable “lag” between the trajectory of a state’s relative economic power and the trajectory of its military / territorial influence. “ Yet China has been a gigantic aberration to the …

Last month, I wrote about the rise of stablecoins – from the USDT, with a market cap of $ 70 billion, and from the USDC, with a market cap of $ 32 billion, to sponsored digital currencies. by the government – notably the Chinese digital renminbi and the Cambodian Bakong. …

China’s economic momentum is slowing. Official figures released last week show GDP growth in the last quarter stood at an annual rate of “only” 4.9%. This compares to an annualized GDP growth of 7.9% for the previous quarter. I say “just” because the last time the Australian economy grew this …

But the attempt failed. After China retaliated against European Union sanctions against four Chinese officials over human rights violations in Xinjiang, the deal was not ratified. In any case, the bloc is far from unified on what the economic and technological engagement with China should look like. For Germany, economically …

IN any Economics 101 course, students often come to understand that a modest level of inflation is good for the economy as a whole. A good level of inflation contributes to increased production, as more money translates into more spending, which directly affects aggregate demand. CLICK TO ENLARGE This stems …

China’s economic momentum is slowing. Official figures released this week show GDP growth in the last quarter stood at an annual rate of “only” 4.9%. This compares to an annualized GDP growth of 7.9% for the previous quarter. I say “just” because the last time the Australian economy grew so …

EDITORIAL: The 11% increase in the prices of POL products as of October 15 shocked a population already shocked by a 9% inflation in September with basic foodstuffs, especially wheat and sugar, witnessing price increases even at government-controlled electricity stores – outlets used by the government to expand subsidies to …

The official poverty rate in the United States was 11.4% in 2020, according to the US Census Bureau. According to World Bank measurements, poverty in America is higher than in parts of Asia, but much lower than in much of Africa. While there is no absolute method for determining poverty …

By fabricating a Constitutional Court ruling that effectively rejects the legal basis for EU membership, Poland’s ruling party may have finally bit more than it can chew. Unfortunately, whatever happens next, all Poles are likely to bear the costs of the government scam. WARSAW – After the collapse of the …

Trading for the new week started with mixed performance for stock markets, rising global rates, volatile energy markets and modest currency moves. There was more action in the New Zealand market, with rates rising after a huge print from the CPI, but resulting in only a modest gain for the …