China’s Economic Model: A Boom Turned Bust

China’s Economic Model: A Boom Turned Bust

For decades, the Chinese economy experienced an unprecedented boom, mainly thanks to investments in factories, skyscrapers and roads. This economic model sparked an admirable period of growth that lifted the country out of poverty and transformed it into a global giant whose export prowess swept the globe. But that model no longer works, writes the […]

IMF Urges Central Banks to Keep Monetary Policy Tight Amid Inflation Risks

International Monetary Fund (IMF) chief deputy managing director Gita Gopinath on Monday urged central banks to keep monetary policy tight, saying there was a high risk of inflation remaining high or accelerating in many emerging markets. FILE PHOTO: April 14, 2023. REUTERS/Elizabeth Frantz [ワシントン 17日 ロイター] – International Monetary Fund (IMF) chief deputy managing director […]

“IMF Warns of Global Economic Consequences if US Fails to Raise Debt Ceiling”

The International Monetary Fund (IMF) said on the 11th that if the United States fails to raise the federal debt ceiling and defaults, it will be “very serious” not only for the U.S. economy but also for the global economy, such as rising borrowing costs. influence,” he said. Photographed in September 2018 (2023 REUTERS/Yuri Gripas) […]

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is Kazuo Ueda, […]

Indonesia’s finance minister, Sri Mulyani Indrawati, remains optimistic about the country’s economic growth, despite a decline in exports.

Indonesia’s Finance Minister, Sri Mulyani Indrawati, is optimistic that the country will maintain economic growth of around 5%, despite a downturn in exports. Speaking to Bloomberg News, Indrawati said that she anticipates that government stimulus measures, as well as the country’s vibrant domestic economy, will be sufficient to maintain growth. Indonesia has seen its economy grow […]