Word: economisters
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...OECD) projects that 2009 GDP will grow 0.1% in Japan, compared with 0.9% in the U.S. and 0.5% across the Eurozone. "Financial-debt-to-GDP ratio is an advantage, and debt in the private sector has not increased, unlike in the U.S. and European countries," says Hiromichi Shirakawa, chief economist at Credit Suisse Japan. "The economy is less vulnerable." Nevertheless, he says, Japan is not an island: nothing points to an economic recovery in Japan unless the global economy picks up. According to Andreas Schuster, head of research at CLSA, a private-equity firm based in Hong Kong...
...summed it up on Monday when he said, "Japan is in a very serious situation." Last month, as the nation's export-driven economy watched global demand slow down, Japan's Nikkei index fell to a 26-year low. Couple this with the appreciation of the yen - which some economists say could strengthen to an exchange rate of 80 to the dollar by the end of next year - and it's little wonder that corporate powerhouses like Toyota, Honda and Sony have seen profits dive. Royal Bank of Scotland Japan chief economist Junko Nishioka says that over the past...
...supporters and critics now suggest that Summers’ difficulties leading Harvard don’t mean he wouldn’t make a good Treasury secretary.‘LOTS OF BIG EGOS’Summers, who has also served as the World Bank’s chief economist, helped oversee the longest period of sustained economic growth in U.S. history as President Clinton’s Treasury secretary from 1999 to 2001.And with the U.S. scrambling to recover from the worst financial meltdown since the 1930s, some have argued that the Treasury needs a leader with the experience...
...contention that France, Europe, or even the global economy isn't already in a recession that's likely to get worse, is a joke," says David Naudé, chief economist for the euro zone at Deutsche Bank in Paris. "The unexpected mini-advance in France notwithstanding, the news is bad, and all forecasts indicate the fourth quarter will be even worse...
...stimulates the economy via the financial system, is having trouble doing so because the financial system is broken. And the usual concern that government will crowd out private borrowers isn't an issue. "The government has a window in which it can borrow very aggressively," says Mark Zandi, chief economist at Moody's Economy.com "because no one else is borrowing...