Macroeconomics related content 

EU environmental policy is one of the casualties of Greece's austerity drive. Behind the depressingly familiar street demonstrations beamed almost nightly from Greece are...

Latin America's financial woes led to a ‘lost decade'. The situation in Europe today looks much worse. Turning-points are easy to identify with hindsight, but not in real...

Economists fail to appreciate adequately that people are fundamentally social creatures. Modern macroeconomics often seems to treat rapid and stable economic growth as the...

Amid speculation about the eurozone's impending collapse, it is worth remembering the purpose of creating a single currency. The euro was meant to – and still should –...

Lenders to get ECB help, but no such measures for stricken member states; interest rate cut to 1%. The European Central Bank today announced plans to support cash-strapped...

Mario Draghi has made a positive impact as head of the European Central Bank, but it may not be enough to save the eurozone. Mario Draghi has scored two – related –...

Cutting spending can stimulate growth – but it will not in the UK's case. Visit London nowadays and you will notice something strange going on: the worse the British...

China needs to replace its dollar-denominated assets, writes a leading Chinese economist. In theory, the difference between capital inflows and outflows in developing...

How long can the US delay its inevitable decline? According to Voltaire, the Roman Empire fell “because all things fall”. It is hard to argue with this as a general...

Decision by Standard and Poor's criticised by Berlusconi. Standard and Poor's, a credit-rating agency, has downgraded Italy's sovereign debt, in a move that indicates...

To help Europe's – and the world's – economy recover, both debtors and creditors need to make an effort. Despite near-zero interest rates across the developed world, the...

Blame economic fundamentals and poor policymaking for falling stock values. The recent dramatic declines in equity markets worldwide are a response to the interaction of two...

Near-stagnation of German economy adds to economic concerns. Gross domestic product increased by just 0.2% in both the eurozone and the EU as a whole during the second...

European Central Bank leaves main interest rate at 1.5%. The European Central Bank (ECB) has kept it main lending rate at 1.50%, despite earlier indications it would...

Economic conditions might have to become a lot worse in order to focus policymakers' minds. I don't know about you, but whenever I am in an airplane experiencing turbulence,...

UN says foreign direct investment rose in 2010. Global flows of foreign direct investment have begun rebounding from three years of decline with a rise of 5% in 2010,...

Merkel and Sarkozy struck eurozone deal; agreement calms the markets. Facts and figures All eyes on long-term economic plans Rates cut for Ireland and...

The central bankers' bank is worried about the state of global finance. It is right be concerned. The American academic Adam Posen last month (27 June) told a committee of...

Vote paves the way for Greece to receive a €12bn loan in July from the EU and IMF. The Greek parliament has narrowly approved a package of austerity measures designed...

A benign interest-rate environment and sustainable growth paths can no longer be assumed. The global economy's most striking feature nowadays is the magnitude and...