Read Reality Check for the Global Economy


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After five years of disappointing recovery throughout the major economies, almost everyone is ready to believe the worst. The widespread large declines in global asset prices indicate a significant divergence between what financial markets fear and what most mainstream macroeconomic forecasts are showing for the world economy. Having some clarity to distinguish between the more solid underlying economic outlook and the shadows thrown by financial puppetry is critical to avoid an unnecessary recession. In this Briefing, a group of PIIE scholars came together to provide a reality check for the global economy. They set out what is known, both about macroeconomic dynamics and policy capabilities, in a context where distrust of both mainstream economic analysis and policymakers' credibility has become excessive. Global economic fundamentals today are not so grim, though there is room for improvement in key areas including China, the United States, European banks, Brazil and Latin America, oil markets, global trade, and monetary policy options. Reality check: Is a $15 minimum wage bad for the economy This is a win for living-wage advocates but has prompted debate on whether the move will boost or put a chill on the economy Economics 101 will tell you that when Reality Check: What's this new measure of inflation? - BBC These are external links and will open in a new window Tuesday's inflation report from the Office for National Statistics (ONS) will not be the same as Reality Check: Are pensioners better off than workers These are external links and will open in a new window The claim: Pensioners are on average 20 a week better off than working-age people Reality Check Programs Global Exchange Global Exchange is an international human rights organization dedicated to promoting social economic and environmental justice around the world Reality check: Does Canada subsidize softwood lumber By Andrew Russell National Online Journalist Breaking News Global News US Commerce Secretary Wilbur Ross is expected to announce countervailing duties on Canadian Minimum Wage Reality Check - WSJ Minimum Wage Reality Check The mayor of Baltimore of all places vetoes a $15 an hour mandate Global Exchange Building People-to-People Ties Global Exchange is an international human rights organization dedicated to promoting social economic and environmental justice around the world Trump Reality Check: Did he create nearly half a million jobs? President Trump claimed that the economy added nearly half a million jobs in his first two months in office But he wasn't in office for much of January Global Economy South China Morning Post The latest economic indicators for key economies including analysis Tim Jackson: An economic reality check TED Talk TEDcom Please enter an email address Please enter a valid email address Did you mean ? Please check Daily or Weekly and try again Please check your details and try again
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