South Korea: More than an Olympic Host

South Korea has been one of the most impressive performers among emerging market economies over the past 50 years. Rising wages and an aging workforce could slow growth, but the country’s overall outlook is positive. Unification with North Korea could significantly accelerate growth, although that… Read More

Brazil needs to harness its huge potential

Several factors contributed to Brazil’s 2015-2016 recession, one of its worst: political turmoil, corruption at one of the country’s major corporations, volatile commodity prices, and high inflation. However, starting in 2017, the country has slowly emerged from that crisis. which is fuelling new hope for… Read More

Outlook is bright for big exporter Germany

Germany faces a number of challenges—its population is getting older and its workforce will start to shrink from 2020 onwards. In addition, its largest export markets, including the U.S. and the U.K., are less and less willing to run large trade deficits with Germany. However,… Read More

Major central banks reduce their gold

A central bank is usually the designated investment manager of a country’s reserve assets. It effectively invests on behalf of the country and its citizens. Its key objective is to preserve the value of the assets and to insure against severe financial crises. Apart from… Read More

China’s potential rewards match its risks

Massive growth in the export of cheap manufactured goods has driven China’s economic success over the past two decades. However, developed countries—and especially the U.S., given newly imposed tariffs—are increasingly reluctant to buy more Chinese goods. As a result, China will need to find other… Read More