The Summer Olympics starts in Rio de Janiero in August. From the financial point of view of the host city, it’s very likely to be a money-losing proposition–just like ... Read More
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in ... Read More
The fastest-growing countries around the world, now and probably for the next few decades, will not be the high-income countries. As a result, the global distribution of income will ... Read More
Back in the 1920s and 1930s, manufacturing often meant enormous factories that tried to bring as many activities as possible under one roof–what economists call “vertical integration.” However, the ... Read More
Christian Thimann currently works with the French investment bank AXA while also holding an academic position at the Paris School of Economics. However, from 2008 to 2013 he was ... Read More
In the world of competitive sports, “bulletin board material” refers to when you collect negative comments from others and post then in public place to fire up your motivation. ... Read More
Discussions of the economic situation in Europe and the eurozone during the last few years have a heavy emphasis on government debt and central bank policy. But from the ... Read More
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