Recent Posts

Let us praise GDP

It’s time to cut the GDP some slack. Overhauling the GDP — as some critics would — threatens to politicize one of our most useful economic indicators. It could be twisted to advance or retard political agendas. This is a bad idea. First, some background. GDP stands for “gross domestic product,” and it’s our standard measure of economic growth. When ...

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Bonn meet must move from vows to action

  The 2015 Paris Climate Agreement will face its first acid test when signatories gather in Bonn, Germany, on Monday to iron out details and set new mechanisms to fund climate adaptation projects amid reports the global warming has caused the water-rise that vanished five Islands of Solomon Islands in the South Pacific. Against the backdrop of such a grim ...

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China eyes Vietnam and the TPP warily

  Andrew Collier SPECIAL TO EMIRATES BUSINESS U.S. President Barack Obama’s visit to Vietnam later this month, taken together with the Trans-Pacific Partnership trade deal, signals a closer economic alliance between the two countries. The TPP will be a boon to Vietnam – but could be a problem for China. The TPP – which has been signed but not ratified ...

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