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They are growing older without getting richer

Latin America, a region maligned by recent crises that nonetheless boasts a $4.6 trillion economy, needs urgent policy shifts to bring growth rates back to where they were during years of high commodity prices. Time is running out because its demographic advantage — when active workers outnumber retirees — will peak in 2020, according to a report from the Inter-American ...

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Japan buries our most-cherished economic ideas

Japan is the graveyard of economic theories. The country has had ultralow interest rates and run huge government deficits for decades, with no sign of the inflation that many economists assume would be the natural result. Now, after years of trying almost every trick in the book to reflate the economy, the Bank of Japan is finally bowing to the ...

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As robots take the wheel, driving skills hit the skids

Bloomberg If your car can hit the brakes in an emergency and check your blind spots, will that make you a worse driver? Increasingly, automakers are worrying it may. Driver-assist technology that keeps cars in their lanes, maintains a safe distance from other vehicles, warns of unseen traffic and slams the brakes to avoid rear-end crashes are rapidly spreading from ...

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