Tag: Macroeconomics
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Taiwan’s election is a tale of balance of (economic) power
Taiwan’s election results are in – Xi Jinping will not be happy. Late last evening in Taipei, Lai Ching-te emerged victorious in Taiwan’s high-profile elections (Jan 13th, 2023). The Democratic Progressive Party (DPP) led by first-time president Mr. Lai will remain in power, having won 40% of the vote. The DPP is seen as a…
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The rockstar president who is rocking Argentina’s economy
A deep-dive into the underlying economic conditions in Argentina. Last month, the Argentine primaries elected far-right free-market anarchist Javier Milei as the country’s president. With a majority of over 55% of the votes, the former economist captivated the hearts of millions through his unorthodox demeanor and rhetoric. His promise? Fixing Argentina’s economy. Argentina: an economic…
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The labour market: Europe’s greatest inflationary pressure of 2024?
With the unemployment and job vacancy rate achieving record figures of a low 6.5% and high 2.9% respectively, Europe’s producers are feeling the pinch of growing unit labour costs. Post pandemic job recovery has been strong, with expansionary government initiatives supporting economic growth; expansion and overheating that resulted in soaring inflation last year. The subsequent…
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Frankfurt’s verdict – the Eurosystem’s economic outlook
It’s that exciting time again – the ECB’s main decision-making body, its Governing Council, has set the key interest rates in the euro area. The European Central Bank’s president, Christine Lagarde, announced in a press release last week the Governing Council’s latest outlook for monetary conditions within the Eurosystem, strongly stating the direction of monetary…
Economitron 