Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Category: Economic Conditions and Trends
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Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds up — but as labor market weakening threatens to interrupt the soft landing.
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Global Trade Needs a China Alternative. India Needs Better Ports.
Efforts to build new ports and expand existing docks could determine whether India emerges as a legitimate option for global factory production.
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Businesses Are Already Girding for Next Phase of the U.S.-China Trade War
Alarmed by the prospect of increased tariffs on Chinese goods if Donald Trump is elected, some American companies are stockpiling parts and delaying expansions.
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U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
After ending last year in a recession, Britain’s economy has so far bounced back this year.
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Can This Tiny Economy Show Europe How to Compete Again?
Sweden outperforms in tech, has a roster of $1 billion-plus start-ups and could be a model as the European Union refigures its growth policies.
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Los Angeles 2028 Olympic Games Planners See Economic Upside
The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984.
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Bangladesh Puts Its Eggs in One Economic Basket. Now, a Reckoning.
Garment exports lifted the country to new heights. But overreliance on that industry also helped bring down Prime Minister Sheikh Hasina.
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How Economic Grievances Were Exploited in Britain’s Violent Unrest
Nationalist hatred has been linked to forces like stagnant wages and declining services, even though research shows immigration helps many economies.
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China Battery Tech Reflects Research Boom and Big Spending
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
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Why Japan Was Crushed Most in the Global Market Rout
The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.
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Declaring ‘Crisis,’ South Korean Firms Tell Managers to Work 6 Days a Week
The move by some influential companies has raised concerns about work-life balance in a country where long hours at the office are common.