The coronavirus is set to have a very large short-term negative impact on world growth. But the medium-term growth outlook is more uncertain. Much...
Eurozone | Secular stagnation is real. Getting out of it will be hard
Posted by Oxford Economics on Oct 20, 2020
The eurozone has a serious problem: It’s stuck in secular stagnation, a world of ultra-low interest rates, below-target inflation, and underwhelming...
Why big fiscal deficits and low inflation can coexist | Global
Posted by Ben May on Sep 23, 2020
The surge in government debt caused by ballooning fiscal deficits is a necessary response to the coronavirus crisis. Even if governments fail to meet...
The global monetary boom - no cause for panic | Global
Posted by Adam Slater on Sep 3, 2020
Global monetary growth has been its fastest for decades over recent months, but we continue to believe inflation risks are lower than many think. A...
Why deflation may be a bigger risk than inflation | Global
Posted by Adam Slater on Jun 30, 2020
Which is the bigger risk in the wake of the coronavirus crisis: inflation or deflation? While some observers have recently argued that high inflation...
As the poor increase, the middle class is disappearing | Japan
Posted by Oxford Economics on Jun 23, 2020
Despite the third-highest income Gini coefficient among G7 nations, income inequality has not been a big issue in Japan yet.
In fact, its Gini index...
Japanification is limiting financial excesses | Japan
Posted by Oxford Economics on Jun 2, 2020
Unlike in other advanced economies, Japan’s long period of low interest rates hasn’t caused high leveraging or major asset price bubbles, which are...
The outlook for – and risks to – long-term world growth | Global
Posted by Adam Slater on Feb 12, 2020
Our long-term forecasts point to a subdued outlook for world growth. Weexpect global GDP to rise by 2.7% per year in the next decade, little changed...