The International Economy

Daily provides news, commentary, and research on international economics. The source covers global financial policy, trends, and international law.

Articles from Vol. 16, No. 2, Spring

A Layman's Guide to ECB Watching: Ten Simple Rules for Analyzing the European Central Bank
"ECB watchers" have had a much less successful record at forecasting the immediate outcome of ECB meetings than "Fed watchers" do on the FOMC. Using data from regular Bloomberg surveys of analysts, taken just a few days in advance of policy meetings,...
European Entrepreneurial Capitalism: The Schumpeterian Secret to Higher Growth
If the European Community wants to develop a growth strategy, it needs to answer the questions: How can we create an environment conducive for growth? And how can we remove growth impediments? Note that to investigate growth factors is not to...
Europe Tomorrow: TIE Asked Two Experts What the Likely Makeup of the Eurozone Will Be Five Years from Now? Fifteen Years from Now? and What Effect Will Any Predicted Change Have on the European System as a Whole? Here's What They Said
More Self-Confidence For The ECB In five years, some of the new members of the enlarged EU, such as Estonia, will have joined the Eurozone. The UK may be in as well. The Eurozone thus will be more heterogeneous. The ECB will have introduced some...
EU Tax Trap: It's Time Washington Pulls the Plug on the Latest Brussels Tax Harmonization Gambit
In today's modern economy, it is increasingly easy for jobs and capital to migrate from high-tax nations to low-tax nations. This forces lawmakers to control taxes and spending lest they drive too much economic activity to lower-tax jurisdictions....
Measuring China's Economy: An Inside Glimpse of Capital Investment, Deflation and, of All Things, a Strange Agricultural Productivity Boom
China's growth follows the typical pattern of a developing country. The agriculture sector's share in GDP declined to 16 percent from 27 percent between 1990 and 2000. The industrial sector's share has expanded with the economy. The agriculture...
Nippon Self-Reinvention. (Last Word)
A graph showing listings of new firms on the Tokyo Stock Exchange over time looks like the profile of an alpine mountain: It rises from a low level in the 1870's to a sharp peak after World War II and then descends back to the lowlands. (The recent...
The International Economy Power Tree
GERMANY Hans Eichel Federal Minister of Finance Tel: (30) 2242-0 Fax: (30) 2242-3258 Caio Koch-Weser State Secretary, Ministry of Finance Tel: (30) 2242-0 Fax: (30) 2242-3258 Dr. Christoph Zopel Minister of State Federal Foreign Office...