Murat's Musings
It’s the credit, stupid!
Date:17Sep2017
Turkey’s new GDP series, released last December, has become a constant source of contention, debate and even agony amongst the analyst community. The latest comments coming from Commerzbank
Mystery of the Missing Inflation
Date:14Sep2017
Nouriel Robini wrote on this very hot and pertinent topic in a Project Syndicate column, which is worth taking stock. His take? No one knows what the causes of “lowflation” are, so
Chinese Debt: Should we be or not be scared?
Date:30Aug2017
Concerns over the Chinese debt-growth nexus appear to have subsided again, which is greatly helping the broader EM environment. China is somehow managing to grow at 6%+ rate (IMF forecast for
Fischer’s lunch with the FT…and links on low rates
Date:20Aug2017
Fed Vice–Chair Stan Fischer has had lunch with the FT, which is featured in FT’s August 19-20 weekend issue. Lots of interesting stuff… In the interview, “Fischer agrees with Greenspan, saying
Robots and Jobs…
Date:15Aug2017
This “robot and jobs” stuff is getting exceedingly interesting especially for old-fashioned economists such as myself (who only know how to work with macro “identities”). This
US Economy, the laggard?
Date:31Jul2017
“The clear message is that the U.S. — the richest nation on Earth, as is frequently proclaimed, although it’s actually not the richest per capita — is increasingly
Mixed findings on lira’s fair value
Date:28Jul2017
Lira has depreciated sharply in recent years — by some 25% in nominal terms (against a ‘basket’ that comprises 50% euro and 50% dollar) over the past year or so, and some 50% in
World according to Martin Wolf
Date:22Jul2017
In 7 charts, Martin Wolf, FT’s Chief Econ Editor, shows the profound changes the world economy is undergoing and it is faced with. These are the rising share of Asia in global output, changing
Economics in Transition
Date:01Jul2017
In a recent Project Syndicate article, Prof. Diane Coyle of Manchester University reviews three (critical) books on the state of economics, namely Andrew Lo’s Adaptive Markets; a collection of
Three reasons behind low inflation
Date:28Jun2017
In this perceptive article, as he warns against repeating Japan’s mistakes, Stephen Roach gives three reasons as to why inflation remains low, which are in a nutshell globalization (or the