How Does Compliance Enhance Shareholder Value?
By Thomas Fox.
How many Chief Compliance Officers (CCOs) and compliance practitioners out there have faced the following question from the General Counsel (GC), Chief Executive Officer (CEO), Chief Financial Officer (CFO) [...]
China’s currency responding more closely to market forces
By Alton Parrish.
Stanford experts say that China devalued its currency to help spur exports, growth and employment. It wants its currency to become a pre-eminent one in the global economy.
Stanford economists Michael [...]
The banking oligarchs
By Nelson Hultberg.
Can anyone stop the overweening lunacy of the banking oligarchs? No more than anyone can stop pythons from devouring rabbits at play. Our bankers are not honorable. They are not farsighted. And they have set [...]
Poland, in the Context of Eastern Europe.
By Donna Welles.
Coat of arms Poland
Poland has been a member of NATO since 1999 and a member of the European Union since 2004, although it has not yet joined the Eurozone. Poland’s language is Western Slavic, [...]
Gas Taxes and Oil Subsidies: Time for Reform
By Jeffrey Frankel.
World oil prices have been highly volatile during the last decade. Over the past year they have fallen more than 50%.
Should we root for prices to go up, down, or stay the same? [...]
Unemployment in Ireland, Economic Profile
By Donna Welles.
Ireland has an unemployment rate of 13%. Its European neighbors have unemployment rates that dot the spectrum; Norway has 4%, the United Kingdom has 8%, and Spain has 26%. In 2000, Ireland’s unemployment rate [...]
Gold: It’s Time to Buy
By Mark Nestmann.
I’m what people call a “contrarian” investor. I tend to buy assets that are out of favor with the chattering classes and the talking heads on television.
And I make it a point to sell when the “man [...]
The IMF Experts Flunk, Again
By Steve H. Hanke.
My Globe Asia column in May was titled “Greece: Down and Probably Out.” Well, it’s out. Yes, Greece descended from drama to farce rapidly.
If all goes according to plan, the left-wing Greek government [...]
Malaysia, Growth Market for Telecommunications.
By: Donna Welles.
Allow us to examine Malaysia as a potential growth market for telecommunications. In terms of its overall economic landscape, Malaysia has a GDP of $327billion USD and a population of 30million. Indonesia has a GDP of $889billion [...]
The Dodd Frank Act Five Years Later: Are We More Prosperous?
By Peter J. Wallison.
The views expressed in this testimony are those of the author alone and do not necessarily represent those of the American Enterprise Institute.
Chairman Jeb Hensarling, Ranking Member Waters and members [...]
“You? A Tax Evader?”
By Mark Nestmann.
It’s no secret that governments worldwide are broke. One country after another is cutting social benefits and taking other measures to reduce government spending.
Take France, for instance. It’s [...]
Tajikistan, Regional and Eurasian Context
By Donna Welles.
The Tajik Aluminum Company (TALCO), located in Tursunzoda, Tajikistan
Tajikistan’s population statistics are indicative of a people who move around a lot. Although Total Population and Largest [...]
Procyclical emerging market policy: New evidence
By Otaviano Canuto, Francisco Carneiro, Leonardo Garrido.
Industrialised and developing countries have differing fiscal strategies for dealing with the business cycle. But are countries’ strategies different according to [...]
Chinese Market Swoon Puts the Western Press in Panic Mode
By Tim Shirata.
The western press has been full of news about China’s 30 percent market fall and the Chinese government’s strong reaction to firm up share prices. China has seen several has 30 percent market declines [...]
Bulgaria’s Manufacturing Base, Electrical Equipment & Clothing Apparel
By Donna Welles.
Bulgaria’s Foreign Minister, H.E. Daniel Mitov, spoke this week in Washington, DC. Much of the conversation pertained to energy, specifically to natural gas and to Russia’s Gazprom. Allow [...]
Could Greece adopt the dollar?
By Steve Hanke.
In truth, Bulgaria, not the greenback, is the better currency model after Grexit.
What if the eurozone shows Greece the door? There are claims that the creation of a new currency regime in Greece [...]
The Beginning of the End for the Euro
By Mark Nestmann.
A little over two decades ago, the elites of Europe met in Maastricht, the Netherlands, to realize a long-held dream. It was to create a common currency that could be used throughout Europe, and possibly, [...]
MetLife Calls the Regulators’ Bluff
By Peter J. Wallison.
For years, Congress has been trying to determine whether the Financial Stability Oversight Council is recognizing legitimate risks to the economy when it designates large financial [...]
Spain, Norway, Disparity in Unemployment Rates
By Donna Welles.
Ancient seafaring nations, Norway and Spain occupy opposite ends of the spectrum in terms of modern Unemployment Rates. In 2014, Norway’s unemployment rate was 3.5% whereas that of Spain was 26.1%. Norway is [...]
Iraq Reaches Another New High In Oil Exports As Budget Deal With Kurds Breaks Down
By Joel Wing.
For the fourth month in a row Iraq reached another new high in oil exports. Previously this was accomplished due to the budget deal between the central and Kurdistan regional governments. That recently broke [...]