emerging and frontier markets:
the unofficial field guide
Site Owner / Publisher: Sta. Romana, Leonardo L.
Based in: Manila, Philippines
Latest Web Links -- Sat, 18 Nov 2017:
Steve Hanke: Zimbabwe hyperinflates again, entering the record books …, Forbes, 28 Oct 17 [courtesy Cato Inst]:
In 2008, Zimbabwe suffered the 2nd most severe episode of hyperinflation in recorded history, writes Johns Hopkins Univ economist (Zimbabwe's economy 'must be more market-led to help country recover', Public Fin Intl)
Gregory Mankiw: How to improve the Trump tax plan, NYT, 05 Nov 17 [PDF, courtesy Harvard]:
The centerpiece of the Trump plan is a cut in the tax rate on corporate income to 20% from 35%. Many economists believe the corporate tax is a bad way to fund the govt, writes Pres GW Bush's Council Econ Advisers chair
Joseph Stiglitz: America has a monopoly problem - and it's huge, Nation, 23 Oct 17:
There is a widespread sense of powerlessness, and we seem no longer to control our own destinies. If we don't like our Internet company or our cable TV, we either have no place to turn, or the alternative is no better, writes 2001 Nobel Laureate
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Posted on Mon, 13 Nov 2017:
US retreat should not stop Asian economic integration, Nikkei Asian Review/Japan, by Petri & Assoc, 02 Nov 17 [courtesy Peterson Inst]:
If the Asia-Pacific region is to sustain its remarkable econ integration over the next few years, it will have to go it alone without leadership from the US, write Inst & East-West Ctr economists; and China Invest Corp fmr manag dir
Trump bailed on a trade deal, and now a bunch of US businesses may suffer, CNBC, 13 Nov 17:
Over the weekend, Trans-Pacific Partnership countries made progress on a deal without the US. That may mean American farmers and small business owners will soon regret Trump's exit (Countries agree on Pacific trade pact that excludes US, Politico)
Three questions - Robert Shiller on Bitcoin, Yale Univ, 19 Oct 17:
We asked 2013 Nobel Laureate and author of Irrational Exuberance (3rd ed, 2015) the ff: Does Bitcoin look like a bubble to you?; what is the underlying story driving the rise in Bitcoin prices?; and what could cause a reversal in this story?
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