Tag Archives: exports

The threat of secession has dogged both European governments and the region as a whole for the last four years. Greece has come perilously close to leaving the euro a number of times since 2012, Scottish voters rejected a proposition to leave the United Kingdom in 2014, and 80 percent of those who voted in Spain’s Catalonia region said they would like to be an independent state in a non-binding poll the same year. (Catalonian separatists plan another push for independence over the next 18...

Many claim that China manipulates its economic data. We explain why the best way not to get caught is to lower the GDP deflator, as lower inflation helps to increase real GDP. Lombard Street Research assumes that Chinese officials followed that approach. Standard Chartered economist Stephen Green has said that China’s official GDP figures were boosted by government statisticians underestimating inflation, which results in an overestimate of actual growth. And the New York Times recently...