Fine and timely piece of work on this important topic by the Bank of England's top economist Andy Haldane. http://www.bankofengland.co.uk/publications/Pages/speeches/2017/968.aspx
Global Productivity
An excellent analysis by the IMF staff highlighting the fact that weak producity growth in the post crisis period is a global phenomenon. Nations can learn from each other about the causes and remedies. http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2017/04/03/Gone-with-the-Headwinds-Global-Productivity-44758
Russia: Oil Production
http://www.reuters.com/article/us-russia-energy-production-idUSKBN1691XP Discipline in the non-OPEC producers like Russia is needed to stabilise ioil prices. Technological adances in the US shale oil sector seem likely to keep the oil price in the $45 to $65 range.
China: Currency Manipulator?
4 April 2017 When Chinese President Xi Jinping visits Florida, trade will be at the top of the agenda. The meeting occurs at a pivotal moment when President Trump’s “America first” agenda has put China in the unusual position of being the champion of liberal global trade. Indeed, America’s withdrawal from the Trans-Pacific Partnership provides [...]