Macroeconomy & Globalization

Denmark grabs the top spot while Australia makes a comeback in the World Competitiveness Yearbook.  

Government debt is just part of a country's debt load; businesses and households borrow too.

The world's poorest countries suffered from civil wars, ethnic and sectarian strife and then COVID-19 came along making bad situations worse.

Western sanctions have failed to harm Russia's economy enough to stop the war, and the country's good-faith efforts to repay international investors may win sympathy for a new global financial order.

Economies depend on productivity growth to raise wages and living standards. Why isn’t an era of unprecedented innovation also seeing major gains in productivity?

The slowdown in developed economies will be offset by growth in emerging markets says the IMF in its new World Economic Outlook.

Growth slowed down since January but will rebound from late 2019 as central banks take a patient approach to monetary tightening and China boosts its economy, the IMF chief says.

Some nations experience earthquakes and hurricanes frequently, others have high crime or protracted wars—which countries are safest? Global Finance has answers.

A comparison of food, clothes, shelter, transportation, and entertainment costs of the world's cities.

China is rising, the US is falling, and some developing nations in Africa are outperforming according to the 2018 edition of the Global Innovation Index.

U.S. President Donald Trump's withdrawal from the Trans-Pacific Partnership prompted the other 11 nations that were party to the agreement to forge ahead in a new pact without the U.S.

Following the Trump administration’s launch of tariffs on steel and aluminum, the director-general of the World Trade Organization (WTO), Roberto Azevêdo, spoke again with Global Finance, about the global body’s role and the expanding trade tiffs that could set off another worldwide economic collapse.   

The head of the world’s largest economic cooperation organization speaks one-on-one with Global Finance about the pace of international trade—and the risks that confront it.

According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.

The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.

Overall global FDI declined last year with developed economies seeing a decrease in flows even as developing economies saw an increase.

An intellectual property (IP) rights’ victory in China for the Danish toymaker will also give  comfort to other Western consumer-goods companies struggling with similar issues.

Latin American countries dominate the top ten rankings of the best places to retire in 2018. 

The deal sends a strong signal that two of the world’s major exporters still believe in the merits of open markets.

Japan approved new carrot-and-stick tax measures to bring corporate tax down to 25% for companies that raise wages by 3%, and to as low as 20% for those that invest in new technologies such as ICT and internet-of-things, on Thursday.