Small firms can provide jobs, but big firms are the key to economic growth in Africa

Jun 26, 2016 18:53 pm UTC| Insights & Views Business Economy

Almost all developing countries have policies to promote small and medium-sized firms. The reasons for this choice are clear. Small firms appear to create lots of job with relatively little capital and jobs are desperately...

Norwegian economic growth likely to normalize in 2017

Jun 24, 2016 12:46 pm UTC| Commentary Economy

In Norway, the huge cost-cutting in oil sector has reduced breakeven levels for new investment projects. Earlier, investment was anticipated to rebound with oil prices of around USD 50 to 60 per barrel. Since then the oil...

China’s economic rebound not on strong footing; room for PBoC to ease policy

Jun 24, 2016 12:45 pm UTC| Commentary Economy Central Banks

The Chinese economic rebound is still not on a strong footing. Even if investment in infrastructure is growing, private investment is weakening. In May, Chinas housing sector also slowed down due to macro-prudential...

Swedish consumption growth to remain strong in 2016 but slow down in 2017

Jun 24, 2016 11:42 am UTC| Commentary Economy

In the past few years, Swedens disposable income growth has been quite solid, averaging about 3 percent year-on-year. Real disposable income grew even more impressively in the first quarter of 2016 by 4.4 percent y/y. High...

Asia-Pacific seems to rebound as economic developments start to stabilize

Jun 24, 2016 11:11 am UTC| Commentary Economy

The economic environment in the Asia-Pacific region seems to have calmed down in the past month, SP Global Ratings reported yesterday. Anxiety over Chinas economy has stabilized in the past few weeks, but continues to be a...

US economy likely to slow, Fed seen keeping rates on hold in 2016 following Brexit

Jun 24, 2016 09:27 am UTC| Commentary Economy Central Banks

US Fed Chair Janet Yellen had mentioned during the June FOMC meeting that the UK exiting from EU might have consequences for the outlook of the U.S. economy and financial market developments. Earlier, the U.S. economy had...

Danish wage growth likely to accelerate slightly; consumer prices to remain stable

Jun 24, 2016 09:25 am UTC| Commentary Economy

Danish consumer prices had increased a mere 0.1 percent year-on-year in May. A sharp decline in clothing prices was quite a surprise. Womens clothes prices, for instance, dropped 7.3 percent year-on-year. It alone lowered...