Finance and Economics

SDRs Have Clear Advantages Over The Dollar But Gold Has Intrinsic Advantages Over Both

During the lengthy discussions which led to the 1944 Bretton Woods Agreement, economist John Maynard Keynes opposed fixed exchanged rates via-a-vis a gold backed US dollar. He instead proposed the creation of a super-national unit of account which he called the bancor. The justification behind a seemingly tedious accounting unit […]

The Philippines is Among The Least Easy Places to do Business in ASEAN – The Liberal 1987 Constitution is to Blame

The World Bank has ranked every economy in the world based the ease of doing business. The range of factors considered when making the penultimate assessment can be read in detail here. The news for The Philippines in particular serves as a stark reminder of how the economy is being […]

China Set to Finalise Uniform Law to Streamline Foreign Direct Investment

China’s commitment to increased economic openness and continual reform and opening up has provided an anchor of stability for the world economy at a time when those who underestimated China’s determination to fulfil the ideals of perpetual reform, adaptive changes to present needs and expedited opening up, may have mistakenly […]

China Pivots to High Quality Innovation and Production Model While Maintaining Economic Growth

Many were expecting literal economic growing pains for China in 2018 for a number of reasons. First of all, as China intensifies its pivot away from traditional models of mass production and towards a model emphasising high quality goods, innovation, technology and new nationally generated patents, it was thought that […]

Since 1980, The USA Has Been Involved in 19 Wars – China Has Been Involved in None

Since 1980, China has been involved in a total of zero wars, zero foreign regime change missions and zero bombing campaigns against a foreign land. By contrast, the United States has made war upon, bombed or fomented regime change abroad on 19* separate occasions during that same period. Beyond this, […]

Don’t Let Trump Say That The Trade War Helped US Job Increases – Manufacturing is Tanking

Despite a shaky start to the new year, the Dow Jones ultimately gained a substantial¬†746.94 points at the close of trade on Friday, the 4th of January, a rise of 3.29% from the previous day’s close. While Apple’s mid week report down-scaling Q1 forecasts caused widespread misery on Thursday, this […]