Publish Date:

Although sending emails is an efficient form of communication for some tasks, bosses are prompting employees to make a phone call when appropriate.  Some managers have gone as far to say that emailing instead of calling can hurt business, hinder creativity, and delay projects.  This issue is especially common among the Millennials, a group defined by people born between 1981 and the early 2000s.  A common belief is that this generation is so accustomed to texting, emailing, and communicating via social media that many of its members are inept at communicating on the phone or in person. 

Publish Date:

Emerging markets has become a phrase that incites a lot of excitement. With high growth rates and the possibility of huge returns, investors have flocked to put money in the best performing emerging markets. One of the darling emerging markets over the past decade has been India. The combination of a large landmass, rich with resources, and the world’s second largest population has been the framework that allowed India’s GDP to grow at an average rate of 7.65% a year over the past decade. This well outpaces the United States as well as almost every western economy and has caused investors to salivate at the potential they see in India. Regardless of these extraordinary statistics, recent stumbles in India’s economy has reminded everyone just how risky emerging markets can be.

Publish Date:

Starting in 2008, the financial crisis affected most of the countries in the world. Recently, a light of global economic recovery was shed on many of these countries. However, a new challenge aroused in the Asian currency price market. In India, people hope that the government can change a record-low currency trading situation, accelerating inflation. Furthermore, they hope India’s economy can find its way back to the normal path.

Publish Date:

The Arctic Ocean has traditionally been covered in ice and very difficult to travel through with a ship. Currently the ocean is travelable for four months a year as polar ice caps melt due to global warming. One country taking advantage of the newly opened route is China. A Chinese shipping company, COSCO, sent a ship from the port of Dalian to Rotterdam in the Netherlands, a 3,380 mile route that would take just over 30 days.

Publish Date:

Long before the financial crisis hit in 2009, private debt clouded the economics of developed countries and emerging markets.  Between 2004 and 2009, as seen on this interactive map, shows the private-sector non-financial debt rose by an average of 43% of GDP in the Western countries.  Since then, the public sector’s ledger has taken on the debt burden.  The frequency and amount of government bailouts and fiscal stimuli dished out by lethargic economies sent the ratio of government debt to GDP spiraling.  The Corporate sector have begun to deleverage while Households and Financials are taking on more.  This is especially evident in France, where sustainable growth is expanding in five strategic areas: education, research, industrials, infrastructure, and financial technology.

Publish Date:

For decades, free trade has received major support in the increasingly globalized market. of today. To account for the economic effects of free trade, Foreign Direct Investment (FDI) has caught the attention of economists and has become one of the most important components of measuring the economy. Since the Great Recession in 2008, most countries, especially the United States, have been experiencing a huge decline in FDI. However, in certain parts of America, we may see a much needed comeback of foreign investments in the next two years.

Publish Date:

A new wave of start-ups are forever changing the way people view the borrowing and saving of money. These financial-technology firms, or fin-tech firms, are gearing away from large corporations, such as Western Union, and are now relying on safe technology to enhance the financial world from the comfort of their warehouses. The many rising firms are reaping in the profits, while simultaneously sparking interest in investors and challenging the institutions that have reigned over the financial world for years.

Publish Date:

Harnessing the energy in shale has created a boom in the markets with enough momentum to alter the global energy industry altogether.  The controversial drilling technique involves fracturing shale formations using water, sand, and other (undisclosed) chemicals to access natural gas.  Entrepreneurial potential coupled with technological innovations from both the public- and private-sectors attract investment to either resource rich regions or competitive hedging projects for returns.

Publish Date:

In his recent article, Michael Burda, a Professor of Economics at Humboldt University Berlin, suggests the European Central Bank (ECB) should be redesigned with regional rather than national central banks. The column proposes that instead of each country having a national bank, boarders should be drawn to create regional banks. The United States, which has 12 regional banks, is a country that uses this central bank system.

Publish Date:

Silicon Valley has always been considered the Mecca of tech start-ups. Why Silicon Valley? Countries have been asking themselves this for years as the insistence on replicating the success of Silicon Valley becomes ever more alluring. Many have tried to replicate Silicon Valley but that has proven to be a herculean task. France, Norway and Malaysia have attempted to create an entrepreneurial rival but to no avail. There is no doubt that one of the keys to success is the relative ease with which a company is able to be started in the United States compared to the rest of the world and also the sheer amount of capital surrounding Silicon Valley makes access to funds easy but these strategies alone cannot explain why northern California has excelled, for many countries have duplicated these methods.

Publish Date:

While it is no secret that Sub-Saharan Africa has been plagued with poor infrastructure throughout the region’s history, the region’s economic prospects and investment opportunity just took another major hit. On August 7th, a massive fire damaged much of Kenya’s main international airport, Jomo Kenyatta International Airport, causing the airport to close indefinitely with no flights arriving or departing since the blaze was first reported. What made the fire so devastating to the airport was that the Nairobi County fire department did not have a single working fire engine, due to an auction last month where three of their engines were sold in order to pay a $1,000 USD repair bail, which local papers called a “disgrace of biblical proportions.” Despite the physical damage done to Kenya’s major airport, the destruction caused by the flames is unfortunately only the tip of the iceberg when it comes to the economic havoc that this fire most likely will unleash upon developing Sub-Saharan Africa.