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Globalization, the new “Hangzhou consensus” and the Trump election

It is fashionable to mock the major world summits. It is also fashionable to blame globalization for all our ills. Lastly, it is fashionable to predict a China’s economic collapse. Actually, the last G20 meeting...

OCED Emerging Markets-MarketExpress-in

OECD sees growth slowing as emerging markets lose steam

The Organization for Economic Cooperation and Development (OECD) expects slower global growth in the decades ahead. It blames ageing Western populations and lagging productivity in emerging economies for the slowdown. Global gross domestic product (GDP)...

Exporting nations more lenient to foreign corporate bribery

Transparency International has said governments in many OECD nations have become less inclined to fight companies that use bribery to get contracts abroad. It cited budgetary reasons to be behind the backsliding. The anti-corruption watchdog...

G20 to chart road to recovery as growth fears mount

G20 finance ministers and central bankers are meeting in Moscow to tackle emerging threats to growth. Their agenda includes the jobs crisis in Europe, currency fears in emerging nations and corporate tax avoidance. The two-day...

OECD predicts record eurozone unemployment for 2014

The Organization for Economic Cooperation and Development (OECD) believes unemployment in the eurozone will reach a new record by the end of 2014. In other industrialized countries job creation will be picking up slowly. Mass...