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OECD governments borrowing expected to hit record $11tn

Gross borrowing of OECD governments from the markets is set to surpass $11tn this year. This would be a new record, above the current record of $10.9 trillion set in 2010.

Derivatives’s Credit Terms in Eurozone Tighten Further

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.

The Most Important Question Jay Powell Need to Answer – Where is the Saturated...

The most important question for the 30th Jan Fed meeting balance sheet policy, because it is also most underrated by the market.

How will the shutdown impact GDP growth?

The effect is shown differently on nominal and real GDP

Japan exports (Dec 2018) recorded largest fall in two year

Japanese exports record a year-on-year drop of 3.8% in December 2018, the most substantial shrinkage since October 2016.

Global Economy

Interviews

Economics Rules – Why Economists do it with Models | Q&A with Dani Rodrik

Rodrik explained why good economists think in terms of models, and what are major differences between models and theory. He also told us why macroeconomists' quest to find "the one true model" on the business cycle is probably misguided.