The World Economy

Video – BBC World News interview on French, European, and World economic outlook from the World Economic Forum in Davos, January 2014
Pre-Davos Blog on Forbes
Post-Davos Blog on Forbes

Access to Finance Blog

What Drives the Cost of Default Insurance?

What Drives the Cost of Default Insurance?

One of the many negative consequences of the COVID-19 pandemic is that companies may default. Companies going ...
The Effect of the ECB’s Bond Buying Program

The Effect of the ECB’s Bond Buying Program

The European Central Bank is launching a €750 billion bond buying program to address the COVID-19 pandemic. Will ...
Capital Markets in China

Capital Markets in China

China will soon become the largest economy in the world, but many Westerners (myself included) know very little ...
Corporate Finance in China

Corporate Finance in China

China will soon become the largest economy in the world, but many Westerners (myself included) know very little ...
How Macroeconomic Conditions Affect Stock Prices

How Macroeconomic Conditions Affect Stock Prices

John Cochrane of Stanford has written an excellent review of recent advances and future research directions in ...
Are US Industries Becoming More Concentrated?

Are US Industries Becoming More Concentrated?

Industry concentration has increased substantially in the US over the last two decades. But is this a problem? The ...
Is Short Termism Really A Problem?

Is Short Termism Really A Problem?

"Myopia [short-termism] is a first-order problem faced by the modern firm. In the last century, firms were ...
Corporate Governance in China

Corporate Governance in China

China will soon become the largest economy in the world, but many Westerners (myself included) know very little ...
Blockchains: How they work, and how they may transform the world

Blockchains: How they work, and how they may transform the world

We hear blockchains mentioned all the time, but very few people know what they actually are, how they work, and ...
The returns to investing in grass-roots sport and the distraction of Olympic medals

The returns to investing in grass-roots sport and the distraction of Olympic medals

"Unless we look more creatively about how we engage everyone in physical activity, we may win medals but we will ...

Davos in a Nutshell (Non-Economics Sessions)

Perhaps the most illuminating sessions in Davos were ones unrelated to economics, and thus gave me insights into ...
Eradicating World Poverty: Inspiring a New Generation to Act

Eradicating World Poverty: Inspiring a New Generation to Act

This is a summary of a Davos session on "The Post-2015 Goals: Inspiring a New Generation to Act" on the ...