Global Insights, Leadership, Risk Management
The economists and central bankers of the US Federal Reserve have a perplexing challenge. The US economy has picked up in terms of GDP growth, but inflation is below the Goldilocks target of 2%. How could economic models be wrong? What, if anything, has changed? It has spurred a serious discussion that suggests that US economy operates differently now. I think the answer is obvious – DEFLATION! We have deflation, just not in an absolute form. We have deflation in the economy like you might have bugs in your house. They are not everywhere, just in places. Overall, the house is mostly clean, but there are some bugs.
Automation, Baby boomers, Bots, Brexit, Canada, China, Congress, Deflation, Demographics, Digitization, economic growth, economics, featured, GDP, GDP growth, houshold income, Inflation, interest rates, Irving Fisher, lower taxes, Mexico, Millennials, Milton Friedman, Population, real income, Taxation, taxes, Trade, Unemployment, USA trade, yellen
Understanding China’s One-Child Policy Shift: Big Demographic and Economic Changes Ahead Today, China announced that it is abandoning its 35-year policy of limiting families to only one child. This policy has become a demographic experiment unmatched in the history of the world. Owing to this policy on reproduction, China is experiencing many challenges and risks […]
Africa, Aging, China, Data Risks, Demographics, economic trade, Global Affairs, Global Strategy, India, Inflation, International Business, Leadership, One child policy, Populations, Social Media Risks, Srategy, Winning with Risk Management
The World in 2050: Rapid Changes Ahead Last week, I picked up a copy of the Wall Street Journal and was saddened and troubled to see the picture of a baby Syrian boy’s body being recovered from the sea. It was all the more ironic that I was preparing to give a talk on the […]
2050, Africa, China, Demographics, Global Affairs, Global Growth, Globalization, Hispanic, Hispanic Population, India, International Business, Nigeria, Population, Trade, US, World Economics, World Economy
A Q&A with Russell Walker about risk management Many people think about risk management as a defensive strategy, a tool for minimizing exposure to economic crises or public-relations blowouts. But Russell Walker, a clinical associate professor of managerial economics and decision sciences at the Kellogg School of Management, argues that businesses should be thinking about […]
Big Data Risks, BP, Crisis Management, Cyber Risk, Data Breaches, Data Risks, Demographics, Enterprise Risk, Enterprise Risk Management, ERM, Global Affairs, Global Strategy, International Business, Leadership, Operational Risk, Reputation, Risk, Risk Class, Risk Management, Risk Management Training, Risk Strategy, Social Media Risks, Toyota, Trust, Winning with Risk, Winning with Risk Management
