Roger Bootle ist Chefvolkswirt in einer großen, internationalen Bank in London und überhaupt ein eigenwilliger Kopf. Er warnte bereits 1997 vor der Gefahr der Deflation ("Das Ende der Inflation", ID 23/97), was er hier auch wieder tut und das Beispiel Japan eingehend schildert. Allein, diesmal...

Cover; Half Title; Series Page; Title Page; Copyright Page; Dedication; Contents; List of figures; List of tables; Preface and acknowledgements; List of abbreviations; 1 Introduction; 2 Current state of business cycle literature; 3 Alternative conceptions and methods of identifying business cycles; 4...

Across the world, researchers and business analysts are closely watching the People’s Republic of China (PRC), especially its recent economic slowdown. The Asia and Pacific region is extremely anxious about the PRC’s slowdown, but the rest of the world has a definite reason to worry about...

Regional Disparities has always remained a serious matter of concern. It is well know that in a large country like India, blessed with different regions and with various factor endowments like natural resources, human resources and knowledge would result in dissimilar growth path over time. Most...

This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups: industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose...