Japan faces serious demographic headwinds. Under current fertility, employment and immigration rates, the population would fall by 45% by 2100 and employment by 52%. Given the challenges of a shrinking and ageing population, the government has pledged to “create a children-first economic...

This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find significant impact of credit growth on real GDP growth,...

1. The Gupta Empire – 400AD to 600AD -- 2. Chalukya and Kamataa: King Pulakeshin – 543AD to 753AD -- 3. The Pallava Dynasty -275AD to 897AD -- 4. The Chola Dynasty – 846AD to 1215AD -- 5. The Delhi Sultanate – 1226AD to 1526AD -- 6. The Mughal Dynasty – 1526AD to 1857AD -- 7. The...

Die leichte Schrumpfung der Wirtschaftsleistung im abgelaufenen Quartal ist in erster Linie auf einen Mangel an Exportdynamik zurückzuführen. Vor allem die deutschen Warenausfuhren in das Vereinigte Königreich, Italien, China und die Niederlande entwickelten sich im ersten Halbjahr 2019...