Global Economy

Education Can Make All the Difference in the Lives of Refugee Children

Deborah Ellis | Posted 09.10.2015 | Canada Impact
Deborah Ellis

A school says to a refugee child, "You have somewhere to go each day. You have someone who believes you can learn and who makes you sit up straight. You have an important job to do with your life and you are worth someone's time to see that you do it."

Why Canada Should Cautiously Monitor Greece's Financial Crisis

Gerry Som | Posted 07.06.2015 | Canada Business
Gerry Som

A Greek crisis cannot be good for the world right now, and we cannot/should not be mute spectators. Here are some reasons why we in Canada in particular, and the rest of the world in general, have to cautiously monitor the current events in Greece, and should try to guide or help Greece get out of the crisis before it becomes contagious. Canada already has internal financial stresses, just like many other countries around the world do, at this moment; this Greek crisis can add to external stress for many countries, and this really is bad timing, and an unwanted occurrence for the world economy.

How Will the Federal Budget Affect Our Lives?

Salman Sakir | Posted 05.05.2015 | Canada Politics
Salman Sakir

The federal budget announced recently has interesting policies that are expected to affect Canadians. Economic Action Plan 2015 has different components that may affect the lives of Canadians differently. An important aspect of the budget is that it would be balanced in 2015-16 with a projected surplus of $1.4 billion.

It's Time to End Our Dependence on Oil

Bessma Momani | Posted 06.22.2015 | Canada Business
Bessma Momani

Periods of instability that punctuate oil price history, highlight the importance of energy sector reform, which can be made all the more effective if paired with climate change considerations. To avoid climate change pitfalls created by falling oil prices it is necessary to approach environmental reform in new and innovative ways.

World Finance Leaders Feeling Jittery

CP | Harry Dunphy, The Associated Press | Posted 04.20.2015 | Canada Business

WASHINGTON -- The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European...

Key Ideas From the New World Forum For a Better Global Future

Adam Moscoe | Posted 12.18.2014 | Canada
Adam Moscoe

How are technological innovations shaping global futures? What could the next industrial revolution look like and who and what might bring it about? H...

Global Economic Projections

Salman Sakir | Posted 07.16.2014 | Canada Business
Salman Sakir

The world economy has been going through rapid changes for the last few decades. The emerging economies, led by China, have grown at a rapid pace. Thi...

Can Canadians Handle the Economic White Water Ahead?

Peter Hall | Posted 06.24.2014 | Canada
Peter Hall

Canada will see timely benefits as global trade picks up. Prospects for the domestic economy are not strong, but exports are already rising nicely. Domestic weakening should help to free up capacity for exports, which is running pretty tight in some industries. In others, there is capacity to absorb growth.

Global Recovery, Is It Really You?

CP | Harry Dunphy, The Associated Press | Posted 03.16.2014 | Canada Business

WASHINGTON - The global economy is slowly picking up steam, led by advanced economies appearing to turn the corner after five years of financial crise...

Is the Economy Really "Different This Time"?

Peter Hall | Posted 11.26.2013 | Canada Business
Peter Hall

There's a clever-sounding phrase that has repeatedly wreaked havoc with the macro economy: "It's different this time." It's all over the place now, couched in neatly nuanced narrative about our "new normal." Is it once again misguided advice, or is there good reason to believe that this time really is different?

Should the Global Economy Brace for Another Middle Eastern Oil Crisis?

Jeffrey Rubin | Posted 11.03.2013 | Canada
Jeffrey Rubin

The U.S. military has targets picked out in Syria and President Obama is trying to convince Congress that America needs to intervene. If the U.S. does go ahead with tactical strikes against the Assad regime, oil markets will be caught in the middle. Any significant reduction in exports will be felt in the rest of the world.

Will the Summer Shine on or Sour the Economy?

Peter Hall | Posted 09.10.2013 | Canada Business
Peter Hall

There's a sour seasonality that has become entrenched in recent global economics. In the past few years, summer has become a disarmingly punctual momentum-killer of global production. Perhaps the most critical question in EDC's Summer 2013 Global Export Forecast is whether we are in for yet another summer drubbing, or whether this is the year we break with that sorry tradition.

What's Asia's Bellwether Economy Saying?

Peter Hall | Posted 05.14.2013 | Canada Business
Peter Hall

Just when the Western World was worried about a serious double-dip recession, the unthinkable happened: Asia faltered.

Global Standards and International Industries

Ian Lifshitz | Posted 05.01.2013 | Canada
Ian Lifshitz

We often hear the expression "global village", however the many differences from one region to another mean very different legal frameworks from count...

Buyers Control the Bucks. What Are They Saying?

Peter Hall | Posted 03.20.2013 | Canada Business
Peter Hall

Is business growing? Ask the buyers. Want a hot gauge of economic activity? It's probably best to go to the front lines. There are many indicators of economic activity, but they don't all tell the same story. One of those is the purchasing managers' index, now collected for a wide array of countries. What are these "buyers" telling us?

Grab Your Goggles, We're Swimming in Oil

Peter Hall | Posted 02.19.2013 | Canada Business
Peter Hall

Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!

The Best Way to Grow the Economy? Creativity

John M. Eger | Posted 01.19.2013 | Canada Business
John M. Eger

Importantly, Canada and nations like America have entered a new phase in which promoting creativity and innovation represent the only option for boosting global competitiveness. Canada or any country desirous of succeeding in an interconnected world must aggressively adopt the idea that creativity is the single most important ingredient to reinventing itself.

Global Economy DOWNGRADED

CP | Elaine Kurtenbach, The Associated Press | Posted 12.09.2012 | Canada Business

TOKYO - Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the Internatio...

If You're a CEO, Don't be a Hypocrite

Randall Craig | Posted 05.16.2012 | Canada Business
Randall Craig

Is there a conflict between your organization's policies externally, and the ground rules it enforces internally? In today's world of many-to-many contact and community-building, philosophical alignment is no longer optional. And without alignment, there is hypocrisy.

Ex-Clinton Adviser: 'Karl Marx Had It Right'

The Huffington Post Canada | Scaachi Koul | Posted 10.15.2011 | Canada Business

In light of plummeting stocks and rising joblessness, economist Nouriel Roubini isn't too optimistic on the state of the global economy. Roubini, w...

'Total Fear': Dow Wipes Out 2011 Gains

CNN | Posted 10.04.2011 | Canada Business

Whoops! There goes any progress stocks made in 2011. Stocks plunged Thursday, with the Dow tumbling 500 points just before the close, as fear about th...

Smaller Penises Mean Bigger Economies, Study Says

The Atlantic | Posted 09.18.2011 | Canada Business

In a study published today, the University of Helsinki's Tatu Westling points out a surprising strong correlation between a country's GDP growth rate ...