The Economy of the Philippines

China’s position as the world’s factory is shifting. Growth is slowing to approximately 4-5%, wages are rising, the workforce is shrinking due to an aging population, the property crisis is weighing on GDP, and Western tariffs are restricting exports. For decades, China produced ...  Afficher plus

Home ownership is now unattainable in every major city worldwide. For the first time, none of the 95 cities tracked by Demographia are considered affordable. In cities such as Hong Kong (14.4 times income), Sydney (13.8 times), Vancouver, London, and San Francisco, housing prices ...  Afficher plus

Economics is sometimes called the “dismal science.” But the International Monetary Fund (IMF) has a surprisingly positive outlook for the U.S. economy—even if public sentiment hasn’t yet caught up. Host Ravi Agrawal discusses the state of the global economy with Gita Gopinath, th ...  Afficher plus

The Filipino people are paying a heavy price for regional tensions between China and the US, Philippine president Ferdinand Marcos Jr tells Gideon. He explains how he hopes to steer clear of conflict, build up the economy and focus on mitigating the economic damage caused ...

Go back 50 years and Latin America was generally wealthier than East Asia. But that has been reversed.

While the economies of East and South East Asia have taken off, enjoying a so-called "economic miracle", Latin America’s have experienced only tepid growth, despite th ...

The former British colony in South America boasts the world’s fastest-growing economy at the moment – it expanded by 62 per cent last year, according to the International Monetary Fund.The reason is oil. Since 2015, US oil major Exxon and its partners have made a series of massiv ...  Afficher plus