The OECD’s warning yesterday that weak trade growth may herald an economic downturn is wide of the mark. Trade in goods has continued to grow in line with industrial output and the link between trade...

Although the addition of China’s currency to the SDR basket may provide a short-term boost for the renminbi, its appeal as a reserve asset will be constrained by lack of convertibility and liquidity...

Many commentators have suggested that the next global recession may be just around the corner. In contrast, our view is that the balance of risks to world growth this year and next now lies on the...

Unemployment rates in the US, euro-zone, Japan, and UK are likely to continue falling gradually over the coming years. However, the prospects for wage growth in these four economies vary considerably.