Chief Economist's Note Capital Economics at 25: Five themes from the past – and for the next – quarter century Capital Economics is 25 years old. Founded by Roger Bootle in 1999, the company has grown from a handful of employees (and clients) to a global enterprise which today provides macro and market insight... 14th February 2024
Australia & New Zealand Economics Weekly Productivity repair will pave the way for rate cuts Australian labour market data released this week showed that hours worked per employee fell sharply in January, continuing a downtrend that began early last year. The deep slump in average hours... 16th February 2024 · 5 mins read
US Economics Focus Has a new productivity boom begun? The resurgence in productivity growth is mainly a cyclical response to the tightness of the labour market rather than a sign that the AI revolution is already bearing fruit. Nevertheless, that still... 7th February 2024 · 12 mins read
China Economics Weekly Xi wants faster growth in total factor productivity President Xi this week made clear that faster productivity gains are central to his “high-quality development” agenda. Focusing on raising productivity is a good idea in principle but making it a... 2nd February 2024 · 6 mins read
China Economics Focus Still unbalanced, still unsustainable Despite repeated talk about the need to rebalance China’s economy over the past decade and a half, there has so far been little meaningful reduction in its dependence on investment and on exports. In... 22nd January 2024 · 15 mins read
Australia & New Zealand Economics Weekly Homebuilding slump isn’t as bad as it seems With new dwelling commencements falling to a 11-year low, some commentators have raised concerns that a lack of housing supply will fuel a resurgence in inflationary pressures. However, we're not... 19th January 2024 · 4 mins read
Latin America Economics Focus Mexico: will nearshoring live up to the hype? The optimism about Mexico’s economic prospects from the “nearshoring” of supply chains looks overdone in our view. Sectors where Mexico is already well established, such as autos and some electronics... 8th January 2024 · 28 mins read
Global Economics Update Key risks for 2024 In this Global Economics Update, we describe eight of the biggest risks to our economic forecasts for 2024. The unusual nature of this cycle and uncertainties surrounding the transmission of monetary... 30th November 2023 · 6 mins read
Australia & New Zealand Economics Update Migration not the sole cause for productivity slump While subdued capital spending has contributed to the slump in productivity, the recent plunge in the capital/labour ratio can only partly be explained by the surge in net migration. 23rd November 2023 · 3 mins read
Global Economics Focus The shape of the fractured world economy in 2024 Our expanded Global Fracturing database allows clients to analyse how geopolitical pressures are reshaping global economic and financial activity. Here, we highlight some of the key findings. 16th November 2023 · 10 mins read
US Economics Weekly Has the AI productivity boom already begun? While we are optimistic about the prospects for an AI-related boom in productivity over the next decade, it’s hard to tell whether the current pick-up in growth is a genuine structural acceleration or... 27th October 2023 · 7 mins read
China Economics Weekly Emerging industries won’t replace property The leadership's recent promotion of "new-type industrialisation" has led to suggestions that emerging new manufacturing sectors like green technology could take the place of property as drivers of... 29th September 2023 · 5 mins read
