Murat's Musings
World according to Martin Wolf
Date:22Jul2017
In 7 charts, Martin Wolf, FT’s Chief Econ Editor, shows the profound changes the world economy is undergoing and it is faced with. These are the rising share of Asia in global output, changing
Economics in Transition
Date:01Jul2017
In a recent Project Syndicate article, Prof. Diane Coyle of Manchester University reviews three (critical) books on the state of economics, namely Andrew Lo’s Adaptive Markets; a collection of
Three reasons behind low inflation
Date:28Jun2017
In this perceptive article, as he warns against repeating Japan’s mistakes, Stephen Roach gives three reasons as to why inflation remains low, which are in a nutshell globalization (or the
Fed’s critical juncture – a few links for the record…
Date:21Jun2017
Remember this is not a blog in the traditional sense — I just simply write (irregularly) some (random) thoughts with hyperlinks on issues that interest me (and the people I deal with in my
IFIs on the EM growth outlook
Date:09Jun2017
Since around the second half of last year, growth prospects in emerging markets/developing economies (EMDE) have improved. But there is a lot of uncertainty over whether this is just a cyclical
CBRT on inflation dynamics
Date:28May2017
The Central Bank of Turkey has just published a very good and timely paper that explores inflation dynamics in Turkey. The paper, among other things, documents nicely how dynamics of inflation
The Man Who Knew
Date:21May2017
I finally finished this 700+ page monster, The Man Who Knew, The Life and Times of Alan Greenspan by Sebastian Mallaby, which was totally worth my time. I think it is by far one of the best books
Has the U.S. President become more “normal”?
Date:09May2017
Some 28 experts polled by the New York Times in this very interesting exercise seems to think so. Although “President Trump continues to be unconventional”, “he also seems to be adjusting to the
Will Economic illiteracy cause a trade war?
Date:25Apr2017
This is what Jeff Sachs boldly asks in a recent Project Syndicate column, a key point being that trade (or more broadly current account) deficits are about a country’s saving-investment gap, not
Indebtedness data, some links
Date:15Apr2017
If you are looking for overall (not just public sector) indebtedness data, here are some useful links. The IMF released this interesting work lately, that extends what we seem to know in the