New Zealand is touted as the poster-child for a successful economy despite interest rates so high theyd get up an astronaut's nose. But behind the smiles, a different story is emerging.
Economies: Canada's house price collapse
Reports in the Canadian media today show a terrifying collapse in the value of property.
Economies: IndyMac is dead, long live IndyMac
The official notice that caused turmoil: "On 11 July, 2008, IndyMac Bank, F.S.B., Pasadena, CA was closed by the Office of Thrift Supervision (OTS) and the Federal Deposit Insurance Corporation (FDIC) was named Conservator....
Economies: UK: 750,000 empty homes and rising – and so is inflation.
More evidence that the UK's Labour Party, under the stewardship of Tony Blair and Gordon Brown, has squandered the health economy gifted to them in 1997 comes with a rash of economic data that shows that despite years of good-news stories,...
Malaysia reduces fuel subsidy
Faced with an impossible burden, the Malaysian government has been forced to reduce petrol subsidies. The population doesn't understand and thinks the government is raising prices. In reality, what is needed is a change in motoring habits to rap...
Malaysia provides heavy fuel subsidy for its population, and it's costing the country ever more as the price of oil skyrockets. But fuel stations...
Economies: USA -if you want a mortgage, the banks don't want to know
... unless you are a low repayment risk and can offer excellent security. A report published by the USA's Federal Reserve Bank shows that home lo...
Economies: AUS inflation upsets predictions
Australia's facing the risk of recession combined with inflation. And that's not good news.
Economies: The US battens down the hatches
If you have to use more shoe leather next year to walk between Foot Locker shops, it's because there will be 140 less of them than there are now,...
Economies: 96% of Emirates workforce to be foreign within 12 years - report
A report in ArabianBusiness.Com quotes a Dubai official as saying that only 4% of the Emirates workforce will be UAE nationals by 2020, if action...
Business Environment
What drives economies, and what drives government economic policy? Are there alternative strategies that would achieve the required objectives yet create less disruption? Are the objectives valid? Contribute to The Chief Officers' Network's Economics section and help create the body of work that explains how economics works - and doesn't - and your understanding of the effects of policies and suggestions for improvement. Click on Contribute us to find out how.