Tag: Economy

The Lure of Easy Money

Editor’s letter- Dina al-Wakeel In a blatant challenge to Western nations that have long dominated the global financial system, the BRICS emerging economics have decided to establish their own $50 billion development bank. Noble as the idea may be, its…

Us and the Rest

Why are economies around the world steadily powering ahead while ours remain stifled? Six months into 2014, and we’re faced with a mix of good and bad currents shaping both the world and our region. Some of them are old,…

As the Debt Grows

Most governments borrow money, but it’s how they spend it that counts. The Economist- Yusuf Mansur Jordan’s current debt-to-GDP ratio has been much higher in the past, so why is it suddenly attracting more grumbling than ever before? Net public…