Israel graduated into OECD

Israel graduated into OECD. Theirs is an interesting saga.

In 1977, they liberalised the capital account, and got themselves into a mess. This opening of the capital account was then reversed.

In the 1990s, they got back to this issue, and by this time, the `impossible trinity’ was better understood. By 2003, all capital . . . → Read More: Israel graduated into OECD

On Top Of A Growth Engine

Back in July 2009, Intel asserted that the young recovery of 2009 would be anything but lackluster.

On Tuesday, the leaders of the chip giant re-asserted their claims for 2010 and beyond.

Paul Otellini, Intel’s CEO, told analysts that its earnings per share and revenue should grow at an average annual rate in the . . . → Read More: On Top Of A Growth Engine

Addressing the Problems of Rupeezone

While everyone is pondering the ways in which Eurozone is not an optimal currency area, I found myself worrying about the ways in which Rupeezone is not an optimal currency area. In the Financial Express today, I have a column: Addressing the problems of Rupeezone.

Here are interesting materials on Greece which set the . . . → Read More: Addressing the Problems of Rupeezone

Economic Events on May 12, 2010

The Mortgage Bankers’ purchase index was released at 7:00 AM EDT, and there was a week to week decrease of 9.5% last week, since the second financial stimulus program for home sales came to a close in the previous week.

At 8:30 AM EDT, the International Trade report for March will be released.  The . . . → Read More: Economic Events on May 12, 2010