After economic meltdown: Recovery and lessons learned
Recovery from the worst economic crisis since the Great Depression remains incomplete, but most experts concur that the worst is behind us. Now economists, policy makers and analysts alike are asking, how did we get here?
The new currency deal: Alternatives to the dollar
The American dollar is the major currency for commerce around the globe. By some estimates, the dollar is used in nearly half of all world trade, and has long played a vital role in domestic economies from Africa to the former USSR.
Update: Jobs and incomes fell in the Western states in 2009
Final revised state figures for 2009 have just become available for two key indicators: nonfarm employment (from the U.S. Bureau of Labor Statistics) and personal income (from the U.S. Bureau of Economic Analysis).
Can the world spend its way out of recession?
In the aftermath of recession, experts and international agencies such as the International Monetary Fund (IMF) often advise this strategy: countries are told to hold tight on currency flows as part of a painful set of austerity measures, let exchange rates drop, then boost exports and productivi
No 'great recovery' from the Great Recession
In 2009, inflation-adjusted output (Gross Domestic Product) fell by -2.4 percent. This was the largest one-year decrease in GDP since the Great Depression, causing economists to dub this contraction as the Great Recession.
China's controlled currency
Is the Chinese currency undervalued? If so, by how much, and how does this impact global trade? "That's a profound question," said one expert at "The Currency of Trade," a forum convened recently in Beijing, hosted by Arizona State University, the Kearny Alliance and Tsinghua University.
Podcast: Warnings for 'restrained' eaters
One-third of U.S. adults are obese, and another third are overweight, according to data recently published in the Journal of the American Medical Association. Marketing scholars Naomi Mandel, Andrea Morales and Steve Nowlis have been investigating what influences our decisions about diet.
Wrestling with the bullwhip effect
The 2007-2009 recession brought about shifting consumer demand that left wholesalers and manufacturers grappling with how best to change inventory and production strategies.
Scattered signs of life in Western housing markets
Western analysts scanning the economic horizon for signs of a housing rebound in the region, finding little evidence of recovery in 2009, are now setting their sights on 2010. Since last year was so bad, the consensus is that 2010 can only be better.
Podcast: New Year expected to bring fresh round of foreclosures
Real estate experts are watching for signs that the Phoenix market is returning to normal. Activity slowed a bit in November — a hopeful sign because it is consistent with seasonal norms. But the market is still feverish.