Resources
Does Central Bank Independence Frustrate the Optimal Fiscal-Monetary Policy Mix in a Liquidity Trap?
Read morePoland, the EU Growth Leader
By Bill Witherell, Cumberland Advisors Chief Global Economist The title of this commentary may come as a surprise. Over the past year and a half, the sovereign debt crisis in the Eurozone has dominated European issues in the financial press. There has been little mention of the Central and Eastern Europe members of the [...]
Read moreOne Year After the Tsunami, Japan Is Back
by Bill Witherell, Chief Global Economist, Cumberland Advisors One year ago the Japanese economy was dealt a devastating blow by a major earthquake and the resulting tsunami and nuclear crisis. In 2011 Japanese economic growth, as measured by real (constant-price) GDP, is estimated to have declined by almost 1%. There are indications the economy is [...]
Read moreDebt Ratings Agencies: Their Role in the Global Debt Capital Markets – Past, Present and Future Part IV
Part IV of the February 29th Conference on Debt Ratings features a presentation by Catherine Mann on Credit Ratings and International Capital Flows: Consequences for the Dollar.
Read moreDebt Ratings Agencies: Their Role in the Global Debt Capital Markets – Past, Present and Future Part III
Part III of the February 29th Conference on Debt Ratings includes a presentation on Sovereign Debt by Norbert Gaillard and A European View of the American Ratings Agencies by Peter Kerstens.
Read more