By John Richardson IF you think that progress towards tackling issues such as gender inequality in sub-Saharan Africa has nothing to do with forecasting chemicals and polymers demand growth, then you are going to face some severe difficulties over the next ten years. Sub-Saharan Africa loses around $95bn a year due to gender inequality, jeopardising the […]
Asian Chemical Connections
G20 Reassurances Not Enough To Stop A Currency War
By John Richardson PRESIDENTS XI Jinping and Barack Obama have made a commitment to avoid competitive currency devaluations at the G20 summit in Hangzhou. The fact sheet released by the two presidents also contained this statement: [China will] “continue an orderly transition to a market-determined exchange rate, enhancing two-way flexibility. “China stresses that there is […]
US Economic Rescue Fails On Missing Human Factor
By John Richardson THE US Federal Reserve thought it understood how the world worked, thanks to its FRB/US (Ferbus) computer model. “Assuming that the FRB/US model does a good job of capturing the macroeconomic implications of declining house prices, such an event does not pose a particularly difficult challenge for monetary policy,” John Williams, then […]
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