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Kenneth Rogoff
Filter: Category: ECONOMICS
  • ECONOMICS, Employment/unemployment, Technology, Innovation

    Christopher Pissarides and and Jacques Bughin, "Embracing the New Age of Automation"

    Project Syndicate - 16 Jan 2018

    The Nobel laureate and the consultant welcome technological disruption, but warn that its adverse effects must be managed in 5 different ways: (1) by embracing AI and automation without hesitation, (2) by equipping workers with the right skills, (3) by focusing on augmented-labor opportunities, (4) by ensuring that businesses innovate and capitalize on new market opportunities at the same pace as human tasks are being replaced; (5) by reinvesting AI-driven productivity gains in as many economic sectors as possible (reads in 5-7 min).

    Published in Weekly selection 19 January 2018

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  • ECONOMICS, Financial Markets

    Brian Chappatta, "Bill Gross Calls a Bond Bear Market After Treasury Yield Surges"

    Bloomberg - 9 Jan 2018

    As the yield on the US 10-year Treasury note just climbed today to its highest level since 2014, it’s worth reading this warning given 10 days ago by a bond market guru. If the three-decade boom in the $50tn market comes to an end, the consequences will be far-reaching and monumental (reads in 4-5 min).

    Published in Weekly selection 19 January 2018

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  • ECONOMICS, Forecasting

    Mathew Burrows, Robert Mannings and Owen Daniels, "Top Risks of 2018"

    Atlantic Council - 4 Jan 2018

    According to these 3 foresight specialists, they are: (1) North Korea On the Brink; (2) United States Poses Obstacle to Global Trade; (3) The United States in More Crisis? (4) Putin’s Post-Electoral Dilemma; (5) Can Europe Function Without a Crisis? (6) No End to Conflict in the Middle East; (7) Worsening Chaos in Yemen; (8) Slow Pace of Reform in Saudi Arabia Risks Sowing Frustration and Resentments; (9) A Scuppered Sputnik Moment for the United States and Europe? (10) Terrorist Threat Increasing Outside the Middle East; (11) Populism: it’s Too Early to Dismiss (reads in 8-10 min).

    Published in Weekly selection 12 January 2018

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