In today’s hyper-connected world, analysis has become a mere commodity. Retrieving it – let alone information – is like drinking from a fire hydrant. For example, Googling “global economic growth" yields 61 million results; “Eurozone deflation”, 1 million; “tensions in south-east Asia”, 2 million, and so on... It should therefore come as no surprise that we get easily lost in this myriad of information and analysis.
In the face of analysis overload, it becomes invaluable to sift, select and frame the issues and opinions that matter. This is why The Monthly Barometer came up with a Weekly Selection of op-eds and articles. Each week, we select just five of them (out of hundreds that are sent to us by our network) that we frame in two or three sentences. These five pieces convey in a succinct and accessible manner the thinking of people whose opinions matter the most in a variety of macro fields: economics, geopolitics, society, environment, technology and psychology. They constitute a “formidable” shortcut to complex analysis by offering insights and snapshots that can be read in just a few minutes and are easy to digest. For those keen to make sense of today’s world, The Weekly Selections are a must-read. They constitute the best antidote to information and analysis overload.
As a new service, The Monthly Barometer is now offering to its subscribers, and a potentially much larger group, a curation of all The Weekly Selections. On any given macro issue, it will be possible to access the best thinking at the tap of key. This service should therefore be of particular interest to researchers and students enabling them as it does to grasp with ease “who said what and when”.
Subscribers of the Monthly Barometer can access curated Weekly Selections as part of their subscription.
Researchers and students who do not wish to subscribe to The Monthly Barometer can access them on a pay-as-you-wish basis. Please pay an amount that corresponds to the value you attach to the product. If you don’t want to pay, remember the following: “If something online is free, you are not the customer – you are the product” (Jonathan Zittrain, George Bemis Professor of Law at Harvard Law School and the Harvard Kennedy School of Government).
Curation of weekly selections – A distillation of the opinions that count!
- REVIEW OF BOOKS
Michael Spence, "Growth in a time of disruption"
Project Syndicate - 26 Jul 2016
The Nobel laureate in economics argues that emerging markets are facing major obstacles to achieving sustained high growth, and that they have little to no control over many of them. In particular, the disruptive impacts of technology are set to erode their comparative advantage in labor-intensive manufacturing activities. He suggests five conditions to adapt their growth strategies (reads in 6-8 min).
Published in Weekly selection 30 July 2016
Michael Spence, "Reigniting Emerging-Economy Growth"
Project Syndicate - 30 May 2016
Emerging economies have a lot on their plates. Ultra-low interest rates and ultra-fast cross-border capital flows encourage their over-dependence on low-cost external capital that can be withdrawn in a heartbeat. In addition, low borrowing costs spur excessive reliance on leverage, weakening the will to undertake reforms needed to boost growth. And there is more: they must adapt to digital capital-intensive technologies that are reducing and dis-intermediating “routine” jobs. According to the Nobel laureate, this will produce high variance in performance across countries and probably reduce the average pace of convergence. (reads in about 7-10 min)
Published in Weekly selection 3 June 2016
Ben Bland, "China’s robot revolution"
Financial Times - paywall - 29 Apr 2016
We try not to include articles that require a subscription, but this one deserves to be an exception. It’s a tale about (1) the pace of disruption provoked by automation, (2) how the robot-driven revolution is affecting global manufacturing, (3) and how this process will affect emerging markets’ normal route to prosperity. In short, the spread of robots makes it much harder for developing countries to get on the “escalator” of economic growth. (reads in about 12-15 mn)
Published in Weekly selection 30 April 2016
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