Pulse


The IMF Report: Short-Term Resilience, Rising Medium-Term Risks

The IMF/World Bank held their Spring Meeting in Washington. The IMF issued the semi-annual updates of its two major reports-the World Economic Outlook (WEO) and Global Financial Stability Report (GSFR).  In these reports, the IMF remained upbeat about the short-term outlook for the global economy, but warned about rising downside risks, especially in the medium- to long-term.

Mission First: Mission Health’s Surprising Sale to HCA

On March 22, 2018, Mission Health in Asheville, North Carolina announced its intention to sell its seven-hospital not-for-profit (NFP) health system to HCA Healthcare, the nation’s largest for-profit healthcare system. The parties expect to sign definitive sale agreements by mid-summer and finalize the transaction by year-end. [1]

How the 2018 Summit of the Americas can still make a difference

I just published article on the Summit of the Americas in Lima, Peru.  Although the article was written before the missile strike in Syria, and doesn't capture the impact of the action on the summit agenda, I believe that the basic analysis of the conservative trend in the region is consistent with what happened at the summit, and the article's arguments about the agenda for the Americas may continue to be of use to you as a point of reference. This article was originally published by the Global Americans.

Goodbye “Dr. Know-It-All”: Medicine’s Liberating Knowledge Explosion

Goodbye “Dr. Know-It-All”: Medicine’s Liberating Knowledge Explosion

The digitization and globalization of medical information is overwhelming traditional medical practices. Physicians confront a continuous avalanche of medical discoveries on disease origins, symptoms and treatments. By 2020, medical knowledge will double every 73 days.[1]

False Spring? | EconVue Spotlight

Spring has been a bit tardy this year in the US, and I hear many other places, but not in Asia.  The title of a recent Brookings meeting at Northwestern University was “Japan, the United States, and the Future of Asia”  but the topic was Korea.  I posed the question of whether or not we are experiencing a false spring. Talks between the two Koreas, the US and China are certainly a hopeful development, but do they mask fundamental and growing divisions between the major powers in the Pacific? Together, these countries comprise half of global GDP.

Institutional Crypto Terms

The dramas of volatility in the price of bitcoin and scams in "coin"-offering fundraising schemes overshadow legitimate cryptofinance developments.

For nearly the last year, crypto-coins have been developing into an asset class and investment ecosystem. From two conferences I attended this year, one in Chicago and the other in Singapore, it seems to me that the Chicago firms see the opportunities for developing trading infrastructure while the Asian investors and regulators see real possibilities for financial innovation.

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