Pulse: Macro


EconVue Spotlight January 2022 - Skating, On Thin Ice

In just a few weeks, the Winter Olympics will be held in Beijing. Both Japan and China were unlucky in their timing; these Games without an audience must be bittersweet for participants as well. For me personally, they bring back memories.

Sustainability Stars: Norio Masuda

SAN FRANCISCO (Callaway Climate Insights) — Hitachi Ltd., a Japanese Fortune 500 conglomerate headquartered in Tokyo, headlines its corporate web page with the now familiar icon that marked the UN’s COP26 climate summit in November. Swipe that webpage one over, and we discover — not surprisingly — a banner headline laying claim to Hitachi’s 21st century corporate profile that intertwines business with social mission: “Hitachi social innovation is powering good.”

 

Three dynamics to watch for in '22 as sustainable standards unite

SAN FRANCISCO (Callaway Climate Insights) — Maybe the very idea strikes you as arcane — sitting at a table and debating endless hours to decide the size, shape and scope of global corporate sustainability standards — which then may take years before capital markets put them on par with accounting rules. 

 

It’s a Biden Boom—and No One Has Noticed Yet

If the current high levels of economic, job, and income growth continue, the 2020 midterms could look different than most are predicting.

EconVue Spotlight - Appointment in Samarra?

Last month, a bit past the peak of fall foliage, I went to Vermont to visit family. Along the way I decided to stop by one of the many small cemeteries that dot the state to see the only monument to the 1918 Pandemic in the US. Hope Cemetery was beautiful, graced with stone gates, on a shining autumn day and a place where the eternal and the impermanent exist side by side.

Sustainability Disclosure Marks Progress at COP26

COP26 critics, step to the side. From the get-go, few of us expected that the two-week UN Climate Summit in Glasgow, which ends Friday, would deliver the ultimate solution to climate change tied up in a big red bow and marked for extinction no later than 2050. There are too many variables, timetables, individual government and private sector interests at stake. But that doesn’t mean we are not on our way. We are. 

Why Your Mail Now Comes So Late

The frustrating deterioration in on-time mail delivery has become part of the ugly partisan brawls that animate Washington these days.  From the left, many see it as part of a plot by Donald Trump and his hand-picked Postmaster General to depress mail-in voting by sabotaging the postal system.  On the right, many view the U.S. Postal Service as a prime example of a bloated, unionized public bureaucracy incapable of doing a decent job.

Why Nobody Invests in Japan

Japan stands apart. In the rest of the world, countries seeking to boost growth encourage foreign companies to set up new facilities on their soil or buy domestic companies, ventures known as inward foreign direct investment (FDI).

The Essence of Japan’s Plight

A failure to realize that this is not your father’s economy

EconVue Spotlight September/October 2021: The Great Fall of China

In 2003 David Hale and I wrote an oft-cited article in Foreign Affairs, China Takes Off. Nearly two decades later, has China’s inevitable deceleration begun?

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