Sub-zero rates are becoming the "new abnormal" in a shaky world economy. With fresh panic hitting markets, are we finally hitting the limits of what monetary policy can achieve? Click on the countries to find out
The oil price may stay low for a long time. Is that good or bad for the world economy? Just about everyone failed to spot the collapse of the oil price, including a former oil economist called Alex Salmond, who lost a wager made just before the Scottish referendum that the price would never fall below $50 a barrel. He paid up on the nail: a crisp $50 bill landed on the desk of the winner of that interchange within a week of the price dipping below the magic level.
Anyone who knows Polish history cannot help but marvel at the country’s emergence from the ashes of its traumatic past. Over the last 25 years, Poland, after centuries of war and subjugation, has enjoyed peace, a stable and booming economy, and integration with the rest of Europe.
A four-part series on Radio Four focuses on the Mint countries - Mexico, Indonesia, Nigeria and Turkey - tipped as the next to assume their places at the high table of economic success. Jim O'Neill explains what they have in common.
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