... a primary-surplus target of 0.5 percent, followed by a 1.75 percent primary surplus in 2017. From 2018 onward, the agreement calls for the government to produce a 3.5 percent primary surplus every yea ...More
EJ Insight2015-08-13
... used “the surplus that they’ve accumulated in global trade and the fact that they’re not accountable to their constituencies”. During his four-day African sojourn, Obama did not explicitly compare Chi ...More
EJ Insight2015-08-04
... ry budget surplus for now. Under a relatively “good bargain”, the creditors would modify interest rates and extend maturities further as the International Monetary Fund now suggests, so that Greece d ...More
EJ Insight2015-07-20
... external surplus is still large at over 4 percent of GDP, with the current account surplus rising again. Together with a stable exchange-rate policy, this surplus will underpin the renminbi in the me ...More
EJ Insight2015-07-17
The United States posted a budget surplus of US$51.8 billion in June, down 27 percent from the same period last year, Reuters reported, citing a statement from the US Treasury Department. The current ...More
EJ Insight2015-07-14
... rd fiscal surplus of HK$4.94 billion in the financial year 1972/73, of which HK$669 million was from buoyant land sales. In the latest fiscal year, the government raked in HK$73.2 billion in land prem ...More
EJ Insight2015-07-06
... will be a surplus of 4,000 secondary one places even if the schools end up with just one fewer student in each class. Tuen Mun and Sha Tin districts have the most vacancies, with 900 and 450, respecti ...More
EJ Insight2015-07-06
... ry budget surplus (excluding interest payments) of 3.5 percent of GDP by 2018. Economists around the world have condemned that target as punitive because aiming for it will inevitably result in a deep ...More
EJ Insight2015-06-30
... t-account surplus growing to 10 percent of GDP in 2008. But such high surpluses are ultimately impossible to sustain. There simply is not enough import demand in the world to absorb ever-growing Chine ...More
EJ Insight2015-06-22
... operating surplus for 2014, helped by initial payments from developers and sales from several completed projects. It made a loss of HK$2.3 billion for the 2013-2014 financial year. URA said it expects ...More
EJ Insight2015-06-17
... an online surplus food platform. Professor Cheung Yan-leung, chairman of the fund, said it plans to earmark HK$1 million in seed capital for setting up the platform, through which food donors and rela ...More
EJ Insight2015-06-15
... ves and a surplus of factors that reduce returns. These include restrictive regulations that reduce firms’ ability to undertake new activities or enter new markets, especially across borders. The OECD ...More
EJ Insight2015-06-11
... to divert surplus capacity abroad amid an economic slowdown at home, or to diversify the US$4 trillion foreign exchange reserves. These arguments are plausible but secondary. A high-profile project of ...More
EJ Insight2015-06-08
... an export surplus of US$7.9 billion during the past 30 months. The actual capital outflow is about US$160 billion in that period. Some of this money has flowed overseas legally but some left the count ...More
EJ Insight2015-05-26
... t account surplus are also declining, he noted. -- Contact us at [email protected] JH/JP/RC ...More
EJ Insight2015-05-22
... ing their surplus cash, last year. Central banks in Sweden, Denmark and Switzerland have also imposed negative policy rates of between minus 0.25 per cent and minus 0.75 per cent as they battle deflat ...More
EJ Insight2015-05-20
... sult in a surplus of 110 billion yuan. This speculation, however, became the catalyst for a deep correction. Market gains have gone too far over the past month, and the market is under increasing pre ...More
EJ Insight2015-05-06
... a primary surplus of 3 percent of GDP. "The IMF thinks the gap between the two realities is very large right now," FT cited a senior official involved in the talks as saying. Athens, which is resisti ...More
EJ Insight2015-05-05
... sts, when surplus labor from the farm sector dries up and wages rise rapidly. The term refers to the views of Nobel laureate in economics William Arthur Lewis, who in the 1950s argued that a developin ...More
EJ Insight2015-05-05
... t account surplus, which was already a whopping 8 percent of gross domestic product last year. With external surpluses also rising in other countries of the eurozone core, the monetary union’s overal ...More
EJ Insight2015-05-04
