Global reset – Monetary decoupling (Part 1: Sterilisation and QE) Phuah Eng Chye (19 June 2021) One important aspect of the global reset is the decoupling of monetary relationships. Narratives such as currency manipulation[1] or China’s dumping of US treasuries are simple and popular but they offer misleading perspectives on the inter-dependent relationship between US … “Global reset – Monetary decoupling (Part 1: Sterilisation and QE)”
Tag: financialisation
How information alters economic concepts
How information alters economic concepts Phuah Eng Chye (25 May 2019) Information always had a key role in societal advancement. However, its role was overshadowed by the visible pre-eminence of machines and technical knowledge in expanding physical infrastructure and production. The status of information has changed recently. The advent of technologies such as the internet, … “How information alters economic concepts”
Organisation of households: Aging, savings and financialisation
Organisation of households: Aging, savings and financialisation Phuah Eng Chye (21 April 2018) Policy incoherence tends to increase with the aging of an economy. Specifically, as the number of retirees increase, policy focuses on incentivising savings to ensure individuals can accumulate sufficient savings for their retirement. But at the macro level, the challenge is the … “Organisation of households: Aging, savings and financialisation”
The services economy: Comparing the manufacturing and service paradigms
The services economy: Comparing the manufacturing and service paradigms Phuah Eng Chye (2 September 2017) The share of the manufacturing sector has been falling and that of services has been rising for decades in many advanced countries. Services is the dominant sector in advanced economies. Yet the services sector is often treated as a poor … “The services economy: Comparing the manufacturing and service paradigms”