Incomes Earned on Assets Rising while Labor Income is Falling

Incomes Earned on Assets Rising while Labor Income is Falling
Yilmaz Akyüz: The crisis is not big enough for a fundamental change in economies like the United States; if we don't do the right things, we're bound to have bigger crises

  December 17, 2012

Is the Global Economy on the Verge of Another Meltdown?
YILMAZ AKYÜZ: From the US to Europe, from China to Brazil, the indications are that if current policies don't change, another major recession is likely

  November 19, 2012

Chinese Market Won't Save Global Capitalism
Yilmaz Akyüz Pt2: China's export model not sustainable; domestic consumer demand too weak to make serious difference to lack of demand in developed economies

  December 13, 2012

Bubble in Developing World Won't Substitute for Domestic Demand
Yilmaz Akyüz: There needs to be a write-off of household debt to spur a real recovery

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