World Economy
IMF’s World Economic Outlook, Fall 2021
Recovery During a Pandemic, Health Concerns, Supply Disruptions, and Price Pressures The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health …
Tax reform, what for?
José Manuel Suárez Mier* It is fashionable to propose tax reforms to raise government revenue to undertake endless spending, from creating a universal welfare state, redistributing income and wealth, investing in ultra-broadly defined infrastructure, to solving global warming. The jeremiad of some in Mexico, with …
Another post-pandemic economic crisis?
José Manuel Suárez Mier* When you read these lines, dear reader, the 28th annual meeting of the Alamos Alliance will be held virtually, which brings together economists from all over America to discuss current issues, no longer in the three days of face-to-face meetings in …
Father of the Washington Consensus dies.
José Manuel Suárez Mier * John Williamson, the talented British economist who created the famous and much-maligned Washington Consensus (WC), passed away last week after a fruitful career spent analyzing and proposing economic and financial policies that he believed were the most appropriate for growth …
Mundell’s Impossible Trinity
Image: Zhev on iStock José Manuel Suárez Mier* Some of my readers complained that I did not include Mundell’s essential contributions to international economics theory and practice in my previous article, which they are absolutely right. My only explanation is the difficulty of fully covering such a huge work in 500 words. I omitted the …
RIP the Great Economist Robert Mundell
José Manuel Suárez Mier* One of the most influential thinkers has just died. He made notable theoretical contributions while influencing the economic policy applied like few others: the creation of the euro and the European monetary union; the economic boom in the Reagan era; and …
Top 25 Automakers by Market Cap
Image: Google Largest automakers by market capitalization companies: 38 total market cap: $2.233 T RankNameMarket CapPriceTodayPrice (30 days)Country1TeslaTSLA$834.17 B$880.027.84%🇺🇸 USA2ToyotaTM$213.83 B$152.850.12%🇯🇵 Japan3VolkswagenVOW3.DE$94.53 B$173.43-1.17%🇩🇪 Germany4NIONIO$91.85 B$58.928.55%🇨🇳 China5BYD002594.SZ$88.82 B$34.021.10%🇨🇳 China6DaimlerDAI.DE$75.63 B$70.70-0.17%🇩🇪 Germany7General MotorsGM$61.63 B$43.06-0.60%🇺🇸 USA8BMWBMW.DE$55.79 B$86.39-0.75%🇩🇪 Germany9HyundaiHYMTF$55.13 B$54.3528.48%🇰🇷 S. Korea10FerrariRACE$53.98 B$217.97-1.86%🇮🇹 Italy11VolvoVOLVF$51.81 B$25.85-1.00%🇸🇪 Sweden12Great Wall Motors601633.SS$49.79 B$6.362.71%🇨🇳 China13HondaHMC$48.72 B$28.180.04%🇯🇵 Japan14SAIC Motor600104.SS$44.64 B$3.829.99%🇨🇳 China15Geely0175.HK$42.11 B$4.2919.60%🇭🇰 Hong Kong16Fiat Chrysler AutomobilesFCAU$35.98 B$17.72-2.58%🇬🇧 UK17FordF$35.80 B$9.00-0.66%🇺🇸 USA18Maruti Suzuki IndiaMARUTI.NS$32.79 B$108.565.93%🇮🇳 India19XPengXPEV$32.41 B$45.451.02%🇨🇳 China20Li AutoLI$30.78 B$34.30-2.25%🇨🇳 China21Kia000270.KS$24.21 B$60.398.41%🇰🇷 S. Korea22PeugeotUG.PA$24.00 B$27.06-2.17%🇫🇷 France23Suzuki Motor7269.T$23.81 B$49.062.37%🇯🇵 Japan24Nissan7201.T$20.31 B$5.19-1.61%🇯🇵 Japan25Chongqing Changan000625.SZ$16.50 …