Risks of global deflation rising

Article Abstract:

Industrialized countries are experiencing deflation, inflation rates below 1%, for the first time since the 1920s. Most economists consider the phenomenon benign. Others see similarities in the deflation statistics of the 1990s and those of the 1920s that preceded the Depression. Germany's high labor costs render it vulnerable to market downturns.

Research, Statistics, Economic research, Deflation (Finance), Deflation (Economics)

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Two cheers for democracy

Article Abstract:

Issues discussed concern the creation of a democratic government in Indonesia and the election of Abdurrahman Wahid and Megwati Sukarnoputri as president and vice-president, respectively. The economic turmoil of Indonesia is addressed, along with the international aspects of this emerging market economy.

Indonesia, International Monetary Fund, Economic policy, Political aspects, Democracy, Political leadership

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