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Central Banks Should Stop Series of Rate Hikes amid Deepening Recession Risks: U.S. Expert

Central Banks Should Stop Series of Rate Hikes amid Deepening Recession Risks: U.S. Expert

SEOUL, Nov. 9 (Korea Bizwire) — South Korea and other major economies should stop a string of interest rate hikes to fight inflation, as the extended monetary tightening would exacerbate recession risks, a U.S. expert said Wednesday. Robert Barro, an economics professor at Harvard University, stressed that the central banks around the world, with the [...]

Moon Administration Should Focus on Increasing Productivity: Harvard Professor

Moon Administration Should Focus on Increasing Productivity: Harvard Professor

SEOUL, Oct. 19 (Korea Bizwire) – At the 18th World Knowledge Forum held at the Shilla Seoul Hotel on October 18, Harvard Economics Professor Robert Barro evaluated the current Moon administration’s focus on income growth as “not going down the right path” during a “2018 Global Economic Outlook” segment. Drawing comparisons to policies enacted in [...]