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Top five charts of the week

12 Mar

The top 5 charts of the week are chosen by our guest blogger Mihály Tatár and cover the recent jump in Italian long-term bond yields, the Trump effect in Central and Eastern European yields, the critical and worsening situation in Turkey, why we call copper “dr Copper” and why Facebook equity price downturns signal a big trouble… Click on the graphs to make them bigger.

 

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Why has digital innovation not created business value so far?

10 Dec

by Agnes Horvath

Once computers were large machines operated by technical staff working in specially constructed centers. Today, computers are used by everybody and microprocessors have become ubiquitous, present on desktops, automobiles all through to greeting cards.

Still, as Robert Solow from MIT put it: “You can see the computer age everywhere but in the productivity statistics”. It seems that the digital revolution does not seem to deliver in terms of increased productivity performances. What we see is that businesses had been making massive capital investments in IT, but at the very same time macro-level productivity growth was stagnant or even declining in most of the advanced countries – a concept economists define as the ‘productivity puzzle’.

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London calling – how NIMBY attitude might have lead to Brexit

12 Oct

The “city trilemma” may separate the winners and loser of globalization and could also partially explain Brexit voting patterns…

By Csaba Pogonyi and Istvan Zsoldos […]

Oil: Not yesterday’s fuel – just yet?

10 May

  • The new hype is again to say the end of the oil age is near
  • In the long run, this will happen…
  • …but before that some good years for oil are likely
  • Just as high prices reduced the likely future demand for oil, low prices will probably prolong its use

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The Volkswagen-scandal and its effect on diesel markets

2 Nov

Global dieselization will not end because of the scandal, but probably less people will buy diesel cars in Europe. The following post is our early take on the potential results, focusing on the economic and energy market effects. […]

LNG ante portas: Growing LNG penetration in Europe

20 Oct

In the previous post we highlighted that a significant oversupply is building up in international LNG markets, and suppliers have to find new markets as Asia seems to get satiated with LNG. In the longer run, we expect new markets to emerge while the deployment of LNG in transportation will become more widespread. However, in the next few years LNG can be sold only at those markets where infrastructure has already been installed to regasify and distribute LNG to consumers. Therefore, many free LNG cargos will head towards the European markets. In this post we examine to what extent LNG will be able to penetrate the competitive European gas markets and how market conditions will change as a result of the intensified international competition. […]

A new angle on the migrant crisis: Is it time for the EU to fund a new Hong Kong?

11 Sep

If over 10 million migrants started off to Europe we would probably need new and bold solutions. This is one such idea. […]

Options after the Greek vote: choosing the finger to bite

6 Jul

Greek voters may have though that they were voting on an immediate ending of the austerity. But that never was on offer, and difficult choices are just beginning with the vote. […]

The solar revolution

13 Apr

In a couple of years, it is going to be cheaper to build solar panels in Hungary than nuclear reactors. And the best part is that it will not need any state subsidy. […]

Apple car!?

5 Mar

What about making a phone battery first that lasts more than half a day? […]