Artículos semanales - THE WALL STREET JOURNAL

Información tomada de THE WALL STREET JOURNAL

Europe's Poorest? Look North

This article in The Wall Street Journal - analyzes the data delivered by the ECB - European Central Bank, where the Germany’s households are presented as one of the poorest in Europe. The analysis identifies several factors that were not taken into account, which leads to an incomplete reality show about poverty level in the countries studied, and suggests that those countries are not really as poor as they seem.

Such surveys and studies should be conducted in a demanding, considering that the economy of a country can be negatively influenced by the erroneous disclosure risk symptoms too high, which directly affects the level of investor confidence in general economic development of a country.

There are also additional interests to display the information in this way: Taxpayers in Germany do not want to continue taking over weaker countries. They suggest that the richest private groups of the weaker countries should also take responsibility.

Economists React: Surprise Chinese Trade Deficit

 

Figures of China´s trade export Growth during this year seem to be erratic. During the first two months the submitted data seemed to be inflated, presumably to favor the environment prior to the transition of the Chinese leader. In the third month it was presented a marked reduction in growth. These data are not consistent because this year on February 10^th,the Chinese Lunar new Year holidays started, and production plants usually stop two weeks before this date and resume activity 2 weeks later, which means that for the whole month of February it should have been a large exports reduction, which did not happen. Besides exports to the United States and the European community were reduced this year according to the imports data from those countries, and Chinese export data showed an increase in exports to Hong Kong, with a final destination of export of materials to these two countries, indicating that there is no consistency in the information. Anyway the 10% exports growth data is an unwanted figure. It should be noted that mechanisms to validate released information authenticity must be taken into consideration to avoid a world economic impact due to bad practices that distort a country economic reality.