Chief Economist at the OECD Catherine L Mann joins Ed Mitchell on Investment Perspectives to discuss a new forecast from the OECD which predicts a drop of 3% GDP if the UK votes to leave the European Union, as well as impacting the EU itself negatively. She also discusses difficulties in a world of slow financial growth.
The Institute for Fiscal Studies says the UK could face a further 2 years of austerity measures if we vote to leave the EU. Economists in the Leave camp disagree and say economic growth would accelerate following an exit. Carl Emerson is the author of the IFS report, Deputy Director at the IFS, Carl Emerson. He joins Ed Mitchell for more discussion.
There are many aspects and huge ramifications associated with the Tata steel saga but at the heart of the matter is selling the right quality steel, at the right price, to the right customer in the right place. Given that the UK, or indeed other European producers, will never be able to compete with the giant producers of China. The Focus may have to be on niche, high end production. For his views, Ed Mitchell of Investment Perspectives is joined on the line by Dominic King, Head of Policy at UK steel, the trade association for the British steel industry.
In light of disappointing recent data, the OECD have again revised down their forecasts for the global economy. Emerging economies, considered the engines of growth only a few years ago, continue to slow while advanced economies have undergone at best modest growth. So why has robust global growth remained elusive and more importantly what urgent policy responses has the OECD called for? For answers Share Radio's Alexi Phillips spoke to Catherine Mann, chief economist at the OECD, earlier today
Jessica Hinds, European Economist at Capital Economics, is on the line with her analysis of the decision by Sweden's Central Bank to cut its benchmark rate to push up sluggish inflation amid worries about global growth
Japan's long-term Credit rating has been downgraded by S & P to A+, in response to continued poor economic performance. William Saito, special adviser to the Cabinet Office of the Government of Japan, talks us through the impacts this could have on Abenomics.