The world economy is picking up

It looks like the recovery rate of global economy has picked up its speed for past six months. Rapid economic growth is strong in different regions of the world especially in Asia, Europe and America with the same growth also observed in emerging markets such as Brazil and Europe. The rate is the highest in manufacturing sector of the economy. This global economic revival comes mainly from $300 billion spending of Chinese government in its second strongest economy in the world and adoption of expansionary policies.  These measures recused Chinese currency from rapid deflation and increased prices once again. However, there are doubts surrounding this optimistic global economic outlook. Debt recoveries of numerous nations including Europe and China are excruciatingly slow and banks are reluctant to write off old bad loans to make way for new loans. Regardless of these potential signs of drawback, it is always a welcoming sign to experience even a glimpse of positive economic growth.

http://www.economist.com/news/briefing/21718866-despite-anxieties-green-shoots-global-recovery-are-real-world-economy-picking-up

Japan could lead a resurgent TPP: Asian Trade Centre

           According to the article, even though America dropped out from the Tran-Pacific Partnership (TPP). As the executive director of the Asian Trade Centre, Deborah Kay Elms said, one purpose of the TPP is to push the member countries to open their markets, but for America which has already open a lot, what it can commit is actually very little. Also, becasue the relationship has been built up and some policy has been enacted, those countries can have good access with each other even though America is not there. Till now, most of the partnerships are built up under the lead of America and Japan can take the leadership but it's an unfamiliar role for it because it haven't been seen as a leader in this region. Elms thinks it would be a good chance for Japan and other Asian countries like China which is a partner of the Asean-led Regional Comprehensive Economic Partnership (RCEP), to learn to be a trade leader to fight against the raising protectionist sentiment. 

http://www.cnbc.com/2017/03/14/japan-could-lead-a-resurgent-tpp-asian-trade-centre.html

How Republicans want to change the health-insurance market

How Republicans want to change the health-insurance market

http://www.economist.com/blogs/economist-explains/2017/03/economist-explains-12

This is a really interesting article recently posted on Economist's website.  This discusses some of the potential downfalls of replacing the Affordable Care Act, along with pros and cons of the current ACA and the new healthcare plan that plans to replace it.  One of the populations most impacted by this is low income elderly folks.  I find this particularly disconcerting because many may not have the physical ability to make more income to help pay for the rise in their insurance premiums, if their plans change.

I am curious to hear what other have to share about this, as this is a very nuanced topic.

Sam Stull