Economic Model Predictive Control (EMPC) represents an evolution of traditional control strategies, where the primary objective is to directly optimise an economic cost function rather than merely ...
Bill Phillips was an outsider to economics, but he used a machine and a chart to change the way we think about the government ...

The China model falters

Forecasts of perpetual state-driven growth were destined to end in disappointment.
When China’s property market collapsed in 2021, its leaders scrambled to find a new driver of economic growth to replace housing construction. More investment in infrastructure, which had powered much ...
WASHINGTON, May 5 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF has been vocal about its policy prescriptions for China to move away from an ...
ATLANTA — The Federal Reserve Bank of Atlanta's GDPNow model published a final projection for GDP growth in the first quarter of 2025 on Tuesday at -2.7%. The forecast comes ahead of Wednesday's ...
In recent weeks, Western audiences encountered two starkly different portraits of China’s economic model. In his book “Breakneck,” tech analyst Dan Wang argues that China is an “engineering state” ...
In an opinion presented on March 10, the Competition Council delivered its verdict: the model is at a breaking point.
By Iddi Yire, GNA Accra, April 20, GNA – Mr Ahmed Ibrahim, Minister of Local Government, Chieftaincy and Religious Affairs, has charged Metropolitan, Municipal and District Chief Executives (MMDCEs) ...