The truth about Asian investment banking
China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

May 2005

Weighing the wages of thin

by Antony Currie


Have you ever been convinced that colleagues whose work is just as good as yours earn more than you simply because they are better looking? Or taller? Or slimmer?

Michael Owyang, senior economist at the Federal Reserve Bank of St Louis, examines some of the research on this in a paper written with colleague Kristie Engemann.

That a disproportionate number of...


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