From international trade to interest rates, macroeconomics is in yet another tail spin
![](https://volterra.co.uk/wp-content/uploads/2023/04/EH1079134_Bank_of_England_06_cropped.jpg)
Fifty years ago, the Euro area accounted for 30 per cent of the world’s economy. Since then, there has been a steady fall; now, its share of world output has halved. In contrast, the Asia-Pacific economies have grown much faster. These trends are well established, and this region will increasingly dominate the world economy. Yet, […]