Edward is a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows.

Edward is based in Barcelona, and is currently engaged in research on aging, longevity, fertility and migration, and the impact of all of these on economic growth. He is currently working on a book "Population, The Ultimate Non-renewable Resource?" He is a regular contributor to a number of economics weblogs, including India Economy Blog, A Fistful of Euros, Global Economy Matters and Demography Matters. He was, in fact, a founding member of all these weblogs.

Edward follows in detail the Indian, Italian, Spanish, German and Japanese economies. He has a more than a passing interest in the economies of Turkey and Brazil and in the emerging economies of Eastern Europe.

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Recent Blog Posts by Edward Hugh

• For Whom the Bailout Tolls February 21st, 2012
• Quick Reality Czech February 19th, 2012
• Global Manufacturing Steadies as She Goes, or Does She? February 6th, 2012
• A Month in Spain That Didn’t Shake the World January 22nd, 2012
• Arming The Bazooka? January 18th, 2012
• Monti, The Full Version January 18th, 2012
• The Massendowngrade Effect January 16th, 2012
• Playing Chicken and Rooster with Hungary January 12th, 2012
• From Here to Eternity, Hungarian Style January 8th, 2012
• The Rain in Spain Falls Mainly on the Journalists, It Seems January 1st, 2012
• Italy Braces Itself for the Full Monti December 26th, 2011
• Is Finland Really a Closet Member of the Eurozone Periphery? December 18th, 2011
• A Deep Seated Hostility Towards European Construction? December 11th, 2011
• Last Days of Pompeii? November 28th, 2011
• How Would You React to the News Your Local Central Bank Just Went Bust? November 20th, 2011
• Ireland: Crying All the Way to the Bank September 12th, 2011
• High Noon Approaching for Greece? September 8th, 2011
• Life on PMI Cold Comfort Farm August 25th, 2011
• Eastern European Growth – Coming Rapidly off the Boil? August 22nd, 2011
• The Policymaker’s Fear of the Italian Penalty Shot August 17th, 2011
• Going Dutch – One Possible Solution to the Euro Debt Crisis? August 15th, 2011
• Is the Risk Accompanying Estonia’s Eurozone Membership Really that Low? August 14th, 2011
• Could There Really Be A Recession Risk In Germany? August 4th, 2011
• Spain’s High Risk Election Process August 3rd, 2011
• Is Japan in Danger of a Deflation Relapse? July 31st, 2011
• A Hungarian Waltz On The Wild Side July 27th, 2011
• Recession Warning in Europe’s Periphery July 25th, 2011
• Smoke On The East European Horizon? July 10th, 2011
• Can Italy Grow Its Way Out of Debt? June 29th, 2011
• Red Lights Flashing For Eurozone Growth June 27th, 2011
• Nine Reasons Why Spain’s Economy Is More Different Than You Think! June 25th, 2011
• India’s Economy Hits What Has To Be A Very Welcome “Soft Patch” June 19th, 2011
• To QE3 or Not to QE3, That Is the Question June 5th, 2011
• BELLS in Hell that Don’t Go Ting-a-Ling-a-Ling June 2nd, 2011
• Is Italy, Not Spain, the Real Elephant in the Euro Room? May 22nd, 2011
• Greece: Last Exit To Nowhere? May 15th, 2011
• The Great Greek and Spanish GDP Mystery – One Hypothesis May 15th, 2011
• Is There Really Such A Thing As A Eurozone Credit Cycle? May 9th, 2011
• Japan’s Economy Struggles For Air May 6th, 2011
• Global Manufacturing Slips Back Slightly In March April 4th, 2011
• Global Manufacturing Slips Back Slightly in March April 4th, 2011
• Surely There Is Nothing “Funny” About What Is Going on in Japan? March 21st, 2011
• Surely There Is Nothing “Funny” About What Is Going On In Japan? March 19th, 2011
• Chronicle Of A Policy Error Foretold March 12th, 2011
• And Then There Were Seventeen…. January 13th, 2011
• Turkey’s Audacious Experiment In “Post Modern” Monetary Policy January 8th, 2011
• Another Lesson in How Not to Go About Things from the EU Commission November 30th, 2010
• Another Lesson In How Not To Go About Things From The EU Commission November 29th, 2010
• Greece Is Almost Certainly “On Track” – But Towards Which Destination Is It Headed? November 28th, 2010
• Mr. Zapatero Said What……..? October 18th, 2010
• Estonia’s Now-You-See-Me Now-You-Don’t Inflation Rate October 12th, 2010
• Is a 6% 2011 Deficit Realistically Within Reach for Spain? October 5th, 2010
• Bubble Trouble in Finland? October 4th, 2010
• And Then There Were None September 27th, 2010
• The Odd Couple September 3rd, 2010
• On the Shoulders of Giants – How Spain Is Destined to Follow in Germany’s Footsteps August 31st, 2010
• The Baron Münchhausen Effect August 30th, 2010
• How Many Times Can One Driver Fall Asleep at the Same Wheel (And Live)? August 23rd, 2010
• The Shape of Bulgarian Things to Come August 23rd, 2010
• Controlling the Uncontrollable: Spain’s National Addiction to the Use of “Dinero B” August 19th, 2010
• One Chart to Rule Them All, One Chart to Find Them (Out) August 9th, 2010
• Too Soon To Cry Victory? August 6th, 2010
• Do the Latest European Bank Lending Numbers Reveal a Major Headache Looming For the ECB? July 30th, 2010
• Latvia: The Demographic Price Of Procrastination July 28th, 2010
• Under Stress July 26th, 2010
• Is There a Global Economic Slowdown in the Works? July 14th, 2010
• Croatia: On The Brink of What? July 8th, 2010
• What a Difference a Day Made! May 2nd, 2010
• The Greek Tragedy Continues April 25th, 2010
• Do I See Movement in the Greek Trenches? April 20th, 2010
• China’s Recent Trade Deficit: Is What You Yuan What You’re Gonna Get? April 19th, 2010
• Angela Calling April 12th, 2010
• From a Greek Debt Crisis to a Eurozone Structural One? March 26th, 2010
• Why Not Unravel the IMF Too While We’re at It? March 25th, 2010
• Waiting for Something to Turn up: Europe’s Looming Pensions-based Sovereign Debt Crisis March 18th, 2010
• Serious Problems Emerge for the F-UK-De Group of Countries March 16th, 2010
• The German Economy Is Essentially “Intact” March 11th, 2010
• Hanging in the Balance over at the ECB March 7th, 2010
• The “Three Speed” Global Manufacturing Recovery Continues in February March 2nd, 2010
• Too Soon to Cry “Victory” on Latvia March 1st, 2010
• Just what is the Real Level of Government Debt in Europe? February 16th, 2010
• Greek Bailout News (1) February 2nd, 2010
• After Greece, and Portugal, Does Spain Come Next? January 31st, 2010
• Does Anyone Really Know the Size of the Greek 2009 Deficit? January 22nd, 2010
• Hungary isn’t another Greece……..Now is it? January 22nd, 2010
• Spain Gets Frobbed-Off by the EU Commission January 20th, 2010
• The Italian Lion Sleeps Tonight, and Yet Awhile………. January 20th, 2010
• Double-Dip Worries In Japan and Germany January 14th, 2010
• Mr. Bean Meets the Three Wise Men January 11th, 2010
• That “Staggering” Greek Deficit Continues to Stagger Onwards and Upwards January 5th, 2010
• Ten New Year Questions for Paul Krugman January 4th, 2010
• Hungary’s Economic Correction Still Fails to Convince December 29th, 2009
• Why Standard and Poor’s are Right to Worry about Spanish Finances December 22nd, 2009
• Is Austria Set To Join The Honourable Company of PIIGs? December 16th, 2009
• That Which the ECB Hath Separated, Let No Man Join Together Again! December 11th, 2009
• Double Dip Alert in Japan December 9th, 2009
• It’s All Greek to Me December 9th, 2009
• Russia’s Economy Slows in November December 6th, 2009
• Total Eclipse at the Heart of Dubai’s World November 29th, 2009
• Just How Much of a Eurozone Rebound Really Was There in Q3? November 17th, 2009
• The Dollar As A Funding Currency November 12th, 2009
• Beyond the Consensus on European Bank Credit October 28th, 2009
• The French Rebound Continues In October While Germany Moves Sideways October 28th, 2009
• Spain’s Manufacturing Contraction Accelerates in September October 7th, 2009
• Spain’s Current Account Deficit Folds in on Itself October 7th, 2009
• As Hungary’s “Correction” Heads For A Dead End, Time For A Change Of Course? September 21st, 2009
• How Will The ECB Ever Manage To Stop Funding Spanish Government Debt? September 16th, 2009
• Bank Rossii Eases Further as Russia’s Economy Contracts at a Record Rate September 16th, 2009
• Latvia’s Agony Continues In The Second Quarter – With Little Relief In Sight September 9th, 2009
• Slovenia Has a Better Second Quarter, But the Slump Continues September 3rd, 2009
• Twenty Percent of Spanish Mortgages Now Considered to be High Risk August 18th, 2009
• Japan Emerges From Recession, but the Slump Continues August 18th, 2009
• Hungary Struggles To Apply Its Own Unique Version Of “Internal Devaluation” August 3rd, 2009
• IMF Imposes New Conditions on Latvia July 16th, 2009
• The Global Manufacturing Contraction Eases Again In June July 6th, 2009
• Are the IMF and the ECB Lining Up Against the EU Commission over Latvia? June 30th, 2009
• Everything In Germany Is Going Up…. June 19th, 2009
• Banking Problems In Southern Europe Send The Whole World Running For Cover June 18th, 2009
• The European Parliament election of 2009: the “summer of discontent” poll? June 8th, 2009
• More Than “A Whiff” Of Deflation In Japan June 2nd, 2009
• May Manufacturing Improves Again According To The JPMorgan Global PMI Report June 2nd, 2009
• Exports And Investment Drag German GDP Down In First Quarter May 28th, 2009
• The New Orthodoxy Is Upon Us May 27th, 2009
• Europe’s Economic Activity Looks Up (a bit) In May May 26th, 2009
• Don’t Get Carried Away Now! May 26th, 2009
• Japan’s Economy Contracts At An Annualised 15.2% In The First Three Months Of 2009 May 22nd, 2009
• Is Hungary Set To Become The New Iceland? May 21st, 2009
• The Russian Government Forecasts A Possible 8% GDP Contraction For 2009 May 20th, 2009
• Is The Indian Economy Heading For Its Finest Hour? May 19th, 2009
• Slovakia Takes The Biscuit – GDP Drops 11.2% In Three Months May 18th, 2009
• The Agony Continues – Latvian GDP Falls By 18% May 15th, 2009
• Not All East European Economies are the Same May 13th, 2009
• The Global Services Contraction Also Stabilises in April May 11th, 2009
• Japan’s Economic Contraction Stabilises In March May 7th, 2009
• The Global Manufacturing Contraction Stabilises In April May 6th, 2009
• Eurozone PMI Rebounds In March April 24th, 2009
• Slovenia’s Contraction Continues April 13th, 2009
• Russia’s Economy Contracts By 7% In Q1 2009 April 8th, 2009
• Spain’s Unemployment Continues Its Sharp Upward Surge April 3rd, 2009
• JPMorgan March Global PMI Report Shows (Slightly) Slowing Contraction April 2nd, 2009
• European Economic Sentiment Falls Again In March April 1st, 2009
• The Euro-Zone March PMI Holds Near February’s Record-Low March 27th, 2009
• 12% GDP Contraction Forecast For Ukraine Economy In 2009 March 24th, 2009
• The Almunia Syllogism March 23rd, 2009
• The Serial Borrowing of Catalonia’s “Robin Hood” March 20th, 2009
• Germany’s Recession Worsens Again March 16th, 2009
• Why You Need Devaluation – An Open Letter To The People Of Estonia March 13th, 2009
• Are Austria’s Banks More At Risk Than Their Italian Counterparts? March 9th, 2009
• JP Morgan’s Global PMI Shows Another Substantial Contraction In February March 4th, 2009
• Eurozone Inflation Expectations Fall As The Output Gap Rises March 3rd, 2009
• What This Weekend’s EU Summit Did And Did Not Achieve March 2nd, 2009
• “There Is No Deflation Threat In Europe” – Jean Claude Trichet – Oh Really! March 2nd, 2009
• Italian Business Confidence and Retail Sales Fall As Bond Spreads Rise February 28th, 2009
• Russia’s Economy Declines At An 8% Annual Rate In January February 27th, 2009
• US Fiscal Deficit Projected At 12.3% of GDP In 2009 February 26th, 2009
• Japan’s Exports Collapse In January February 25th, 2009
• Let The East Into The Eurozone Now! February 23rd, 2009
• Europe’s Economic Contraction Intensifies In February February 21st, 2009
• Ukraine GDP Down 20% Year on Year In January February 19th, 2009
• The EU Bonds Story Rumbles On February 18th, 2009
• Santander’s Banif Fund Suspends Payments February 17th, 2009
• Japan’s “Unimaginable” Contraction February 16th, 2009
• Germany’s Incredible Shrinking Economy February 13th, 2009
• China – The Begining Of The End, Or The End Of The Beginnining? February 13th, 2009
• Russian Debt And The Euro February 10th, 2009
• Italy Needs EU Bonds And It Needs Them Now! February 9th, 2009
• The (Credit) Drought In Spain Falls Mainly On The Plane February 4th, 2009
• Eurozone Manufacturing Contraction Continues To Be Severe February 3rd, 2009
• Central Europe’s Manufacturing And Consumers In A State Of Shock February 3rd, 2009
• China’s Manufacturing Sector Continued To Contract In January February 2nd, 2009
• Why Latvia Needs To Devalue Soon – A Reply To Christoph Rosenberg February 1st, 2009
• Spain’s Recession Deepens January 31st, 2009
• Germany’s Economic Woes Continue In January January 23rd, 2009
• The Long And Difficult Road To Wage Cuts As An Alternative To Devaluation January 20th, 2009
• Germany IS About To Have Its Worst Recession Since WWII January 20th, 2009
• Italy Slips Slowly But Steadily Into Its Worst Recession In Over 30 Years January 18th, 2009
• Will All Be Well, And End Well, In Estonia? January 15th, 2009
• S&P’s Puts Spanish Sovereign Debt On Ratings Watch Negative January 15th, 2009
• Portugal Sustains January 15th, 2009
• Putting Out Fires During Noah’s Flood, Or Eyeless In Gaza Part II January 13th, 2009
• As The Labour Market Turns German Exports And New Orders Tumble January 9th, 2009
• Why Spain’s Economic Crisis Is Something More Than A “Housing Slump” January 8th, 2009
• December’s JPMorgan Global PMI Shows Just How Far The Infection Has Spread January 5th, 2009
• What Are The Chances That We Just Hit The Second Great Depression Out In Ukraine? January 1st, 2009
• What Is The Level Of Deflation Risk In Germany? December 30th, 2008
• Did (or Didn’t) Japan Just Re-introduce Quantitative Easing? December 25th, 2008
• Why The IMF’s Decision To Agree A Latvian Bailout Programme Without Devaluation Is A Mistake December 22nd, 2008
• Japan’s Contraction Is Evidently Far Worse Than Previously Estimated December 18th, 2008
• Russia’s Economic And Financial Meltdown Continues Apace December 16th, 2008
• Why We All Need To Keep A Watchful Eye On What Is Happening In Greece December 15th, 2008
• So Just When Does Spain’s Twin Deficit Problem Become Unsustainable? December 13th, 2008
• The NBH Cuts Interest Rates As Hungary Enters Its Second Recession In Two Years December 11th, 2008
• Romania’s Economy Heads Off Quietly And With No Fanfares Into It’s Deepest Crisis in a Decade December 9th, 2008
• As Spanish Unemployment Rises Sharply Again, Just When Did Spain Enter Recession? December 3rd, 2008
• With Italy In Recession Consumer Confidence Declines Further In November November 27th, 2008
• Are Baltic Devaluations Now In The Works? November 24th, 2008
• As The Federal Reserve Readies-Up Quantitative Easing, The Bank of Spain Sees Little Prospect Of Deflation November 21st, 2008
• The Spanish Crisis In A Nutshell November 19th, 2008
• Germany’s Recession Becomes Official November 17th, 2008
• Inflation Is Dead In Spain, Fasten Up Your Seat Belts For A Sharp Dose Of Deflation November 16th, 2008