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All items tagged growthGlobal Must Read ArticlesOctober 26, 2011 | More Productivity, Less Austerity Will Save EuropeThe lack of a common fiscal policy is what allowed the Eurozone debacle to occur. ++ Europe has at the same time experienced extremely low levels of growth compared to the US and emerging markets, forcing it to accrue debt to prevent living standards from deteriorating. ++ Germany’s austerity plan will do little to stimulate growth in Southern Europe. ++ Europe requires wide-reaching structural ... MoreAugust 12, 2011 | US and Europe Must Support BRIC RecoveryThe world economy now depends less on the leadership of the US and Europe, and more on the domestic consumption of large developing markets. ++ Western policymakers should be wary of new monetary stimulus, as a weaker dollar could raise inflation rates in the BRIC countries, slowing the growth of their domestic demand. ++ To support high consumption in emerging markets, Western leaders should ... MoreMay 7, 2008 | Challenges and Promises of China's UrbanizationChina’s growth is especially generated in the cities. Their contribution to the GDP is around 75 percent. In 2025, there should be a billion Chinese living in urban areas, 350 million more than today. They could then be responsible for 95 percent of the Chinese GDP. For Chinese as well as international companies, this advancing urbanization of China holds huge promises. At the same time, ... MoreApril 14, 2008 | Liberalizing Services for Future GrowthSince they help increase productivity and develop economic potential, efficient services are fundamental to modern economies. ++ Because the service sector is expanding rapidly and contributing to sustainable growth, liberalization could boost the world economy by $1 trillion. ++ Australia and the US will thus not support the WTO’s Doha package unless it includes commitments to loosen constraints ... More |
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