During the past three decades, there has been a momentous change in the global economy. One of the most troubling and puzzling features — the failure of poor countries to catch up to developed countries — has seemingly been overturned. Read Here – Bloomberg View
The climate change talks in Bonn have now wrapped up with little firm action. Next year they move to Poland. But whatever is discussed or agreed in European cities over the coming years, the answers to climate change will not come from the west (beyond a few technological tweaks), but Asia. Read Here – The Guardian
It’s an issue when emerging markets are expected to contribute about 60 per cent to global GDP growth up to 2021, according to an International Monetary Fund forecast. China alone currently contributes to more than 30 per cent of global growth, trumping the US. Not surprisingly opportunities for human-driven insights are increasing in these markets. Read […]
United Nations climate talks set to begin in Paris next week promise to produce a landmark deal that has eluded diplomats for more than two decades. All of the Group of 20 nations, including the biggest developing countries — China, India and Brazil — have prepared to limit emissions into the next decade. Plunging costs for […]
The west has lost the power to shape the world in its own image – as recent events, from Ukraine to Iraq, make all too clear. So why does it still preach the pernicious myth that every society must evolve along western lines, asks Pankaj Mishra Read Here – The Guardian
The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates. Read Here – Bloomberg
The poorest half of the world’s population—that’s 3.5 billion people—control as much wealth as the richest 85 individuals! Read Here – Businessweek
The world economy is primed for its fastest expansion in four years, with the U.S. propelling the improvement in output. Read Here – Bloomberg
Western countries occupy almost all powerful and big-budget posts in the organisation, and sadly developing countries, despite their numbers, have allowed the bias to persist Read Here – The Hindu
looking beyond borders 