Britain Is Now A Developing Country
Britain is a rich country accruing many of the stereotypical bad habits of a developing country. Read Here – The Guardian
Tag: Developed country
The New New Thing
It is the new new normal: a way to describe the persistent state of subpar economic growth plaguing developed nations. Read Here – Bloomberg
U.S. Needs To Prepare For Weaker Economic Growth
For the past three years, economists have been arguing about whether growth—the way we’ve understood it in developed economies—will ever return to the wonder years of the end of the 20th century. This week, cautiously, quietly, the Congressional Budget Office weighed in: Maybe economic growth is slowing for good. Read Here – Businessweek
World Bank Cuts Growth Forecasts as Developed Nations Lose Steam
The World Bank cut its global growth forecast for this year as austerity measures, high unemployment and low business confidence weigh on economies in developed nations. The Washington-based bank projects the world economy will expand 2.4 percent, down from a June forecast of 3 percent, after growing 2.3 percent in 2012. It halved its forecast for Japan, cut […]
That India Vs China Debate…Again
Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing countries. In the long run, however, I’m betting on India to emerge as the more significant global economy. Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of […]
Bernanke Says Easing Won’t Destabilize Emerging Markets
Federal Reserve Chairman Ben S. Bernanke tried to refute arguments the U.S. central bank’s record stimulus is causing destabilizing flows of capital to emerging-market economies. “It is not at all clear that accommodative policies in advanced economies impose net costs on emerging market economies,” Bernanke said today in prepared remarks for a seminar in Tokyo on the last day of […]
looking beyond borders 