Beyond the bright prospects for the return to rapid U.S. economic growth and the resulting decline in federal debt as a percentage of gross domestic product, the U.S. will enjoy six major long-term advantages over its competitors. Read Here – Bloomberg
Our imperialist mindset — a hangover from the 20thcentury — suggests that developing countries are always helpless without the West. That says more about our limited analytical abilities than about how the emerging world will fare, writes Zachary Karabell Read Here – Reuters
Since 2010, global financial circles have been obsessing about China’s slowing economy. But, while the country barely met the official target of 7.5% annual GDP growth in the second quarter of this year – generating significant anxiety worldwide – China’s government seemingly remains calm, showing no indication that it plans to launch yet another stimulus […]
China leads the world in infrastructure investment. New roads, new railroads, new skyscrapers, even whole new cities seem to spring into existence every day leave little doubt that investment has been ambitious. But has it been wise? Read Here – Tea Leaf Nation
The reality is China’s official urban unemployment rate has long been a near-worthless measure. Even during the global financial crisis in 2009, when tens of millions of workers in China’s export factories lost their jobs, the official rate barely stirred, and it has been moving between just under 4 percent and 4.3 percent for most […]
China’s economy has shown signs of not working since the fall of 2011, but most economists and analysts chose to ignore them. Now, just about everyone is commenting on Chinese economic weakness. Expert opinion never seemed more synchronized. Read Here – WorldAffairsJournal
Is the decade-long BRIC dream over? Bloomberg reports that capital flight from Brazil, Russia, India, and China has sent their bonds, currencies, and stocks down together for the first time since 2006. Read Here – Businessweek
As Egypt’s political crisis rolls on and a transitional government tries to steer a path different from that taken by ousted President Mohamed Morsi, the country’s spiraling economy is at the top of the agenda Read Here – Time
For China, 2013 is becoming the year of the credible shrinking GDP growth target. Earlier in the year, the old 8% norm was shaved down to an official estimate of 7.5% by China’s State Council. Last week, Finance Minister Lou Jiwei moved that to 7%, and said an even lower number was possible. Read Here […]
China‘s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy. Read Here – Reuters
looking beyond borders 