China’s powerhouse provinces propel economy towards GDP target
Following the fifth plenum, Beijing is banking on robust output from 10 provinces to offset laggards and secure national growth. Read More Here
Following the fifth plenum, Beijing is banking on robust output from 10 provinces to offset laggards and secure national growth. Read More Here
As societies age and trade fragments, policymakers must adapt to sustain growth and support rising living standards. Read More Here
Even as inflationary pressures ease, geopolitical tensions and structural factors such as unfavorable demographics and high debt levels have taken a toll on household and business confidence worldwide. The challenge for governments is to rebuild confidence and enhance productivity, which remain essential to getting the global recovery back on track. Read More Here
China’s exceptional growth in recent decades has influenced the education and career choices of young people and their families. But now that high-skilled jobs are drying up and recent graduates are struggling to find work, there is a growing mismatch between expectations and new realities. Read More Here
Mainland China’s overall population fell in 2022, illustrating how widespread shifts to pro-natalist policies are not producing the desired results. Read More Here
Without a doubt, India could be on the cusp of a historic boom—if it manages to increase private investment, including by attracting large numbers of global firms from China. But will New Delhi be able to seize this opportunity? Read More Here
After helping to drive decades of development and modernization in emerging economies, the twentieth-century economist W. Arthur Lewis’s Nobel Prize-winning growth model can now be applied to the entire world. Unfortunately, what it shows is that we are heading into a period of deep uncertainty and supply-constrained growth. Read More Here
In planning for the year ahead, economic policymakers should pay less attention to the consensus economic forecast and more attention to today’s everything asset and credit market bubble. Maybe then when those bubbles burst, they will not be caught out as flatfooted as they were in 2008. Read More Here