With an economy growing faster than China’s (10.3% growth was recorded last year), Turkey has attracted a significant amount of business interest. Few were surprised when Turkey was included in reputed economist Jim O’Neill’s latest grouping of emerging economic giants alongside Mexico, Indonesia and Nigeria. These four markets form the ‘MINT’ acronym, a successor to [...]
Gary’s thought for the month.
With my nerdy credentials firmly established in recent posts, I feel that I have nothing to lose now by declaring my unhealthy interest in The World Economic Forum Annual Meeting which took place last week in Davos-Klosters, Switzerland. Hopefully there was precious little time for skiing as 4000 of the worlds [...]
Gary’s thought for the month
For the last few decades China has concentrated on the quantity of growth for its economy. For the next decade I think this will change. Instead of focusing on how much economic growth they can achieve, China needs to concentrate on the quality of growth.
Economists around the world have been carefully [...]
The African Union (AU) Summit took place in the Ethiopian capital, Addis Ababa last week.
It was the 19th such occasion that the 54 African states have come together for a series of talks and meetings to further the organisation’s goal of propelling a united continent towards peace and prosperity.
With controversy in the build up [...]
I have often spoken about the emerging countries and the effect of their growth on the rest of the world economies. Now it is time to talk about its effect on the important stuff…football. You’ll indulge me, there is a real business point in here…… somewhere! And I am old enough to still be nostalgic [...]
When the Economist asked its readers if they expected 2011 to be a better year for the global economy than 2010, 72 per cent of its readers responded yes. That’s certainly good news, if it bears out. Certainly, some economies are looking strong and set for rapid growth. The chart below predicts the fastest and [...]
The August results of McKinsey’s regular global economic conditions snapshot are out now and reveal some interesting differences of opinion between European and US executives.
The good news is that, globally, executives’ expectations for national economies and corporate prospects have remained more positive than negative and that the financial services reforms recently passed in the [...]
Not only has Brazil emerged from the global recession in stunning fashion, its GDP has grown at an annual rate of 9 per cent in the first quarter of 2010 – that’s the fastest in two decades!
With fears of inflation going out of control top of their mind, the government is attempting to put the [...]
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