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Economic Growth

Time to Focus on Individual Economic-Well Being of/for All

Frank Islam | Posted 02.08.2016 | Impact
Frank Islam

In conventional thinking about the economy, standard assumptions include: Economic growth creates jobs Jobs create individual prosperity A rising tid...

Latin America, Not Southeast Asia, Will Be the World's Economic Powerhouse

Rafael Salazar | Posted 02.03.2016 | Latino Voices
Rafael Salazar

as Americans and Europeans fret about China's economic outlook amidst rising debt, stagnating wages, and excess supply with weakened demand, changes are happening in South and Central America that could have a game-changing impact on the economic landscape of the 21st century.

When Culture Becomes a Strategy for Growth

Annicken R. Day | Posted 01.29.2016 | Business
Annicken R. Day

"Strategies are nothing but a guessing game for a future reality we impossibly can predict. Culture eats strategy for breakfast. With the right kind of culture, we can handle anything" my new boss told me.

Growth in Singapore - Good Governance for the Sake of Future Generations

St. Gallen Symposium | Posted 01.28.2016 | Politics
St. Gallen Symposium

By Natalie Feder and Rolf Bachmann, St. Gallen Symposium At the 1st St. Gallen Symposium Singapore Forum held on 23 January 2016, a number of promine...

Tunisia Targeting 5 Percent Growth by 2020

Boutheina Ben Yaghlane | Posted 01.28.2016 | World
Boutheina Ben Yaghlane

Five years since the Arab revolutions, Tunisia stands as the lone country to have embarked on a democratic path -- our exceptionalism instilling both a sense of pride and significant concern.

The Climate Post: Climate Change Tops WEF Risk Ranking

Tim Profeta | Posted 01.21.2016 | Green
Tim Profeta

For the first time, the World Economic Forum (WEF) has ranked an environmental risk -- climate change -- as the most severe economic risk facing the world. Global Risks Report 2016 says climate change is compounding and intensifying other social, economic, and humanitarian stresses such as mass migration.

China’s Economic Growth Hits 25-Year Low

AP | Kelly Chen | Posted 01.19.2016 | World

BEIJING (AP) — China's economic growth edged down to 6.8 percent in the final quarter of 2015 as trade and consumer spending weakened, dragging...

The Missing Ingredient in UN's 2030 Global Goals

Michael Shank, Ph.D. | Posted 01.26.2016 | World
Michael Shank, Ph.D.

The SDGs and the Paris climate agreement are clearly interconnected and any effort to tackle one without immediate consideration of the other will do serious disservice to both.

2016 Is a Year of Hope

Omar K. Alghanim | Posted 01.12.2016 | Business
Omar K. Alghanim

Modern and forward-looking programs like these serve as reminders that we all play a role when it comes to creating economically-inclusive environments that allow people to follow their dreams. Job creation is a big part of the equation.

Africa's Education Emergency

Mmanti Umoh | Posted 01.11.2016 | Education
Mmanti Umoh

We all agree that there are schools in Africa, however the challenge is; how much are Africa's children learning in schools? Education is the key to...

Solar: The Catalyst for Economic Growth and Improved Health in the World's Most Rural Locations

Cathy Zoi | Posted 01.10.2016 | Green
Cathy Zoi

Late last year my colleagues and I visited a remote village in rural Rajasthan, India. We were greeted by village leaders offering fresh flower garland necklaces while a joyous collection of enthusiastic, young boys beat drums and tins of all sizes in the background.

World Could Face Months Of Chinese Market Aftershocks

AP | Annum Masroor | Posted 01.08.2016 | Business

BEIJING (AP) — The latest trigger was currency jitters, but Thursday's plunge in Chinese stocks was just one in a series of aftershocks ...

Don't Blame Growth

St. Gallen Symposium | Posted 02.04.2016 | Impact
St. Gallen Symposium

Growth has lifted humanity from the caves to the cities and given us civilization. Yet today it is scapegoated by its critics for causing many societal ills. Growth's critics rightfully sound the alarm on environmental and social problems. But their criticism of growth misses the real issues of poor policy and misguided public values.

Why Countries Get Rich

Nigel Barber | Posted 12.17.2015 | Business
Nigel Barber

In A Farewell to Alms, economist Gregory Clark notes that the breathtaking increase in wealth in the modern world is due to steadily increasing wages ...

The Economic Consequences of Income Inequality

Tuomas Malinen | Posted 12.21.2015 | World
Tuomas Malinen

Income inequality may cause problems for the U.S. economy in the near future, but the means aimed at diminishing inequality should be carefully planned.

GDP Growth Belongs to Economic History

St. Gallen Symposium | Posted 12.17.2015 | Impact
St. Gallen Symposium

Using Green GDP as the new (and long overdue) default indicator will allow us to factor the value of a healthy environment for human life into the calculations political and economic decisions are based on.

Tax Policy Versus Tax Rates: A Look Inside the Republican Tax Reforms

Douglas Holtz-Eakin | Posted 12.16.2015 | Politics
Douglas Holtz-Eakin

America has a growth problem. In the postwar period the standard of living doubled roughly every 30 years. At current projections it will take nearly 50. Tax policy should support better growth and there are a number of interesting proposals to do so.

Quo Vadis, Economy?

Shohini Kundu | Posted 12.14.2015 | World
Shohini Kundu

Global economic growth is in a nation's self-interest. We should be working to promote growth wherever the ground is fertile.

China's Economy in Transformation: A Momentum for Change

St. Gallen Symposium | Posted 12.10.2015 | Impact
St. Gallen Symposium

It seems that there is a need to reconsider the economic path China has taken so far, a need for change. Acknowledgment, of course, is a first step. The government, companies and all seem to have become aware that the situation escalated.

New Nordic Climate Solutions -- A Contribution to the COP21 Dialogue

Dagfinn Høybråten | Posted 12.10.2015 | Green
Dagfinn Høybråten

The Nordics have a holistic take on society, coupled with a strong people perspective and respecting the individual. Therefore, a sustainable use of resources and care for the environment are prioritized in all the Nordic countries.

Kansas' Economic Growth Continues to Lag, Despite Tax Cuts

Michael Leachman | Posted 12.01.2015 | Politics
Michael Leachman

Tax-cut proponents predicted an economic boom, not meager growth. When Governor Sam Brownback signed the tax cuts into law, he said they would provide "a shot of adrenaline into the heart of the Kansas economy."

Why Republicans Are Bad for Business

Nigel Barber | Posted 11.18.2015 | Politics
Nigel Barber

Republican politicians bill themselves as pro-business, pro-growth, and pro-opportunity. Yet the financial facts say otherwise. Republican administrations bring hard times, for rich and poor alike. Why are their results so different from their aims? Perhaps Democrats are better at motivating workers.

Want to Grow the Economy? Time to Unleash the Devil.

Lynn Parramore | Posted 10.30.2015 | Business
Lynn Parramore

Adair Turner discusses his new book, Between Debt and the Devil: Money, Credit, and Fixing Global Finance and the critical questions -- and radical solutions -- that can help lift the economy for everyone.

Fair Hiring Practices: Big Bang for Buck and Bipartisan Support

Jared Bernstein | Posted 10.13.2015 | Politics
Jared Bernstein

Try to think of a policy idea that has the following characteristics: it costs almost nothing to implement; it has the potential to help millions of highly disadvantaged people raise their living standards; it is supported by both President Obama and the Koch brothers. You're envisioning the null set, right?

When Will Fed Raise Interest Rates?

Harlan Green | Posted 10.12.2015 | Business
Harlan Green

Even former Fed Chair Ben Bernanke has been irked by right wing conservatives for doing just the thing that most conservative economists, such as Martin Feldstein, and even arch-free market theorist Milton Friedman, said was the right thing to do during recessions--inject more money into the economy.