Monthly Archives: September 2010
source: OECD, open-thinking.com Global growth has experienced what economists call a ‘structural break’: the centre of growth is moving steadily toward final demand in the developing world. This is a profound change. Unlike most episodes of broad growth in middle- … Continue reading
source: World Bank, IMF, open-thinking.com The 50 countries above have annual income per capita of USD 5000 or greater. Correlation does not equal causation. But there’s sure some intuitive sense here. On balance, why would the rich pay for the … Continue reading
The article appears to be freely available.