Keyword:Economic Growth

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GED Video: The Crossroads India
Growth and Growing Pains


In recent years, India has emerged as one of the globe’s fastest growing economies. Overall, the country has has averaged seven percent growth annually over the last decade. How has India’s digital transition helped push this growth? And can digital tools help make this growth accessible for all? More ...

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5 Reasons for the Global Trade Slowdown


Since the fall of the Iron Curtain, the volume of global trade has been characterized in part by double-digit growth rates. Yet evidence shows that this growth has declined steeply since 2012. This piece examines the reasons for the decreasing dynamism of global trade. More ...

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Study: Wage-setting Strategies for the Eurozone


  In a recent blog post we showed that the upturn of the German economy between 2000 and 2009 was primarily due to a restrictive wage policy. Our newest study seeks to answer the question whether this strategy could work for the crisis-ridden southern European countries. We look at three different wage-setting scenarios:   Reference […] More ...

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2016: A World still in Crisis Mode


Part two of our economic outlook for 2016 looks at which crises might still lay ahead of us and which uncertainty factors need considering when staying on the road to recovery. More ...

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Growing Income Inequality – a Brake on Economic Growth?


For more than 30 years we have observed a growing inequality in income distribution in almost all developed countries. Whether this trend promotes or hinders economic growth, however, is not entirely clear. This post looks at the economic theory behind this important question. More ...

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Impulse #2015/04: Fiscal Devaluation – a Route to More Growth?


The global economy faces a number of economic challenges: Economic growth in most industrialized nations is slowing, the crisis-hit countries of Southern Europe are suffering the effects of low competiveness and, even in some G7 countries, sovereign debt has reached levels in excess of 100 percent of gross domestic product. This paper looks at the method of fiscal devaluation as a way to boost economic growth without increasing government debt. More ...

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On the Lookout for Alternatives


In our last post we had a look at how digitalization and globalization cause income disparity in the developed world to rise. This time around we want to take a shot at predicting how these dynamics could shape the future. Based on the work of Jeremy Rifkin, Michael Spence, Erik Brynjolfsson and Andrew McAfee it seems likely, that the combined effects of globalization and digitalization will have three main consequences. More ...

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Five Steps to Kickstart Brazilian Growth


Since 2011, Brazil’s burgeoning middle class has faced growing pains. When hundreds of thousands took to the streets to protest in 2013, they demanded improved efficiency, transparency, and above all, a return to growth. Here are five ways to accomplish that. More ...

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China and India - Global Economic Axis of the Future?


  China and India are growing at rates that Western industrialized countries can only dream of. Experts see these two Asian heavyweights as important drivers for the future of the global economy. A free trade agreement now in the planning stage could further increase their influence in the global marketplace. More ...