global economy

Chinese Bubble in the Offing?

Chinese Bubble in the Offing?

That’s the speculation in a recent posting by Bob Davis of the Wall Street Journal: One of the most striking facts unearthed by the International Monetary Fund in its recent review of China’s economy was how much of a risk Beijing was taking by not aggressively deflating its credit bubble. IMF economists looked at 43 […]

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US Falling Behind in Broadband

US Falling Behind in Broadband

In case you missed it this weekend, the New York Times ran a story about the state of the Internet in the US: The United States, the country that invented the Internet, is falling dangerously behind in offering high-speed, affordable broadband service to businesses and consumers, according to technology experts and an array of recent […]

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Is the Global Economy a Champagne Economy?

Is the Global Economy a Champagne Economy?

That is, is it full of bubbles?  According to a recent Washington Post article, Nouriel Roubini , the famous Dr. Doom, thinks so: . . . . Roubini’s argument boils down to this: The major economies have been growing only slowly. Yet with low interest rates and aggressive central bank action across the globe, there […]

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McKinsey Researches How to Make Great Cities

McKinsey Researches How to Make Great Cities

As you can see in this video, the business consultancy McKinsey has been investigating what makes great cities great.  The ultimate business consultants aren’t turning into land-use planners, but have come to believe that cities are and will be major drivers of economic competitiveness for the societies in which they are located: What makes a […]

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More Germans Relying on Two Jobs to Get By

More Germans Relying on Two Jobs to Get By

This according to Deutsche Welle: Almost 2.66 million people in Germany pursued more than just one job towards the end of 2012, the Federal Labor Agency (BA) reported. According to the Monday edition of the regional newspaper “Freie Presse”, the figure marked another rise by 59,000 people compared to the level reached a year earlier, […]

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What Makes a “Global City?”

What Makes a “Global City?”

With all of the emphasis placed on the need for regions to compete globally, little attention has been placed on how cities or regions gain access to the global marketplace.  The Brookings Institution recently published a report by Brad McDearman, Greg Clark and Joseph Parilla that identifies ten traits of “globally fluent” cities: In this report […]

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