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Economic Growth Is Not A Panacea
For decades the poor of the world have been told that the growth of national economies will bring increased prosperity to all, but the experience of over sixty years of international development effort has shown that this is at best only partially true. Gains have not been equally shared, with the already rich benefiting much more proportionately than the poor, and in times of economic recession such as has been experienced since 2007, the rich have been able to continue to increase their wealth while the mass of the people have suffered increased poverty.
What Would I Do If I Ruled The World?What would YOU do if you ruled the world? I am writing this post because I feel that this world needs a change. It needs new ideas and new rules that would make a positive impact. Sometimes I look at the people around me, my town, my country and think that if I could just change one thing, everything would be different. In a good way.
China Does What Europe Couldn’tDevaluation could have helped some eurozone economies. It will probably help China.
Age Of DecadenceAs it has come to pass the age of decadence is now upon us. Yet, to the multitudes they remain oblivious to the monumental hardships that lie in wait. Unbelievable hardships hidden under the clock of deception where willful perpetrators of injustice wield their influence.
How Is China Supporting Its Trade Surplus?China’s record trade surplus in 2014 was encouraging. However, the question remains whether China can sustain it over time.