The McKinsey Global Institute has taken a big-picture look at the way the world is changing, with aging populations in the developed world and economic growth shifting towards the fast-growing emerging market economies.
China experts are predicting the country’s growth will slow in the medium- to long-term as the government undertakes the difficult task of rebalancing the economy away from its dependence on investment and exports.
Chairman of the Federal Reserve, Ben Bernanke’s speech at the International Monetary Conference this week reveals the delicate balance between the (stagnant) state of the US economy and the enormous growth of the emerging market economies.
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