Some economists, like Larry Summers, call it “secular stagnation”. Others refer to it as “Japanization”. But all agree that, after too many years of inadequate growth in advanced economies, substantial longer-term risks have emerged - not only for the well-being of these countries’ citizens, but also for the health and stability of the global economy.
Each week QFINANCE.com brings you five things to look out for in the week ahead (10-03-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.
What to do about pensions? There is something obviously morally reprehensible about a company benefiting from the working life of an employee then punting them out as aged persons without a care in the world about how the ex-employee puts food on their table thereafter.
At the recent economic forum to thrash out a new partnership model between Africa and France, Donald Kaberuka, President of the African Development Bank (ADB), said that if Africa could find ways of financing and developing improved infrastructure, the continent could push growth beyond the current year on year average of 5% to 7% and beyond.
Each week QFINANCE.com brings you some of the biggest news stories from the past five days (February 28 - March 6, 2014) in finance and business – essential reading to keep you up to date with the latest topics.
The promise that each generation will be better off than the last is a fundamental tenet of modern society. By and large, most advanced economies have fulfilled this promise, with living standards rising over recent generations, despite setbacks from wars and financial crises.
Just recently I’ve read some good things about peer-to-peer (P2P) lending: how it’s growing fast; how it offers a superior product and better interest rates to both savers and lenders; how its use of the internet gives it a march on the technology stakes compared to banks; and how it simply is wonderful simply by dint of not being offered by banks.
Each week QFINANCE.com brings you five things to look out for in the week ahead (03-03-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.
Part One considered the practice of labeling the three generations since the 2nd World War as, in order of sequence, the Baby Boomers, Generation X, and the next generation along, Generation Y or the Millennials, as they are also called. In Part Two, the significance of this "generational thing" on the world of work is up for scrutiny.
Labels are useful organizing devices, good for doing an initial fast differentiation of a mass of "stuff". Which brings us to the generation-name-game, that beloved and much used device of social commentators. It too, has its uses and its decided limitations.