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Tag Archives: economy

IMF Raises Growth Forecast for China and India. Global Recovery Faster Than Expected

Posted in Business Transactions, International Investments

In its latest World Economic Outlook, the IMF  indicated that the global economy will grow faster than expected– at 4.2% this year. China’s growth is forecast at 10% 2010, with India also at a rapid 8.8 %. Sub-Saharan Africa has weathered the crisis well and its recovery is expected to be stronger than in previous… Continue Reading

Is Immigration the Answer to Stimulate the Economy?

Posted in Random Thoughts and Observations

 Thomas L.Friedman makes a compelling argument in the New York Times op-ed piece, Start-Ups, Not Bailouts, for stimulating the economy through immigration:  Here’s my fun fact for the day, provided courtesy of Robert Litan, who directs research at the Kauffman Foundation, which specializes in promoting innovation in America: “Between 1980 and 2005, virtually all net… Continue Reading