Bubble Trouble May Lie Ahead For China Bulls – Investors.com

Posted by Matt in March 11th, 2010 | no comment

Published in China, Economy, Ahead, Bubble Trouble, Bulls, China, Dependence, Forthcoming Article, International Economy, Investors, President Of The World, Robert Zoellick, Time Robert, World Bank, World Exports

“China’s dependence on export-led growth … is unsustainable over time,” Robert Zoellick, president of the World Bank, argues in a forthcoming article in the journal the International Economy. He cites a recent IMF analysis saying that for China to maintain its trend of 8% growth annually with the current pattern of trade, it would have [...]

World Economic Forum: Seeing Light Through the Gloom in Davos – World Economic Forum: Davos 2010 – TIME

Posted by Matt in January 22nd, 2010 | no comment

Published in Economy, Forecasts, 2000s, Boom, Charles Roxburgh, Debt Overhang, Downturn, Drag On, Economic Terms, Excess Capacity, Expand 2, Forum Davos, Gdp, Gdp Growth, Global Economy, Gloom, Mckinsey Global Institute, Seven Years, Snapshot, Unemployment Crisis, World Bank, World Economic Forum

In strictly economic terms, it’s not hard to display a snapshot of where things stand now. After declining an estimated 2.2% in 2009, the global economy is projected to expand 2.7% in 2010, according to the World Bank. But recovery is fragile. Excess capacity continues to dampen expectations of growth, and the unemployment crisis in [...]

World Bank welcomes new world economic order from the ashes of crisis | Business | The Observer

Posted by Matt in October 3rd, 2009 | no comment

Published in Economy, Financial, Africa, Catalyst, China, Dollar, Economic Crisis, Financial Crisis, Global Economy, Global Financial Crisis, India, Latin-America, Man Running, Profound Change, Reserve Currency, Running World, Sole, South East Asia, World Bank

The wrenching financial crisis of the past two years will provide the catalyst for a profound change in the global economy – which, according to the man running the World Bank, will see China and India become established centres of power, the dollar eclipsed as the sole reserve currency, and Latin America, south-east Asia and [...]

AFP: China faces ‘big’ uncertainties: World Bank chief

Posted by Matt in September 29th, 2009 | no comment

Published in China, Afp, China Bank, Economy, Faces, Financial Crisis, Giant, Global Financial Crisis, Polices, President Robert, Recession, Robert Zoellick, Treasure Chest, Uncertainties, World Bank, World Bank Chief, World Bank President

China faces major uncertainties even though it rebounded strongly from the latest financial crisis aided by its huge treasure chest, World Bank President Robert Zoellick said on Monday.
“China’s future is not yet determined,” he said even though the Asian giant effectively pump primed its huge economy and used various monetary polices to weather the crisis [...]

Global Deflation Pandemic Brews – WSJ.com

Posted by Matt in July 23rd, 2009 | no comment

Published in Economy, 1990s, Bank Of Japan, Banking Sector, Blogged, Blowup, Collapse, Downward Spiral, Excess Capacity, Flock Browser, International Monetary Fund, Justin Lin, Lead, Pandemic, Price Declines, Real Estate Market, World Bank, World Bank Chief Economist, Wsj

Last week, World Bank Chief Economist Justin Lin warned in a speech that a surge in excess capacity world-wide could lead to a global “deflationary downward spiral.”
The Bank of Japan and the International Monetary Fund are forecasting two years of price declines in Japan, which suffered a serious bout of deflation in the 1990s because [...]

Fast-track Recovery from Crisis Likely for Latin America

Posted by Matt in June 8th, 2009 | no comment

Published in Americas, Economy, Chief Economist, Chile, Economic Troubles, Fast Track, Global Financial Crisis, Latin-America, Preparedness, Sound Economic Fundamentals, World Bank

Latin America is likely to bounce back from its economic troubles faster than other regions because of its sound economic fundamentals and better preparedness to fight a global financial crisis, said the World Bank’s regional Chief Economist, Augusto de la Torre.
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World Bank warns of social unrest

Posted by Matt in May 29th, 2009 | no comment

Published in Economy, Abc, Al Jazeera, Amnesty International, Amnesty Report, Annual Report, Financial Crisis, G20, Global Economic Crisis, Global Financial Crisis, Human Rights Abuse, Lead, Measures, Political Implications, Powder Keg, Radio Netherlands, Ria Novosti, Risk, Robert Zoellick, Social Crisis, Social Unrest, Social Upheaval, Uprising, Verge, World Bank

The head of the World Bank has warned that the global economic crisis could lead to serious social upheaval.
“If we do no take measures, there is a risk of a serious human and social crisis with very serious political implications,” Robert Zoellick said.
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Financial crisis ‘aggravating human rights abuse’
ABC Online - ?May 28, 2009?

Amnesty International has [...]

Swine flu outbreak dampens economy hopes, markets

Posted by Matt in April 27th, 2009 | no comment

Published in Disease, Economy, Financial Crisis, Flu, Flu Outbreak, Flu Pandemic, Global Economy, Global Financial Crisis, Global Markets, Gross Domestic Product, Prospects, Recession, Swine Flu, Trillion, World Bank, World Economy

An outbreak of swine flu dampened tentative hopes for the global economy, sending markets lower on Monday and analysts fear a possible pandemic could force countries further into recession.
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The World Bank estimated in 2008 that a flu pandemic could cost $3 trillion and result in a nearly 5 percent drop in world gross domestic product, [...]

China heads for a hard landing

Posted by Matt in December 9th, 2008 | no comment

Published in China, Economy, 1970s, beijing, China Economy, China S Economy, Consumption, Decade, Employment Outlook, Financial Crisis, Free Market Reforms, Gdp, Gdp Growth, Global Financial Crisis, infrastructure, Interest Rates, Minister Of Human Resources, Security Employment, Social Security, Standard Chartered, Stimulus Package, World Bank

“The Golden Years have shuddered to a dramatic halt,” said Stephen Green of Standard Chartered. China’s economy, which has expanded 69-fold since free-market reforms began in the late 1970s, is cooling rapidly, with the World Bank pencilling in GDP growth of 7.5% next year – the lowest in almost 20 years – and some analysts [...]

Building with BRICs

Posted by Matt in May 14th, 2008 | no comment

Published in Brazil, China, India, Russia, Bloomberg, Brazil, Bric Countries, China, Clout, Ekaterinburg, Financial Trends, Food Security, Foreign Ministers, Fortune Seekers, Global Economy, Goldman Sachs, India, Institutions, International Monetary Fund, Investment Bank, John Browne, Nations Summit, Patrick Donahue, Research Paper, Russia, Russian City, Russian Economy, Safe Haven, Slowdown, World Bank

Are the BRIC countries an emerging threat?
From the article:
The concept of the BRIC countries — Brazil, Russia, India and China — was coined five years ago in a research paper from the Goldman Sachs investment bank.
This week, reality takes over from theory as the foreign ministers of the BRIC countries hold their first formal meeting [...]