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We're Stuck!
In a world where skepticism rules, maybe the lesson we all need to learn from Maverick is that it's time we trusted more.
Staggering Data on Growth in Chinese Markets
The growth in Chinese stock markets -- and the Chinese economy in general -- continues to be fairly staggering:
Why are People Never Taken to Task?
Tonight I was trying to get a sense of what signals were missed earlier this year, so I got to reading comments from various well-known buy-side sorts. Here is a sample from March of 2008:
Seven Years of Bad Luck, or Bad Growth, or Something
From the latest Gary Shilling effort (as sent around by John Mauldin):
Economic growth has slowed since earlier in the year
Brian A. Bethune, IHS’ chief U.S. economist called the Fed's assessment “surprisingly frank description of current economic conditions.” “While this characterization of the economy is not a surprise, given the recent downward inflection of indicators on consumer and business spending…and the employment markets, the very frank description of the situation and the avoidance of the use of the typical Fed euphemisms suggests a great deal of concern about the direction of the economy”.
Republican Gubernatorial Gains and the Clean Energy Economy
Although the 2010 midterm races in the Senate and House of Representatives got a lot of attention, Republican gains in the gubernatorial races also have major implications for the clean energy economy.
Networking - Is This A Place For YOUR Future?
I first stumbled upon the concept called ‘network marketing’ when a friend of mine showed me a presentation in 2003 and I fell in love with the concept. Those explanations on the black board with links and circles to represent network marketing during the presentation opened my thoughts and eye to the future of the business. At that time I was working as a Manager in one of the largest German corporation. By then, I was in to the regular job for over 6 years.
Women and Minorities Fuel Economic Growth and Franchise Expansion
From the leadership positions they hold, to the purchasing power they wield, women and minorities play an important role in the overall U.S. economy. Women and minorities have a presence in every industry and their contributions fuel economic growth. Hispanics alone account for 15% of the U.S. population, and by 2050 that number is expected to nearly double to 29%. The sheer number of minorities in the U.S. and the tremendous influence they have on the economy has led everyone from marketers to political candidates to develop campaigns that reach them. Franchisors also recognize that the pool of franchisee candidates is largely comprised of women and minorities who will be integral to growth and expansion of their franchise networks.

The importance of understanding your buyer relationships - especially in a tough economy
The tough economy is leading to many nasty surprises for sales organisations. In many cases the surprise, or the extent of the surprise, could have been avoided if the sales organisation had better information about the relationship that they have with with their buyers. in this article Keith looks at the different ways of determining the relationship you have with your buyers.
Its Obama's Economy Now!
Well the first 100 days of the Obama Presidency have come and gone. Regardless of your political leanings you have to give the Obama administration some credit. We will avoid the next Great Depression!      

Canadian dollar will Continue to Suffer from the U.S. Slowdown!
Here's why the Canadian dollar will continue to suffer this year. It will probably push the USD/CAD exchange rate above 1.30. Find out how to profit from it.

Leading in Uncertain Times
What happened?! Almost overnight we have moved from a growing economy to uncertainty in direction and solutions. We can evaluate the what, why and how but it leaves us needing to lead and navigate in unchartered waters. There are five key steps that leaders need to take to move through this challenging time.
Consumer confidence increases
Consumer Confidence Increases (12/5/2008)
Innovation or Incremental-ization? Tell it like it is.
Innovation is “the act of introducing something new” according to The American Heritage Dictionary.
Workplace Education to Drive Canada’s Talent & Competitiveness
Arupa Tesolin takes a look at how workplace education is making Canadian companies more competitive
With Recession Expected To Last, Which Franchise Businesses Will Succeed?
Many are saying that our recession is far from over, but what does that mean for franchises? Here is a list of business opportunities that not even a long recession can do damage to.
Franchise Blog
How the UK franchise sector is being affected by the economic slowdown
A Return to Luxury: Consumer Spending on Luxuries Rises, Spurring Growth for Many Businesses
After swearing off excessive spending and shunning frivolous purchases, consumers appear to be ready to indulge again and are treating themselves to the most splurge-worthy items. Recently released retail sales figures point to strong growth in the luxury goods sector. From luxury homes and vehicles, to high-end fashion apparel, upscale dining and modest luxuries like haircuts and gourmet coffee, people are once again partaking in products and services they’d forgone amid the economic downturn. With consumer spending on luxuries rising, the pent up demand that’s being unleashed is spurring economic growth and benefitting businesses; making this an ideal time to tap into the momentum and own a business that offers consumers sought-after luxuries.

Lead measures matter much more than lag measures
I am always slightly amused when economic growth figures and the like are released usually followed by fanfare. I amused because we won’t know March quarter figures until June! as an example. It's too late then! These kind of numbers are measurements of the past, often called lag measures. They tell us where we have been, not where we are going. I for one am much more interested in where I am going than where I’ve been. The past is done, over, finished. We can’t change the past. All we can do is learn from it.
Surviving the Economic Boom: How to Keep Your Employees
Every day in the news we hear about the economic boom that Western Canada is facing. With this growth comes an interesting human resources side effect: strong competition for employees with not enough people to fill the vacancies that have been created. All employers have been affected, from large corporations to small business owners. In this article, we provide you with some strategies to address an often overlooked, yet critical human resources challenge: keeping the valuable employees that you’ve already got.
Exports and parliamentary laziness
There are few moments at which business executives may safely weep and earn nothing but respect and admiration. One of these is at the opening of a new manufacturing plant.
VI. A. Macroeconomic Stability: WHAT DETERMINES STOCK MARKET DEVELOPMENT IN AFRICA?
The previous section has provided enough evidence to make a convincing case that stock market development at least creates the enabling environment for a successful economic growth. The policy question, therefore, is what determines stock market development? The literature suggests that sound macroeconomic environment, well developed banking sector, transparent and accountable institutions, and shareholder protection are necessary preconditions for the efficient functioning of stock markets in Africa.
II. STOCK MARKET AND ECONOMIC GROWTH: THEORETICAL AND ANALYTICAL ISSUES
In principle, the stock market is expected to accelerate economic growth by providing a boost to domestic savings and increasing the quantity and the quality of investment (Singh, 1997).
Moving Forward: International Community
Freer access to industrial country markets and greater and more predictable aid are needed to support sustainable development (included under Goal 8 of the MDGs).
Conclusion: Human Capital and Economic Development
Africa has made large strides in raising literacy and school enrolments and improving health. However, in the case of both education and health these gains are lower than those in other developing countries.
Recommendations for future research - Factors Impeding the Poverty Reduction Capacity of Micro-credit: Some Field Observations from Malawi and Ethiopia
In light of the conclusions drawn above, there is a need for further policy and action oriented research and in-depth investigation. First and foremost, there is a need for extensive empirical evidence to verify and ascertain the capabilities of micro-credit in reducing the depth and scope of poverty.
Sustained growth with equity is needed to halve poverty in Africa
Researchers predict that many African countries will not reach the Millennium Development Goal (MDG) target of halving extreme poverty by 2015. Will accelerated economic growth or better income distribution be most helpful in getting African countries get back on track to achieve the MDG poverty target?

Internet enriches learning in rural Uganda
NEPAD e-schools connecting students to the world
6.5 Financing research to increase TFP: Economic Report on Africa 2007
The other major area in which new economic policies for diversification are required is in research. The majority of African countries, since the demise of diversification gain resorted to relying on factor accumulation as the main source of economic growth.
5.3 Conclusion: Economic Report on Africa 2007
This chapter has shown that there are clear and measurable determinants of diversification in Africa at the continental, subregional and country level. Despite the inadequacy of African data, it may be said that, at least at the continental level, the diversification process is highly influenced by investment, per capita income, level of openness, macroeconomic policy stances, governance, and conflict.
5.2 Economic growth and diversification: Economic Report on Africa 2007
Exploration of the TFP link in Africa
Will Money Solve Africa's Development Problems?
The debate about Africa's development is ON and experts are pointing to all sorts of direction regarding the way forward for the continent. In this context, world renowned John Templeton Foundation published 8 essays in a series of conversations that sought to answer the question: Will Money Solve Africa’s Development Problems? The publication featured leading scientists and scholars in which Four essayists negate; two affirm while the rest express doubt.
Reaching the MDGs: A Concrete Look at the Challenge of More Effective Aid (Not Just More Aid)
Some acronyms never make it into the mainstream, and forever remain part of the secret language of a closed group of people that share the same profession, hobby or interest. But everyone is talking about the MDGs, or Millennium Development Goals.

Finance Matters for Poverty Reduction and Attaining the MDGs: Recent Empirical Evidence
Finance is an important component of development, including for poor people. Indeed, recent empirical evidence has shown that a more developed financial system can help reduce poverty and lower income inequality.
Financial Sector Development as an Essential Determinant for Achieving the MDGs: Increasing Private Credit Shown to Reduce Income Inequality
Whether or not one has access to private credit is a litmus test for wealth or poverty. If you're rich, you have it, and can use it to get richer. If you're poor, you don't have access to it, and you remain poor. Conventional wisdom suggests that building up the financial sector has little effect on this gap.

Least Developed Countries Report, 2007
The UNCTAD has recently released the Least Developed Countries Report, 2007, subtitled "Knowledge, technical learning and innovation for development".

Least Developed Countries Report, 2007
The UNCTAD has recently released the Least Developed Countries Report, 2007, subtitled "Knowledge, technical learning and innovation for development".

6.0 The integrated framework for development of women entrepreneurs: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
In the following sections, an assessment will be made of the Tanzanian support environment in favour of growth-oriented women entrepreneurs according to each of the areas set out in the Stevenson and St-Onge (2003) integrated framework.
2.0 The economic context: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
Tanzania has a population of just over 37 million, a GDP of US$22 billion, and GDP per capita of US$610.6 An estimated 51 per cent of the population lives below the poverty line. Eighty per cent of the country’s poor population live in rural areas, depending on subsistence agriculture and unable to participate in broader markets. Poor roads, exorbitantly expensive utilities and prohibitive policies have compounded this problem, significantly impeding the growth of the economy.7 Agriculture, the mainstay of the economy, is almost 50 per cent of GDP, and small-scale peasant farmers, who make up 70 per cent of the population, carry out over 80 per cent of agricultural activities. About 30 per cent of the population over 15 years of age is illiterate (UDEC, 2002).
2.0 Gender in African economies: Gender Entrepreneurship and Competitiveness in Africa, 2007
The study Can Africa Claim the 21st Century? made the argument that Africa has enormous unexploited potential, especially the potential of women. Specifically, it pointed out that women comprise one of Africa’s hidden growth reserves, providing most of the region’s labor, but their productivity is hampered by widespread inequality in education as well as unequal access to land and productive inputs.
3.2 Financing Development: Economic Report on Africa 2007
Emerging issues and challenges for Africa
2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa (3.5 per cent).
2.3 Social Development I: Economic Report on Africa 2007
While growth has recovered on the continent, the gains in terms of social development and poverty reduction are still limited. This sub-section reviews the evidence on social development through the lenses of the MDGs. Following a discussion of progress and challenges for the various goals, the sub-section provides a more detailed discussion of the challenges posed by HIV/AIDS. More details on progress towards the MDGs in Africa is provided in various ECA documents, including a forthcoming report (UNECA 2007), as well as reports by other United Nations publications (e.g. UNDP and UNICEF 2002).
1.3 World macroeconomic imbalances: Economic Report on Africa 2007
Macroeconomic imbalances still a major concern
Overview IX: Economic Report on Africa 2007
Policies to increase diversification
Overview VII: Economic Report on Africa 2007
Diversification as a key pillar in Africa’s development efforts
Overview IV: Economic Report on Africa 2007
Growth prospects for 2007 and the medium-term outlook
Overview II: Economic Report on Africa 2007
Growth in Africa has increased but it is still not enough
Wanted: jobs for Africa’s youth - ‘Bad policy’
Since the mid-1990s, economic performance has improved significantly in many African countries, with average annual growth in gross domestic product (GDP) rising steadily from less than 3 per cent in 1998 to 5 per cent in 2005. In theory, according to many economists, this should have led to higher employment.

Uganda - Africa's Newest Investment Darling?
It is always good to have a positive role model. Especially one who has endured the occasional long and harsh roads and is still here to tell about it. Generally, this type of role model not only earns the respect of their peers; but also gains a stable of followers. In the African context, if we are talking about recent economic growth amidst large hurdles, it is difficult to disregard Uganda.

Other economic growth Related Articles

Mobility as a Driver for Economic Development: Tanzania Case Study
As economic growth and industrialization accelerate and livelihoods and incomes improve, so the demand for mobility increases. However, in much of the developing world, demand for mobility solutions to drive economic growth continues to outpace supply, while paradoxically the growing number of vehicles and other mobility solutions has not been matched by improved infrastructure. Business is stepping up efforts to understand and address the sustainable mobility issues being faced by developing economies.
What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.
4.0 Diversification trends in Africa: Economic Report on Africa 2007
The diversification of African economies is one way through which the recent economic growth achievements could be sustained. Africa’s economic transformation can be achieved through both horizontal and vertical diversification. In addition, such diversification will help to build competitive economies that can productively be integrated into the global economy. Diversification is therefore a pre-condition if Africa is to register accelerated development. The scaling-up of current real growth to desired levels and in a broad manner can also be sustained if there is deepening in the diversification of African economies.
5.2 Is it factor accumulation or total factor productivity that drives growth in Africa?: Economic Report on Africa 2007
To investigate the link between growth and diversification, it was important to first quantify the contribution of TFP to economic growth. This section analyses the sources of growth for African countries using the standard growth accounting method, making it possible to disaggregate the shares of growth contributed by TFP, capital and labour. Growth in output is the sum of the growth in capital, labour and TFP. Capital accumulation is an essential element in the growth process, as it enlarges the economy’s capacity to produce. Increases in labour or labour force have traditionally been considered a positive factor in stimulating economic growth.
Conclusions - Promoting Growth in Sub-Saharan Africa: Learning What Works
Both domestic and external factors contributed to sub-Saharan Africa's poor overall economic performance in the 1980s and early 1990s. Key constraints to growth included inappropriate economic policies, inadequate human capital development, and low levels of private investment. But for the first time in a generation, there is evidence of economic progress in an increasing number of countries in the region.

HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
One of the characteristics of rich industrial economies is the availability of a workforce with a high level of human capital. Whether human capital has been the key driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long time series trends in educational attainment and economic growth during the last century indicate that HRD and economic prosperity went hand in hand10. Some developing countries followed similar trends in human capital and economic growth. What was distinctive about these developing countries is that they appeared to have realised large economic benefits in attracting MNEs into host economies, and have thus mobilised inward FDI to attain rapid economic growth.
What s Holding Back Africa s Growth?
This plenary session discussed the contributing factors to Africa s poor economic growth, including the conclusions of the World Economic Forum s Africa Competitiveness Report 2004, and the actions that governments and business can take to promote economic growth. The discussion included calls from business participants and the panel for action against corruption on the continent.

Economic Growth, Sustainable Development, and the Millennium Development Goals (MDGs)
Economic growth is essential for sustainable development and improving social outcomes.4 Growth usually—but not always—benefits the poor; in about 90 percent of the cases in which countries have experienced per capita GDP growth of at least 2 percent per year over a five-year period, the poor also experienced rising real incomes.
What Recovery
THE Bureau of Economic Analysis released its estimate of GDP growth, and the pace of expansion was revised down again. Currently we are below the rate of population growth, which is to say that in per capita terms output continues to shrink. So how are things looking forward?
2011 Staffing Industry Economic Analysis: Leading U.S. Job Growth
The American Staffing Association has released its 2011 economic analysis, "American Staffing 2011: Leading U.S. Job Growth," an annual report highlighting recent trends in the staffing industry, as well as the industry's prospects for this year and beyond. Written by ASA vice president Steven P. Berchem, CSP, the report takes an in-depth look at what staffing employment says about the current economic environment and the future of overall employment; how the Great Recession affected the industry and how quickly it is recovering; and prospects for economic, employment, and industry growth.
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