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World Economy (Challenges (High Debt of Emerging countries like China &…
World Economy
Challenges
High Debt of Emerging countries like China & India
Curbs on Govt Spending due to debts
Protectionist measures by countries
Secular Stagnation
Saving more than investment
Reasons
Better Life Expectancy
Low Price of Capital Goods
Population Control
Low Inflation
Lesser retirement Benefits
Phases
2000-08
70% Purchasing Power Parity*
by Emerging Economies
2008-Current
80% Purchasing Power Parity
by Emerging Economies
Hyper Inflation
Latin America ?
Israel ?