Economy and Business Info

Posts Tagged ‘Development’

We begin the analysis of the global economic situation and we do using the data of GDP of the strongest economies on the planet who has published the International Monetary Fund.

The data also highlight the supremacy of China against Japan, it is important to highlight that Brazil moves on Spain.

One of the Latin American countries with higher levels of growth from China to India that takes away from Spain ranked 8th in the ranking.

Thus, while China grows at a rate close to 10% and India makes it to 8%, Brazil has accumulated a 6.5% growth and is ranked ahead of Spain.

Some comparative data are not decisive but analyzed in isolation; the truth is that shows a shift in the sources of power, emerging economies appear to donate points to consolidate as more powerful development of this new cycle.

Ace a few days the European Commission announced the contents of the much-heralded European Digital Agenda, the first of seven flagship initiatives under the 2020 European Strategy for smart growth, sustainable and integrated. It has set seven objectives, which will translate into a hundred steps, thirty of which are legislative in nature.

I hope this new European Union strategy, as necessary for future development of the European economy more successful than its predecessor does, the Lisbon Agenda does. Having examined the various documents submitted an ambitious proposal seems critical to the economic fortunes and welfare of Europeans in the coming years.

The implementation of the European Digital Agenda, contribute significantly to economic growth in the EU and distribute the benefits of the digital age among all sectors of society. As also contained a report by the Commission on the digital competitiveness of the European economy, half the productivity growth recorded in the last fifteen years has already been promoted by information technology and communications. See previous entry: The European Commission said the investment in the digital economy remains crucial. However, although it is expected that this trend will accelerate, Europe will need to apply a series of measures to exploit fully the potential benefits of the digital economy.

If we want European Union move towards the consolidation of a federal state must occur European tax union, there must be a common tax framework for Europe.

That means that all European countries have the same taxes, but each within its jurisdiction may, as today in the Spanish regions, reductions deemed necessary to carry out their own fiscal policies, financial and economic.

This would establish a uniform European fiscal space that would allow a more harmonious economy and business-level citizen.

The interim report of the Organization for Economic Cooperation and Development (OECD) describes a very complex situation of the global economy.

On the one hand, predicts a clear (albeit slow) improvement of the global economy this year and 2011, driven by emerging countries and the pull of U.S. and Japan.

On the other establishes the doubt on the economies of the euro, which will be entering later growth rates above 2%.

Within the euro zone, Spain is in the caboose. It will be the only major world economy into recession this year (-0.2%) and in 2011 GDP will grow only 0.9%.

Although many times the OECD forecasts have failed miserably and others have been mere propaganda insidious, I think this time in Spain will be near the truth, although I think it a little bit better, but only a little.

As usual, the OECD is more concerned with the markets of the citizens, so the organization refers to the persistent unrest in financial markets and debt.

He worries about the recent turmoil has manifested itself in excessive volatility (sudden subsidence of trading followed by short climbs).

These problems would be corrected in a large part through increased coordination of budgetary policies in Europe.