1. Accurate Methods for Measuring Competitiveness
... the tail risks that concerned us in the last edition have not come to pass, in particular in the United States, which did not fall off the "fiscal cliff"; in Europe, where the breakup of the euro zone was avoided and where sovereign bond differentials have drastically narrowed; and in China, where fears of a hard landing ... is therefore a key ingredient of a sound financial market. Business investment is also critical to productivity. Therefore economies require sophisticated financial markets that can make capital available for private-sector investment from such sources as loans from a...
- Word Count: 4162
- Approx Pages: 17
- Has Bibliography
- Grade Level: Graduate