Slow Economic Growth Complicates Game of Thrones
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  • Anthony

    Slow economic growth appears to be global phenomenon, though U.S. centric model (free trade, rule of law, world exchange currency, etc.) has been beneficial as witnessed by last decade of economic growth by both India and China – despite current of projections of 5.3% and 8.5%.

  • Jacksonian Libertarian

    It looks like Foreign Direct Investment in China has peaked, as for the last 5 months FDI has been less than the same month 1 year ago. FDI in China reached $116 Billion in 2011, so this is very bad news for China, as much of China’s growth has been created by foreign businesses building efficient and productive modern facilities in China. If this ends, so will growth in China. India on the other hand is do everything it can to discourage Foreign Direct Investment, from a proposed capital gains tax, to failure to liberalize their economy. It’s clear Foreigners would love to invest in the largest English speaking Democracy in the world, with labor much cheaper than in China, except for the anti-capitalist and corrupt Indian government.

  • Anthony

    Correction @ prior comment: should read – despite current projecctions of 5.3% and 8.5%.

  • a nissen

    “Whether slow growth like this will continue over the next few years is not a prediction Via Meadia is comfortable making”

    Because you are admitting to inability to see the future, or because it makes you squirm to think of the possibility?
    As a frequent reader, I caught myself reading it as the latter, but wondering.

  • Kris

    “Let’s hope officials in these countries, especially India, start to shift their focus to serious economic reforms.”

    Heck, let’s really dream and hope American officials do so!

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