Its now 3 years since the Great Recession began. US GDP is still below previous peaks, despite $5trn of stimulus spending and quantitative easing. The position in the Eurozone is even worse. China's economy will be lucky to escape with...
As promised, the blog looks today at the USA's trade position in polyethylene (based on data for the January-August period from Global Trade Information Services, the leading global supplier). The chart shows US net trade (exports less imports). This peaked...
Last week's New Normal seminar in Houston continued the success of the Singapore and Frankfurt events. It sparked lively debate about the major opportunities for future growth in the New Normal. These include: • The over-55 age group in the...
The 10000 readers who downloaded the blog's first Budget White Paper in December 2009, 'Budgeting for a New Normal', will remember the issues highlighted in the triangle above. At the time, they were being widely ignored, as policymakers assumed that...
100 million children in developing countries can't to see the blackboard in school, because of poor eyesight. They need self-adjusting glasses, because of the shortage of optometrists. So the blog was delighted to learn about Dow Corning's work with...
The US economy is worth $15trn, 24% of the global economy. Domestic consumption, accounts for 70% of the US total. This means the US consumer represents 17% of the global economy. China's economy, although the 2nd largest in the world,...
The blog's special series this week has focused on housing in 3 key markets - the USA, UK and China. Housing is a core sector for chemical and polymer demand, and it has been particularly important over the past 30...
GE's then CEO, Jack Welch, launched the Shareholder Value concept in 1981. It has since led many investors to adopt a purely short-term focus on financial metrics, rather than longer-term opportunities. The only problem is that, as Welch admitted 2...
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