Econ, Privatisation with Chinese characteristics
Econ, Privatisation in China
Econ, The new middle classes rise up
2011年9月4日 星期日
2011年9月2日 星期五
The great contraction
FT, Martin Wolf, Struggling with a great contraction | graphes
Many ask whether high-income countries are at risk of a 「double dip」 recession. My answer is: no, because the first one did not end. The question is, rather, how much deeper and longer this recession or 「contraction」 might become. The point is that, by the second quarter of 2011, none of the six largest high-income economies had surpassed output levels reached before the crisis hit, in 2008.
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