If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.
I have no interest in celebrities. If all the superrich disappeared, the world economy would not even notice. The superrich are irrelevant to the economy.
Today China is a first world economy, in terms of development. The U.S. may still be in first in GDP but it is a broken economy in reality.
Feudalism is an economic system where a few people own all the land and the others have no option but to be serfs on such a feudal estate. We now condemn feudalism. We condemn not merely the feudal lords but we condemn the whole structure of rules that sustained feudalism. I am asking people to think similarly about the world economy.
If Trump really can build up American infrastructure, that will help reinflate the world economy, and that would be a good thing.
This is not only a matter of relations between Russia and the United States. In my view, any restrictions in the economic sphere that are dictated by considerations of political expediency are extremely harmful for the world economy as a whole. This destroys unity and the rules of the game.
If the world economy is divided into isolated economic blocs of this kind, it will be rather difficult to achieve the same interpretation and application of international rules of economic activity and world trade.
Politically, the world economy really depends on consultants. Because it's also, in a way, an outsourcing of responsibility. They can say, "Yeah, they told us to do that," and the consultant says, "Yeah, but I'm just a consultant," and nobody's responsible anymore.
To demonize state authoritarianism while ignoring identical albeit contract-consecrated subservient arrangements in the large-scale corporations which control the world economy is fetishism at its worst.
Then there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
It is impossible to understand history, international politics, the world economy, religions, philosophy, or ‘patterns of culture’ without taking geography into account.
You can't be a first-world economy in the 21st century if you haven't laid the groundwork to seize the opportunities.
One thing I've learned from my short time trying to be a farmer is that our farmers have to be the bravest, most optimistic people in the world. To go back to the land year after year, after what nature throws at them and the world economy does to their income, takes a special kind of person.
Most people are great at absorbing information. Guerrilla marketing is needed because it gives small businesses a delightfully unfair advantage: certainty in an uncertain world, economy in a high-priced world, simplicity in a complicated world, marketing awareness in a clueless world.
Even small cults are a serious cost on the world economy, to victims, their families, employers, friends, and credit-card companies.
The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.
What I'm really worried about is war. Will the former rich countries really accept a completely changed world economy, and a shift of power away from where it has been the last 50 to 100 to 150 years, back to Asia?
Yes, twenty-seven million in slavery is a lot of people, but it is just .0043 percent of the world's population. Yes, $23 billion a year in slave-made products as services is a lot of money but it is exactly what Americans spent on Valentine's Day in 2005. If humans trafficking generates $32 billion in profits annually, that is still a tiny drop in the ocean of the world economy.
Our global institutional arrangements - the basic ground rules that govern our world economy - are human-made. They don't exist naturally, nor are they God-given. We make these rules, those of the WTO [World Trade Organization] Treaty for instance, which fill tens of thousands of pages. These words have been strung together by human beings and are also interpreted and enforced by human beings.
Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.
We are involved in a historic restructuring of the world economy. Virtually every country that matters has been striving to pursue the same economic model, and has bought into a set of market-based principles that has brought new players on the stage and new markets. We have to take full advantage.
I'm concerned with the world economy, I'm a specialist in forecasting in that area, and I have a lot of influence in that area, naturally. How big it is, or how big it is personally, is not relevant. The fact is, I'm on the case, where other people are not, and more and more people realize, again and again, that I'm on the case!
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just not in as good shape as we thought and so everybody is chasing everybody else.
China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.
It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today. Our prosperity is linked inextricably to the maintenance of a strong world economy, an open international trading system, and stable global financial markets.
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