Tidal Fish Forum banner
1 - 4 of 4 Posts

·
Registered
Joined
·
5,559 Posts
Discussion Starter · #1 ·
Global Business Confidence Up For 2007 - India Tops at 97%; EU Ahead of US: Grant Thornton
Medium to large privately held businesses around the world are considerably more optimistic about the prospects for their economies in 2007 - with an optimism/pessimism balance percentage of +45%, up from +39% last year, according to International Business Report (IBR) from Grant Thornton International published today.
EU business optimism overtook US for first time in the survey's five year history, with the EU balance at +46%, compared to a US balance of +14%. The global average was +45%.

India remained at the top of the optimism/pessimism league table as it strengthened to an record +97% up from +93% in 2006, as the Asian business owners continue to be the most confident in the world. India, the Philippines, Mainland China and Singapore take the top 4 positions in the survey for 2007.
Metric 2.0 International Business News
 

·
Registered
Joined
·
11,849 Posts
Some things that I have been considering lately.

A corporation's sole loyalty is to the bottom line. Nationality, ethnicity, and geography mean nothing to the share holders or their hired managers. Short term gain will always win out over long term security. We have a better chance of winning a secure and friendly Middle-east than we do of competing with these Asian powerhouses in the decades to come.

Corporations like water will go the path of least resistance. The extremes will eventually meet in the middle, bringing down the old powerhouses of Europe and North America and lifting up the rising giants of India and China.
 

·
Registered
Joined
·
5,559 Posts
Discussion Starter · #3 ·
Surprise

New study compares GDP and growth:
EU versus USA

If the European Union were a state in the USA it would belong to the poorest group of states. France, Italy, Great Britain and Germany have lower GDP per capita than all but four of the states in the United States. In fact, GDP per capita is lower in the vast majority of the EU-countries (EU 15) than in most of the individual American states. This puts Europeans at a level of prosperity on par with states such as Arkansas, Mississippi and West Virginia. Only the miniscule country of Luxembourg has higher per capita GDP than the average state in the USA. The results of the new study represent a grave critique of European economic policy.

Stark differences become apparent when comparing official economic statistics. Europe lags behind the USA when comparing GDP per capita and GDP growth rates. The current economic debate among EU leaders lacks an understanding of the gravity of the situation in many European countries. Structural reforms of the European economy as well as far reaching welfare reforms are well overdue. The Lisbon process lacks true impetus, nor is it sufficient to improve the economic prospects of the EU.

EU versus USA is written by Dr Fredrik Bergström, President of the Swedish Research Institute of Trade, and Mr Robert Gidehag, until recently Chief Economist of the same institute and now President of the Swedish Taxpayer's Association.
 

·
Registered
Joined
·
12,819 Posts
Also we tend to measure success one quarter at a time over here.An example just let Wally not meet it`s expected #`s and then watch the stock market.Or maybe the Fed hint of a posible rate hike.We are the biggest knee jerkers in the world.
 
1 - 4 of 4 Posts
Top