The world is Enjoying a new ‘Super-Cycle’
The world economy has enjoyed a super-cycle twice before and it is now experiencing the third driven by the industrialisation & urbanisation of emerging markets, and global trade. But at the same time, one cannot underestimate the challenges faced by the world economy because of the recent recession. In fact, the policy dilemmas are acute: monetary tightening, intervention, even capital controls are all on the agenda.
It’s an expanding world
In 2000 the world economy was $32 trillion in size. Even, following the global recession and financial crisis, the world economy is almost twice the size it was a decade ago. There was a significant contraction as a result of the crisis and global recession, but now the world is back to its pre-recession peak. In fact, based on conservative growth assumptions, this could rise to $64.7 trillion next year.
The world economy has enjoyed a super-cycle twice before and it is now experiencing the third driven by the industrialisation & urbanisation of emerging markets, and global trade. But at the same time, one cannot underestimate the challenges faced by the world economy because of the recent recession. In fact, the policy dilemmas are acute: monetary tightening, intervention, even capital controls are all on the agenda.
It’s an expanding world
In 2000 the world economy was $32 trillion in size. Even, following the global recession and financial crisis, the world economy is almost twice the size it was a decade ago. There was a significant contraction as a result of the crisis and global recession, but now the world is back to its pre-recession peak. In fact, based on conservative growth assumptions, this could rise to $64.7 trillion next year.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles
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Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)
