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Global Economic Dynamics

Newsletter of August 2018

We help make complex economic dynamics transparent and understandable. The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.

 

Study

North Americans Remain United on Trade but Divided on NAFTA

President Trump has referred to NAFTA as the worst deal ever – but what do the people in the USA but also in Canada and Mexico think? A new study commissioned by the GED team finds that Canadians and Mexicans are generally in favour of NAFTA but that US Americans are divided. Find out more interesting insights from our study. read more

 

Blog Post

The Global Economic Balance of Power is Shifting

In recent years, GDP has grown at much higher rates in emerging markets such as China and India than in Western industrialised countries. In the advanced economies, fears of being replaced are increasing. This may be true in the long term, but in the near future, industrialised nations of the West will remain those with the greatest economic power. read more

 

Blog Post

How Germany's Weak Innovation Eco-System is Driving Inequality

Economic growth in Germany is not as inclusive as it used to be. Recently, the country has even been labelled a ‘divided nation’ (Der Spiegel, 12.03.2016: Die geteilte Nation) and concerns have arisen that ‘rich Germany has a poverty problem’ (Somaskanda, 2015). Figure 1 shows the extent of the rise in income inequality and poverty since 1991, using various measures which also reflect the rise in the number of ‘working poor’. read more

 

Blog Post

Curse or Blessing? The U.S. Dollar as the Global Currency

Over the last five years (2013 to 2017), the U.S. trade deficit has averaged $500 billion per year. That means on its own: in each of these five years, U.S. external debt increased by $500 billion. By the end of March 2018, the gross external debt of the U.S. had reached a value of more than $19 trillion – the world’s highest debt of an economy.

Learn in this post whether the U.S. Dollar is a curse or a blessing and why. read more

 

About Global Economic Dynamics (GED):

We help make complex economic dynamics transparent and understandable.

The project examines the causes and effects of economic trends, as well as the connections linking one trend to another.

 

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Andreas Esche

Director, Program Megatrends

 

Bertelsmann Stiftung

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33311 Gütersloh

Germany

Tel: +49 5241 81-81333

Fax: +49 5241 81-681333

E-mail: ged@bertelsmann-stiftung.de

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The Bertelsmann Stiftung, based in Gütersloh, Germany, is an nonprofit, private

operating foundation in accordance with Section 1 of North Rhine-Westphalia's Foundation Law.

The district government of Detmold serves as its supervisory authority.

Founder: Reinhard Mohn

Chairman of the Board of Trustees: Prof. Dr. Werner J. Bauer

Executive Board: Aart De Geus (Chair), Liz Mohn (Vice Chair), Dr. Jörg Dräger, Dr. Brigitte Mohn