By. Dr. Harald Malmgren China’s exports of high labor content, low value added manufactures are no longer internationally competitive. A shift in export orientation to lower labor content, higher value added manufactured exports will take time measured in years. A shift in export priority to infrastructure projects in the Third…
By Dr. Harald Malmgren Following Standard 7 Poor’s downgrades of a swathe of Euro member governments including France, Moody’s has also joined in the process of downgrading several of the members, with a warning to France. [caption id="attachment_33613" align="alignleft" width="300" caption="There is a core problem of the impact of policy…
01/03/2012 - by Dr. Harald Malmgren News headlines about the European Union summit on 8-9 December declared that “Eurozone leaders agree treaty changes.” UK Prime Minister Cameron vetoed change of the EU Treaties. So what was really agreed? Leaders of the 17 Euro members and several other EU members agreed…
