Emerging developing countries (including India https://www.zapatillasespanabaratas.com/ , China and Brazil) to maintain world economic growth played a key role in the current economic crisis is particularly prominent, and will go down in history. And this trend will be the future of 2011 and beyond to continue.
Emerging countries as a source of global demand-driven
In fact, the International Monetary Fund predicts emerging and developing economies will achieve in 2010 a 6% growth in 2011 will reach 6.3%. Emerging market economies will not only cushion the impact of the global financial crisis, but also help developed countries to reverse the 2008 to 2009 recession. However, the current recovery in the developed countries is still very fragile and the unemployment rate remain at crisis levels.
But the emerging countries have become the driving source of global demand Comprar Nike Baratas , the government still need to take the lead role and a perfect combination of relevant policies to ensure that they continue in the short term rapid economic recovery in the world to power and become long-term sustainable engine of economic growth. At the same time, we have an urgent need for long-term capital flows to emerging economies to further stimulate investment, particularly in the infrastructure sector, and as a way to inject much-needed global economy, the additional demand.
In another important progress in this regard is the ever-expanding middle-class consumers in emerging markets Comprar Zapatillas Nike , coupled with the rising spending power level and therefore the global demand for the potential impact. Estimates according to a study, now in 12 emerging market countries, the total purchasing power of middle-class consumers has reached about 6.9 trillion U.S. dollars year.
The McKinsey & Company is expected to continue to rise in this class will be in the next decade to achieve 20 trillion year in purchasing power - this is the United States is twice the national purchasing power. Four largest emerging economies - Brazil, Russia, India and China (BRIC) - itself is a large producer Zapatillas Nike Rebajas , but also large consumers of goods and services, and global economic development is largely about speed, direction and sustainability.
Let me specifically to India, for example, in 2008 and 2009 the five years prior to the crisis Zapatillas Nike Baratas China , India's economy at an average annual growth rate of 9%. Annual growth rate decreased during the crisis, but still remained at 6.7%, within the Indian economy showed resilience. In the subsequent 2009 to 2010 annual growth rate has recovered to 7.4% in 2011 and 2012 and are expected to reach 9% in the year.
India's economic strength is built in the high savings rate and strong investment above. Government response to the crisis, decisive action - fiscal stimulus package and easing growth - proved to be effective. One does not completely open to the global market and improve the financial and banking system, coupled with the maintenance of domestic consumption demand also played an important role in the corresponding role. But the real India and other emerging economies (particularly China and Southeast Asia) is to distinguish the main driver of growth does not come from exports Zapatillas Nike Baratas España , but domestic demand.
Emerging countries with the global savings-funded infrastructure
Global demand for high-growth recovery requires large-scale recovery. This will undoubtedly be a gradual process, especially in developed countries. Therefore, the high growth rates in India still must rely on strong domestic demand. To address this challenge, we are to focus on electric power, telecommunications Zapatillas Nike Baratas Mujer , roads, ports and airports and other infrastructure on.
In the public sector continues to play an important role at the same time, taking into account the huge scale of investment demand, but also requires a large number of private investment - including foreign investment - to address a wide range of India's "infrastructure deficit" and the attendant fiscal gap . A public-private partnership strategy will be used to solve the infrastructure challenges. At the same time, we must invest in human capital Zapatillas Nike Baratas Hombre , labor skills and innovation to support capacity development and upgrading.
In the November 2010 summit in Seoul, G20 Group will be the development of its core agenda. Indian Prime Minister Manmohan Singh made the following recommendations, and has been recognized many leaders - "the excess savings back into investment in developing countries can not only meet the demand imbalances in the short period of time, will also be help ease the imbalance in world development. In other words, we can take to deal with another kind of imbalance is an imbalance. "
As we enter the second decade of this century Zapatillas Nike Baratas , the use of global savings or surplus to fund new infrastructure in developing innovative ideas will be sought after. This is not only to maintain the growth of these emerging economies, developed countries will also be created by the additional requirements needed to make a contribution to the global recovery.
Emerging economies in the global role played by the future inevitably become more important, but this change must also be built in partnership with developed countries based on. For India, we face the dilemma of democratic values continue to improve, the ability to multi-cultural integration and a strong economic base just to the current success of India's national image in the world. When thinking of having rustic decorating designs that you like to have then you need to visit the right type of stores for them. One can create it when living in a cottage or when residing in an elegant house. Whatever it may be, things will not definitely matter. You can have the look and style that you want regardless of what it is.