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economic situation in Europe. Unemployment levels are on record-highs, household incomes have declined, and risks of poverty … particularly high risk, as long-term unemployment rates of this group have increased in many countries, and skill mismatch has … become more severe. However, youth unemployment is not only a European, but a global issue, with varying levels of severity …
Persistent link: https://www.econbiz.de/10009691704
After three decades of double digit growth the Chinese economy has become the second largest economy in the world and the most important contributor to global growth. However, in recent years the Chinese economy has slowed substantially. While official numbers for GDP growth report output growth...
Persistent link: https://www.econbiz.de/10011348427
Persistent link: https://www.econbiz.de/10009516717
Against the background of the continuously weaker economic growth in China in the past few years, the Chinese government is convinced that the Chinese economy needs to adapt itself to getting used to "the New Normal". Under "the New Normal" the Chinese economy will grow at lower rates of about...
Persistent link: https://www.econbiz.de/10011620338