China's current account surplus has declined to around a quarter of its pre-crisis peak. While this is a major reduction in China's external imbalance, it has not been accompanied by a decisive shift toward consumption based growth. Instead, the compression in the external surplus has been...

In heterodox literature, the industrial sector is considered strategic for economic development. Consequently, reducing the contribution of this sector in the production of the country before it has reached the stage of economic maturity, affects the productive dynamics and slow technical...

Der Autor arbeitete von 2008 bis 2010 für das Handelsblatt in Dubai. Der Begriff "Diversifizierung" bestimmt sein Buch. Die Anstrengungen der Emirate und Saudi-Arabiens, sich auf die Zeit nach dem "schwarzen Gold" vorzubereiten und die Mittel, die sie dazu bereitstellen, sind gewaltig. Der...