As a result, the short-term net impact of digitization is unclear. We have found that digitization has not yet reached scale, with a majority of the economy still not digitized. The McKinsey Global Institute has calculated that Europe overall operates at only 12 percent of digital potential, ...
Fiscal policy tools are used by governments to influence the economy. These primarily include changes to levels of taxation and government spending. To stimulate growth, taxes are lowered and spending is increased. This often involves borrowing by issuing government debt. To cool down an overheating ...
British politician Iain Macleod first used the term "stagflation" in a 1965 speech to the House of Commons to describe the U.K. economy.1The term gained far wider prominenceduring the 1970soil crisis when OPEC's embargo triggered a dramatic increase in energy prices in the U.S. and Europe...
Here’s why. The cost of replacing an employee is anywhere between 50% and 200% of their salary. Now let’s imagine a company of 100 employees, with a turnover rate of 10%, where everyone earns the national average salary of around $56,000 per year. And we’ll assume the replacement...
2015). This is not only the driving force and quintessence of the bioeconomy and the circular economy; it also outlines the lifestyle and product portfolio of the saprophyte A. niger. Because it first digests and then ingests nutrients from the environment, A. niger secretes high amounts of...
Just as with domestic stocks, the global economy and geopolitical issues have an effect on emerging-market issues. It should come as no surprise that the trade spat between the U.S. and China can send stocks higher or lower, depending on the outlook on any given day. ...
protein analyst atRabobank- explains: “The feed companies have to do something, the feed market is slowing down and contracting in the commodity end, while in the more innovative end there is so much opportunity.” In terms of the new opportunities he notes that different companies should ado...
Trade war with the U.S. is denting China's economy, with forecasters predicting the country's growth will slow further if another round of tariffs are allowed to take effect. Still, while President Donald Trump says the U.S. is in a strong position to clinch a favorable trade de...
As such, Keynes's broader point is that simply waiting for the market to "fix itself" or by reducing interest rates or other minor adjustments isn’t enough. The underlying issue—the excess stock—must be addressed directly for the economy to recover. Thus, there's a straight line from ...