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Strengthening Brand America
News on Economic Development and Place Branding
Curated by Ed Burghard
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Rescooped by Ed Burghard from Economic Development Innovation
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The economics of oil dependence: a glass ceiling to recovery

The economics of oil dependence: a glass ceiling to recovery | Strengthening Brand America | Scoop.it

Expensive oil will hamper the chances of exiting the economic crisis according to a new report by the New Economics Foundation.


Via Willy De Backer, Scott A Gibbs
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Rescooped by Ed Burghard from Economic Development Innovation
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Don’t Sell Economic Stability to Buy Economic Growth

Don’t Sell Economic Stability to Buy Economic Growth | Strengthening Brand America | Scoop.it

“Our problem is not lack of growth but too much of it,” Sedláček said. An economy that uses debt to grow must continue to do so by taking on more and more debt or, alternatively, face a slowdown that will lead to bankruptcy. It is like owning a car that explodes when it stops, argued Sedláček."

 

Brilliant presentation at the Fifth Annual European Investment Conference in Prague by Czech economist Tomáš Sedláček, who was an advisor to Vaclav Havel in the past.


Via Willy De Backer, Scott A Gibbs
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