Japan's government is set to forecast real economic growth of around 1.5% and nominal growth of about 2.5% for the next fiscal year from April. This according to two government officials involved in the projection process told Reuters. The projections have not yet been finalised and can change slightly by the time the government announces the figures on Dec. 20. Seijiro Takeshita, Professor of Management and Information at University of Shizuoka, Japan, joined Share Radio to discuss.
The London School of Economics is to examine the book "Rich People, Poor Countries: The Rise of Emerging Market Tycoons and Their Mega Firms." It's been written by Caroline Freund, former Chief Economist of the Middle East and North Africa at the World Bank. To find out about the effects of the mega rich living in developing countries, Matt Cox spoke to Professor Erik Berglof, Director of the Institute of Global Affairs at the London School of Economics, and Chairman of the book event.
With economic growth set to propel more than 90% of the world's population into the so-called "consumer class" by 2020, a new report from HSBC Commercial Banking suggests companies should start preparing today to meet the wants and needs of tomorrow's customer.
The co-author of that report Paul Flatters, from futures consultancy Trajectory, joined the Morning Money team to talk about the research.
Brazil is due to present its budget, but with GDP forecasts due to shrink by 4% for the second consecutive year, and the unemployment rate rising sharply, the country is struggling to deal with the end of the commodity boom. The biggest party in congress has now also voted to abandon President Dilma Rousseff’s ruling coalition. Robert Van Egghen looked into the country's struggles.
Thousands of podcasts covering politics, economics, philosophy and entertainment, plus unlimited online radio including some great folk music (instrumental) - all free of charge, and practically no ads!