In fact, it is this dematerialisation of economic activity in the advanced countries and rising per capita incomes in the developing world which could, given the right mix of policies, lead us into a period of sustainable global development. More . . . Man's love-hate relationship with the city will continue in the 21st century. Those costs will probably rise, but so will the advantages. More . . .
Growth is still generally good and fears of a recession are exaggerated.
A mild short-term dip in the U.S. is likely, but other economies, particularly in Europe, will perform well. A recession, if it comes, will be severe and global. Current results Previous results All rights reserved.