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Understanding the economy

Report ... February 2013 ... Ethical Markets / Green Transition Inflexion Point

Burgess COMMENTARY
This report is a good report ... but it has a focus on the global situation that is 'interesting' but rather weak in terms of getting specific people and organizations to act.

When I first learned of the Calvert-Henderson Indicators, I was optimistic that they would serve to help real world decisions makers, but over time they have been used as the underpinning for the macroeconomic overview where politicians argue about policy, and nothing meaningful gets done.

I am reminded of World Bank macro-economic analysis that would be enthusiastic about GDP growth of 2% in poor third world countries when in my view there should have been an increase of $200 per capita per year ... or about 100%. My view was based on practical possibilities of reducing poverty at the community level, without involving government and all its ways to convert good money for beneficiaries into family wealth for politicians.
Peter Burgess

Open the pdf about Green Transition Inflexion Point ... 2013