Subjects

Economics

Explore Economics
Search

In the second part of his conversation with Professor Richard Hausmann, John Authers from the FT asks which countries are well set for growth in the years ahead. Hausmann argues that there are three factors that explain growth - firstly how well natural resources are used, second how many productive capabilities a country currently has. And thirdly, how easy can a nation can acquire new productive capabilities. He claims that Mexico is better placed than Brazil on account of improved diversification into more sophisticated products. Hausmann forecasts that China will grow at a rate of around 5% between now and 2020, well below the growth target set by the Chinese government.



Featured
CPD courses

Teaching the New AQA A Level Economics

Resources, approaches and support for teachers delivering the new AQA specification in A Level Economics (including the Year 1 AS teaching content)

Learn more ›

Teaching & learning products

OCR GCSE Economics Unit 593 Toolkit 2016

Revision support for the pre-released stimulus material for OCR GCSE Economics Unit 593 in 2016

£50.00

OCR A2 Economics F585 2016 Toolkit

Our comprehensive support resource for teachers and students preparing for the OCR F585 exam in June 2016.

£60.00

Close

Economics