The Blog of Changes - Duncan Freeman

Archives for Development Policy

China’s outward investment flows have expanded enormously over the past decade. This has led to predictions, often from China, that its outward investment will soon exceed its inward investment. These predictions have been taken up outside China, and have been recycled in the Western media, including the Financial Times and the Economist among many others.… » read more

Posted by Duncan Freeman

Achieving a harmonious society was one of the central policy goals of the Chinese Communist Party (CCP) leadership under Hu Jintao and Wen Jiabao. This harmonious society was somewhat ill defined, but one element was the reduction, if not the removal, of the inequalities that have arisen in China since it embarked on economic reform.… » read more

Posted by Duncan Freeman

Last week S&P Dow Jones Indices, which provides data to financial institutions, announced that it no longer considers Greece a developed market, reclassifying it as an emerging market. The downgrading is not the first of this kind, both MSCI and Russell Indexes did the same thing earlier this year. After years of financial and economic… » read more

Posted by Duncan Freeman