Tag Archives: Developing Countries

Resource Productivity — Good for China, Good for the World

This title contrasts with the preoccupation with labour productivity during the last 200 years of technological progress. Labour productivity has been the melody of the first Industrial Revolution. It increased twentyfold or more during those 200 years. This has been the basis of prosperity and it is the main theme of China’s stunning economic progress. more…

Globalisation, Democracy and the Role of NGOs

In my role as Chairman of the parliamentary Select Committee on Economic Globalisation I learned with a degree of surprise that the term globalisation was brand new. It began to play a role in public life not earlier than in 1993. The strongest reason for the sudden appearance of the term globalisation has been the end around 1990 of the Cold War. more…