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May 7, 2008 | Challenges and Promises of China's Urbanization

China’s growth is especially generated in the cities. Their contribution to the GDP is around 75 percent. In 2025, there should be a billion Chinese living in urban areas, 350 million more than today. They could then be responsible for 95 percent of the Chinese GDP. For Chinese as well as international companies, this advancing urbanization of China holds huge promises. At the same time,

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April 14, 2008 | Liberalizing Services for Future Growth

Since they help increase productivity and develop economic potential, efficient services are fundamental to modern economies. ++ Because the service sector is expanding rapidly and contributing to sustainable growth, liberalization could boost the world economy by $1 trillion. ++ Australia and the US will thus not support the WTO’s Doha package unless it includes commitments to loosen constraints

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