A combination of tax increases and spending cuts in 2013 shaved about 1.5 percentage points off annual economic growth, according to the Congressional Budget Office. Many forecasters expect the fiscal drag in 2014 to be one-third that amount, or less. 'You'll have more political certainty this year,' said Gregory Daco, a U.S. economist at Oxford Economics.
There are, of course, complicated contours to 2016’s unusual politics. In Britain, immigrants from South Asia voted heavily to leave the European Union, citing hopes that curtailing European migration might open space for more people from Asia. In the United States, frustration with and alienation from status quo politics have helped drive Mr. Trump’s rise.
With China now not only “fully integrated”, but perhaps starting to retreat from this position as it brings more of its supply chain onshore, unless Africa can succeed in following China’s path, he adds: “I think we are going back now to a situation where we don’t think there is any particular reason for trade to grow faster than GDP.”
There is even is a standard demagogic playbook.
Martial art “China Youth”(Zhao Wenzhuo and friends)
During Monday night’s debate Mr Rutte reiterated that he would not form a coalition government with Mr Wilders’ party, even ruling out forming a government that relied on support from the anti-immigration party. “I’m not going to work with such a party again,” said Mr Rutte, whose first minority government was propped up by PVV after the 2010 elections.
James Bond Themes 1. "Goldfinger" by Shirley Bassey