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GEMOLOGIST: Inequality: the tension between growth and social justice in emerging markets
Published By: Gary Greenberg, Kunjal Gala, Christopher Clube & Jasper Wright | March 12, 2020
The tension over inequality between growth and social justice in emerging markets is rising across most of the world and remains a contentious issue that has helped fuel the resurgence of populism in Europe and North America. It has also risen in emerging markets after China, Russia, and India all liberalized their economies, say Gary Greenberg, head of emerging markets; Kunjal Gala, co-portfolio manager, pooled products and segregated mandates; Christopher Clube, an investment analyst; and Jasper Wright, an analyst, all of Hermes; in the article GEMOLOGIST: Inequality: the tension between growth and social justice in emerging markets at the Benefits and Pensions Monitor website. They examine how the striking extent of inequality in major emerging markets challenges their political stability and growth potential. They also take a look at the conventional wisdom supporting efforts seeking an end to inequality and question whether the pursuit of this ideal should be abandoned in favour of more grounded, pragmatic causes that can improve the lot of many without disrupting society.
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The Enduring Economic Expansion A Cycle Of Resilience
Published By: TD Asset Management Inc. | 20/12/2019
It’s official. The U.S. economic recovery from the devastating Great Recession (20072009) made history in July 2019, as the 121-month expansion officially became the longest on record. In December the cycle extended to the 126-month mark, and continues to roll along. According to the National Bureau of Economic Research, the previous record spanned 120-months (1991-2001) and many will recall the dotcom implosion that punctuated its calamitous end.
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