Tuesday, 17 January 2012

Global Growth Slows to 3.9% as O’Neill Sees BRICs Diminished by Population

Aging and shrinking labor pools are also poised to curb expansion across the other so-called BRIC nations that contributed almost half of global growth in the past decade. With fewer youths keeping factories going and more pensioners to support in those markets, the world economy is set to slow, Goldman Sachs Group Inc. (GS) says.

Read more: http://www.bloomberg.com/news/2012-01-02/global-growth-slows-to-3-9-as-o-neill-sees-brics-diminished-by-population.html

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