Lack of Raw Material and the World Economy: Shaw Capital Management Article
Shaw Capital Management Korea News Release - We have seen major developing economies
like China and India apply the brakes earlier this year, as inflation grew on the back of...
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Lack of Raw Material and the World Economy: Shaw Capital Management Article
Shaw Capital Management Korea News Release - We have seen major developing economies
like China and India apply the brakes earlier this year, as inflation grew on the back of
commodity shortages.
World growth was running at 4.
5%, only 1% or so below the record
growth rates of the mid-2000s.
This was too fast for raw material supplies to accommodate with
current technology.
Lack of Raw Material and the World Economy: Shaw Capital Management Article - World
productivity growth has been slowed down by this raw material shortage … this in our view was
the cause of the sharp slowdown in 2006 which in its turn caused the collapse of demand for
houses in the US and so the sub-prime crisis.
It will take a decade for new technology and possibly new supplies to allow renewed productivity
growth; with plentiful supplies of raw materials this was the era of computer-led growth in
productivity.
As growth has been slow
Less