Happiness vs. Wealth

Sometimes, for a wider audience, a pure academic debate needs to be flavoured with some common sense, to move from ideas to implementation. Whether a nation or society is supported by one large economic driver or many smaller revenue sources, is not the core issue. The mission must be to create and preserve A Happy Society which will require consensus between decent people. The widening wealth gap presences the greatest risk to human peaceful development and existence and while the debate continues, the status co persists and nothing new and innovative is getting done to slow or stop or reverse this devastating gap.

Defining Success

Success is to make life better, judged by the wider society. Many nations elect politicians based on their track record on economic issues; Job Creation, business opportunities, Productivity measured by Gross Domestic Product (GDP) and Diversification across Standard Industrial Classification (SIC). Therefore, the focus is on and across new Economic Drivers SYNERGIES to meet the nations’ highly needed Revenue Earnings projections. The historical risks, in such thinking, has always been, leaving people behind in a state of poverty, unemployment, increasing crime and eventually leading to insurrection. A new measure is slowly taking hold as nations seek to close the Wealth Gap. Success must and will soon be measured by A Happiness Index.

Foreign Direct Investment 2020

(An extract from Foreign Direct Investment 2020)

The World Bank forecasts global growth, as continued to soften in 2019. Subdued investment in emerging market and developing economies (EMDEs) is dampening potential growth prospects. Risks to the outlook remain firmly on the downside, including the possibility of escalating trade tensions. Another concern is rising debt, which may make it difficult for EMDEs to respond to adverse developments and to finance growth-enhancing investments. The International Monetary Fund (IMF): Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook. Growth is projected to pick up to 3.4 percent in 2020 (a 0.2 percentage point downward revision compared with April), reflecting primarily a projected improvement in economic performance in a number of emerging markets in Latin America, the Middle East, and emerging and developing Europe that are under macroeconomic strain.

People drive Diversification

(An extract from Foreign Direct Investment 2020)



Historical Economist will point out many successes and failures which proves that diversification is more about tax revenue collection than increasing local opportunities and jobs. As the world became a more connected place, through electronic technological advances in intelligence, communication and transportation, worldwide competition destroyed mid-central opportunities and jobs. Today, economic drivers consolidate, in locations of the finish product, essential raw material inputs and employ, global communication and transportation strategies, in its distribution channels. The future must, therefore, adapt to the movement of highly educated, skilled and talented people, following the sustainable development, growth opportunities and their dependable jobs.