http://pwc.to/1lN91cC
Comme tous les mois, l’équipe d’économistes de PwC publie une note sur la situation macro-économique mondiale. Ce mois-ci, focus sur l’accroissement des inégalités dans les pays matures ; les incertitudes concernant la croissance chinoise ; et les prévisions de croissance pour la Grande-Bretagne.
China's economy: slowing distorted and debt-addictedRBS Economics
China's economy is slowing. It's policy makers are having to contend with a massive debt-fuelled investment binge and the need to implement necessary reforms to rebalance the economy.
Senior Economist Marcus Wright goes behind the headlines with this stock take that sets out the main economic challenges facing China.
Export nations need to ensure that supply chains remain as intact as possible. This means that when and where credit insurers are withdrawing from covering international trade during this crisis, the government exceptionally steps in. Otherwise there is a risk a collapse of finely woven supply chains.”
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
China's economy: slowing distorted and debt-addictedRBS Economics
China's economy is slowing. It's policy makers are having to contend with a massive debt-fuelled investment binge and the need to implement necessary reforms to rebalance the economy.
Senior Economist Marcus Wright goes behind the headlines with this stock take that sets out the main economic challenges facing China.
Export nations need to ensure that supply chains remain as intact as possible. This means that when and where credit insurers are withdrawing from covering international trade during this crisis, the government exceptionally steps in. Otherwise there is a risk a collapse of finely woven supply chains.”
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
This is a video recording of a live AS macro revision webinar that looked at some examples of external demand and supply-side shocks that can affect countries such as the UK. In the video I explained six key "shock absorbers" - ways in which a country might be better placed to cope with the impact of world demand, supply and financial shocks to their economic systems.
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
The Federal Government has spent almost $32 billion on cybersecurity-related expenditures in the past 10 years. More importantly, the cyber spending boom shows no sign of slowing, as spending increased 281 percent from 2006 to 2014 (an average of 22 percent annually). This historic growth in cyber spending runs counter to the greater trend in Federal Government spending that has led to a relatively modest increase of 4.2 percent annually over the same time period.
As the world becomes increasingly digitized, so has the Federal Government, but individual agencies are not spending on cybersecurity in similar ways. Each agency's funding over the past 10 years tells a unique story.
Slowdown in Chinese Economy and its Impact on the Worldinamdaramaan
This presentation includes the overview of the causes and impact of Chinese slowdown and throws some light on future possibilities which can occur and main concerns to worry about.
China - A Country in Transition to a New Normaltutor2u
This is a revision presentation on key developments in the Chinese economy - designed for A level economics students preparing for their exams in June 2016
VERTEX's CEO, Bill McConnell, PE, JD, MSCE, CDT, provides his annual outlook on the state of the Construction industry. The US economy has expanded, albeit slowly, for the past 8+ years. The construction industry, which overcorrected during the Great Recession, has rebounded with vengeance on the heels of record private construction spending. On the other hand, public construction spending was considerably less in 2017 than it was in 2006. Moving forward, all indicators suggest that private construction will slow while public construction spending will soon pick up steam. Also, all good things come to an end, and the current economic expansion will be no different—it is likely the US will enter into a mild recessionary cycle in late 2019 or 2020.
VERTEX's CEO, Bill McConnell, PE, JD, MSCE, CDT, provides his annual outlook on the state of the Construction industry. The US economy has expanded, albeit slowly, for the past 8+ years. The construction industry, which over-corrected during the Great Recession, has rebounded with vengeance on the heels of record private construction spending. On the other hand, public construction spending was considerably less in 2017 than it was in 2006. Moving forward, all indicators suggest that private construction will slow while public construction spending will soon pick up steam. Also, all good things come to an end, and the current economic expansion will be no different—it is likely the US will enter into a mild recessionary cycle in late 2019 or 2020.
AS Macro Question - Falling UnemploymentEton College
This is a revision resource for students taking the EdExcel unit 2 economics paper - suggesting a way of approaching the 30 mark question and scoring high marks for evaluation.
AS Macro - Unemployment and the Labour Markettutor2u
Unemployment is one of the major macro-economic
performance indicators. The more unemployed people
in our economy the more we are producing below our
potential, less income is earned (reducing saving,
consumption and tax revenue) and there is a negative
impact on the welfare of society.
http://pwc.to/1h2k2l4
Après cinq années de crise, de récession et de croissance décevante, nous pensons que les pays développés peuvent maintenant approcher de la "vitesse de libération" nécessaire pour une reprise durable.
While growth has picked up, more needs to be done for Japan to overcome two key challenges – a record high government debt ratio and an accelerating decline in its working-age
population.
http://pwc.to/1fsT9Uu
Le Bitcoin est une monnaie numérique peer-to-peer qui connait un essor mondial. En 2013, le Bitcoin a obtenu 3,4 millions de mentions sur internet. Aux États-Unis, plusieurs petites et grandes entreprises du divertissement, des médias et des télécommunications ont entrepris des expériences avec cette nouvelle monnaie. PwC a donc mené une enquête auprès des consommateurs en ligne pour recueillir des informations sur la sensibilisation, les attitudes et les comportements liés au Bitcoin.
This is a video recording of a live AS macro revision webinar that looked at some examples of external demand and supply-side shocks that can affect countries such as the UK. In the video I explained six key "shock absorbers" - ways in which a country might be better placed to cope with the impact of world demand, supply and financial shocks to their economic systems.
The purpose of this monthly report is to provide you with an opportunity to better understand recent news at both a macro & micro level, to understand topical trends covered in the media around the economy and the contingent workforce - both locally & globally, and to discuss how these may impact business in Australia and New Zealand.
The Federal Government has spent almost $32 billion on cybersecurity-related expenditures in the past 10 years. More importantly, the cyber spending boom shows no sign of slowing, as spending increased 281 percent from 2006 to 2014 (an average of 22 percent annually). This historic growth in cyber spending runs counter to the greater trend in Federal Government spending that has led to a relatively modest increase of 4.2 percent annually over the same time period.
As the world becomes increasingly digitized, so has the Federal Government, but individual agencies are not spending on cybersecurity in similar ways. Each agency's funding over the past 10 years tells a unique story.
Slowdown in Chinese Economy and its Impact on the Worldinamdaramaan
This presentation includes the overview of the causes and impact of Chinese slowdown and throws some light on future possibilities which can occur and main concerns to worry about.
China - A Country in Transition to a New Normaltutor2u
This is a revision presentation on key developments in the Chinese economy - designed for A level economics students preparing for their exams in June 2016
VERTEX's CEO, Bill McConnell, PE, JD, MSCE, CDT, provides his annual outlook on the state of the Construction industry. The US economy has expanded, albeit slowly, for the past 8+ years. The construction industry, which overcorrected during the Great Recession, has rebounded with vengeance on the heels of record private construction spending. On the other hand, public construction spending was considerably less in 2017 than it was in 2006. Moving forward, all indicators suggest that private construction will slow while public construction spending will soon pick up steam. Also, all good things come to an end, and the current economic expansion will be no different—it is likely the US will enter into a mild recessionary cycle in late 2019 or 2020.
VERTEX's CEO, Bill McConnell, PE, JD, MSCE, CDT, provides his annual outlook on the state of the Construction industry. The US economy has expanded, albeit slowly, for the past 8+ years. The construction industry, which over-corrected during the Great Recession, has rebounded with vengeance on the heels of record private construction spending. On the other hand, public construction spending was considerably less in 2017 than it was in 2006. Moving forward, all indicators suggest that private construction will slow while public construction spending will soon pick up steam. Also, all good things come to an end, and the current economic expansion will be no different—it is likely the US will enter into a mild recessionary cycle in late 2019 or 2020.
AS Macro Question - Falling UnemploymentEton College
This is a revision resource for students taking the EdExcel unit 2 economics paper - suggesting a way of approaching the 30 mark question and scoring high marks for evaluation.
AS Macro - Unemployment and the Labour Markettutor2u
Unemployment is one of the major macro-economic
performance indicators. The more unemployed people
in our economy the more we are producing below our
potential, less income is earned (reducing saving,
consumption and tax revenue) and there is a negative
impact on the welfare of society.
http://pwc.to/1h2k2l4
Après cinq années de crise, de récession et de croissance décevante, nous pensons que les pays développés peuvent maintenant approcher de la "vitesse de libération" nécessaire pour une reprise durable.
While growth has picked up, more needs to be done for Japan to overcome two key challenges – a record high government debt ratio and an accelerating decline in its working-age
population.
http://pwc.to/1fsT9Uu
Le Bitcoin est une monnaie numérique peer-to-peer qui connait un essor mondial. En 2013, le Bitcoin a obtenu 3,4 millions de mentions sur internet. Aux États-Unis, plusieurs petites et grandes entreprises du divertissement, des médias et des télécommunications ont entrepris des expériences avec cette nouvelle monnaie. PwC a donc mené une enquête auprès des consommateurs en ligne pour recueillir des informations sur la sensibilisation, les attitudes et les comportements liés au Bitcoin.
http://pwc.to/1unBW8o
Selon le rapport annuel "Mine" du cabinet d’audit et de conseil PwC, l'année 2013 a contraint l'industrie minière mondiale à revoir ses prévisions à la baisse dans un contexte opérationnel parmi les plus difficiles de ces dernières années.
http://pwc.to/RE5u3s
Comme tous les mois, l’équipe d’économistes de PwC publie une note sur la situation macro-économique mondiale. Ce mois-ci, focus sur l’Eurozone, l’inflation et les élections en Inde.
Étude PwC sur les objets connectés "The Wearable Future" (oct. 2014)PwC France
http://bit.ly/TheWearableFutureCP
L’étude du cabinet d’audit et de conseil PwC « The wearable future » montre que les « wearables » (vêtements ou accessoires connectés) sont de plus en plus présents dans le quotidien des Américains : en 2014 plus d’un Américain sur 5 déclare posséder au moins un « wearable ».
Ces nouveaux objets technologiques intéressent en priorité la génération Y puisqu’elle se déclare 55 % plus susceptible de posséder un « wearable », et 67 % plus attirée par ces nouvelles technologies.
Pour 3 Américains sur 4, ces différents « wearables » doivent à l’avenir permettre à la fois d’être plus réactifs et efficaces au travail, mais également de disposer de plus de temps libre.
Etude PwC "Cash for growth" sur le BFR (2014)PwC France
http://bit.ly/AmeliorationBFR
L’étude "Cash for growth" de PwC analyse les performances des entreprises sur l'optimisation de leur BFR. PwC a passé en revue les comptes de 7 368 entreprises à travers le monde, et calcule le montant total de cash qu'une efficacité accrue permettrait de libérer.
http://bit.ly/ModernMobilityCP
Selon les prévisions de la nouvelle étude du cabinet d’audit et de conseil PwC « Modern Mobility, les entreprises dépensent chaque année des millions d'euros pour le détachement de leurs collaborateurs à l'étranger, mais ne parviennent pas à en quantifier le coût ni à évaluer le retour sur investissement. Ainsi, près de six organisations sur dix estiment que leurs programmes de mobilité ne sont actuellement pas rentables.
http://bit.ly/GEWjuin2014PwC
Le Brésil accueille la Coupe du Monde de football ce mois-ci. Cet événement sportif va mettre l'accent sur une économie des BRIC qui a traversé une période difficile depuis la crise financière.
The following slides provide the background data and information that have informed the future trends identified under the economy and infrastructure theme. This presentation should be viewed alongside those for the other themes in order for the wider picture to be understood.
Global Powers of Consumer Products 2013Melih ÖZCANLI
Global Powers of Consumer Products 2013
Engaging the connected customer
by Deloitte, 2013
The opportunity for consumer products companies to manage their brands online, engage with consumers at an individual level, and drive sales through digital channels is significant. The question is how to do it well. Take a look at this year's report to see which consumer goods companies are on the Top 250 list. Then keep reading to see what approaches the industry is likely to take to engage this new, digitally empowered consumer.
Find out which companies are where on this year's Top 250 list by downloading the complete report.
El avance tecnológico es una de las más importantes fuentes de crecimiento a largo plazo. Las tasas y los patrones de crecimiento varían considerablemente entre países y las diferencias en capacidades tecnológicas tienen un papel fundamental.
Pese a las dificultades que pueda entrañar la definición de alta tecnología, sí que es posible sintetizar
ciertos comportamientos propios de estas empresas, y de los mercados en los que operan, que condicionan su actividad.
Inicialmente parece necesario mencionar las condiciones medioambientales propias de los sectores de
alta tecnología que se resumen en la existencia de
niveles de incertidumbre muy elevados asociados a
diversos factores: 1) la entrada y salida constante
de competidores que suele producirse en estos
mercados, los cuales pueden proceder de los sectores más variados (McGrath, 1995); 2) la aparición
de nuevos mercados o la transformación radical de
los preexistentes a medida que las tecnología surgen y evolucionan (Shanklin y Ryans, 1987); 3) la
inseguridad acerca de cuáles serán las aplicaciones
comerciales más rentables de las nuevas tecnologías
(Macinnis y Heslop, 1990)
la importancia y la necesidad de la incorporación de la orientación al mercado como una cultura de gestión del negocio en las empresas de alta tecnología. La orientación al mercado entendemos que ejerce una influencia positiva sobre todas las actividades de la empresa y, en concreto, sobre las actividades de innovación. Así, los resultados obtenidos evidencian que las empresas más orientadas al mercado innovan mejor y obtienen mejores resultados en los productos que comercializan. Desde esta perspectiva, y dado el carácter estratégico de la innovación en los mercados de alta tecnología, es necesario que desde la dirección se asuma la coexistencia entre la orientación tecnológica, a veces presente en exceso, y la orientación al mercado.
Un producto de alta tecnología (High Tech, en inglés) es un objeto complejo, que responde a
necesidades de las personas y se obtiene a partir de tecnologías que están cambiando
constantemente. Las empresas que asumen su producción son aquellas de carácter altamente
competitivo y que disponen de una sólida base científico-tecnológica (Santos, 1995, p.2).
En otras palabras, son productos que resultan de la aplicación del estado más avanzado de
desarrollo en términos de tecnología, o sencillamente, la tecnología más avanzada disponible
en el momento.
Otra característica importante de los productos de alta tecnología, nos dicen Hills y Sarin
(2003), es que funcionan como parte de un amplio sistema de productos, más que como
productos separados (p.e impresora, escáner, software, servidor y red). De ahí que la
disponibilidad de productos complementarios y la compatibilidad con otros productos en un
sistema es crítico para el éxito o fracaso de nuevas tecnologías (p. 13).
Con los productos de alta tecnología, nos amplían Keegan y Green (2009), se usan estrategias
de mercadeo de posicionamiento
http://bit.ly/GEWaout2014
Les dirigeants sont de plus en plus conscients du potentiel inexploité de l'Afrique sub-saharienne. La population de l'Afrique subsaharienne est devrait croître plus rapidement que dans toutes les autres régions du monde. En conséquence, en 2040, le Continent africain devrait avoir la plus grande force de travail du monde et pourrait avoir une croissance économique plus rapide que n'importe quelle autre région.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
http://pwc.to/1cpYR81
En octobre, les décideurs de partout dans le monde se sont réunis à Washington DC pour faire le bilan des perspectives économiques mondiales. Pour la première fois depuis 2010, le pronostic d’une reprise soutenue pour les économies développées devrait être positif.
This report provides an evidence-based overview of developments in capital markets globally leading up to the COVID-19 crisis. It then documents the impact of the crisis on the use of capital markets and the introduction of temporary corporate governance measures.
Similar to PwC Global Economy watch (mars 2014) (20)
Etude PwC "20ème édition de la CEO Survey" - Janvier 2017PwC France
Quelles sont les préoccupations des dirigeants en 2017 ?
Cette année, plus de 1300 dirigeants du monde entier ont témoigné de leur confiance en l’avenir, leur priorités stratégiques.
Recherche de talents et des futurs leaders de demain, stratégies de développement, poids de la technologie et son impact sur la confiance en l’entreprise, dynamiques opposées de mondialisation et de nationalismes impactent le quotidien des dirigeants. Quel regard portent-ils sur leur environnement ?
http://pwc.to/2k0a12Q
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For the last two decades, PwC has asked business leaders everywhere about the trends reshaping business and society. As we mark the 20th year of our annual CEO survey, we’ve observed just how much the world has changed.
Le cabinet d’audit et de conseil PwC a mené son étude « Carbon Factor » auprès des 20 principaux producteurs d’électricité européens pour la 14ème année consécutive.
Le facteur carbone (exprimé en kg CO2/MWh) se définit comme le rapport entre les émissions de CO2 générées et la production d’électricité correspondante. En 2014, il s’établit à 313 kg CO2/MWh, soit une baisse de 5,8% par rapport à 2013, pour atteindre son plus faible niveau depuis 2001.
Etude PwC : La transition énergétique pour la croissance verte (nov 2015)PwC France
Quels sont les impacts attendus et les tendances du marché français de la Transition Energétique ?
La loi sur la transition énergétique fixe des objectifs ambitieux, définissant la trajectoire énergétique de la France à moyen et long terme
Etude PwC "Total Retail 2015" Sur quoi miser aujourd’hui pour réenchanter la ...PwC France
Dans sa 5ème étude mondiale sur les consommateurs connectés - menée dans 25 pays auprès de 22 600 web-acheteurs, le cabinet d’audit et de conseil PwC révèle que la France a recruté 17% de nouveaux web-acheteurs en 2015, un chiffre en hausse par rapport à 2014.
GEMO 2016 : un digital de plus en plus cannibale ?PwC France
Dans la 16ème édition de l’étude annuelle « Global Entertainment & Media Outlook », sur les perspectives de l’industrie des médias et des loisirs, PwC prévoit que le marché mondial va croître de 5,1 % en moyenne par an entre 2014 et 2019.
Cette étude, réalisée dans 54 pays, montre qu’avec 3,2% de croissance moyenne annuelle d’ici 2019, la France tire son épingle du jeu parmi les pays matures.
La publicité sur internet devrait y porter la croissance du secteur, et le numérique en général continue de bouleverser le business model de l’ensemble des segments, qu’il s’agisse de l’édition, de la musique, de la presse, des jeux vidéo ou bien encore de la télévision.
Infographie PwC GEMO 2016 sur l'industrie Médias et Loisirs (juin 2015)PwC France
Dans la 16ème édition de l’étude annuelle « Global Entertainment & Media Outlook », sur les perspectives de l’industrie des médias et des loisirs, PwC prévoit que le marché mondial va croître de 5,1 % en moyenne par an entre 2014 et 2019.
Cette étude, réalisée dans 54 pays, montre qu’avec 3,2% de croissance moyenne annuelle d’ici 2019, la France tire son épingle du jeu parmi les pays matures.
Etude PwC Low Carbon Economy Index (oct. 2015)PwC France
L'année 2014 a marqué un tournant en matière de réduction des émissions de carbone dans les économies du G20. C’est ce que révèle le cabinet d’audit et de conseil PwC dans la 7ème édition de son étude annuelle « Low carbon Economy index », qui modélise l'intensité carbone des grandes économies – à savoir les émissions des gaz à effet de serre liées à la consommation d'énergie par million de dollars de PIB. En effet, l'intensité carbone a chuté de 2,7% en 2014, soit sa plus forte baisse depuis 2000.
La France fait office d’exemple : elle a réduit son intensité carbone de plus de 9% en 2014, ce qui représente la 2ème plus forte réduction des pays du G20, juste derrière le Royaume-Uni (- 10,9%).
Etude FCD, ESSEC et PwC sur la distribution responsable (août 2015)PwC France
Les enseignes de la Fédération du Commerce et
de la Distribution (FCD) se mobilisent depuis de
nombreuses années en faveur du développement
durable. Elles mènent des actions volontaristes
pour réduire l’impact environnemental de leur
activité, mais aussi, conformément aux exigences
de la RSE, en matière de consommation
durable, de gestion responsable des ressources
humaines et d’engagement sociétal.
Les introductions en bourse européennes affichent une forte activité au 2e trimestre grâce aux spin-off,
mais entrent de plus en plus en concurrence avec les processus de ventes.
Etude PwC CEO Survey Talent "People Strategy for the Digital Age" (juillet 2015)PwC France
Dans son étude « People strategy for the digital age : A new take on talent » menée à l’échelle mondiale, le cabinet d’audit et de conseil PwC constate que, dans un contexte de concurrence mondiale accrue, les entreprises ont désormais besoin de compétences plus diversifiées pour rester compétitives : 73% des dirigeants voient la pénurie des compétences comme une menace sérieuse à la poursuite de leur activité (contre seulement 46% en 2009).
Une des réponses consiste à mettre en place une stratégie de diversification des talents. Pour aller plus loin, les entreprises doivent également se tourner vers l’exploitation et l’analyse des données qu’elles collectent.
Dans sa dernière étude « PwC Golden Age Index : how well are OECD economies adapting to an older workforce ? », le cabinet d’audit et de conseil PwC compare l’emploi des seniors (travailleurs âgés de plus de 55 ans) dans 34 pays de l’OCDE.
Etude PwC Global Economy Watch (juin 2015)PwC France
Dans leur dernière étude « Global Economy Watch », les économistes du cabinet d’audit et de conseil PwC ont analysé les performances économiques des cinq premiers pays d’Afrique du Nord – Egypte, Algérie, Maroc, Soudan et Tunisie, près de cinq ans après les débuts du « Printemps arabe » qui a entraîné de grands bouleversements dans toute la région. Cette étude révèle les défis et les opportunités qui attendent les entreprises et les dirigeants politiques en Afrique du Nord.
Etude PwC et Essec "Grande consommation 1985 - 2015 - 2045"PwC France
A l’occasion du 30ème anniversaire de la Chaire Grande Consommation de l’ESSEC, les experts du cabinet d’audit et de conseil PwC ont imaginé les grandes évolutions du secteur de la distribution et des biens de consommation au cours des trente prochaines années.
Etude PwC sur le Top 100 des entreprises les mieux valorisées au monde en 201...PwC France
La dernière étude du cabinet d’audit et de conseil PwC « Global Top 100 Companies by market capitalisation » révèle que plus de la moitié (53) des 100 entreprises les mieux valorisées au monde sont américaines, contre seulement 4 entreprises françaises. Apple reste en tête du classement établi par PwC, avec une capitalisation boursière de 725 milliards de dollars, en hausse de 54% (+256 milliards de dollars) par rapport à 2014.
Etude PwC "Bridging the gap" sur les investisseurs institutionnels (mai 2015)PwC France
Selon la dernière étude du cabinet d’audit et de conseil PwC, intitulée « Bridging the gap », sept investisseurs institutionnels sur dix (70 %) – parmi les 60 qui ont été interrogés par PwC au plan mondial – affirment qu’ils refuseraient de participer à une levée de fonds de private equity ou à un co-investissement si ceux-ci présentaient un risque environnemental, social ou de gouvernance.
Méthodologie :
Pour réaliser cette étude, PwC a mené des entretiens individuels avec 60 commanditaires de 14 pays, totalisant quelque 500 milliards USD d’allocation aux gérants ou general partners (GP) de fonds de private equity. Les participants à l’enquête ont répondu sur la base du volontariat, d’où une surreprésentation probable des investisseurs relativement avancés dans leur approche de l’investissement responsable. Le panel était composé à 30 % de fonds de pension, à 20 % de gestionnaires d’actifs et à 7 % de fonds souverains ou publics. Parmi les répondants figuraient de grands fonds de pension du monde entier, comme le CalSTRS (caisse de retraite de l’enseignement public de Californie), l’USS (caisse de retraite de l’enseignement supérieur britannique), la caisse de retraite de BT, le West Midlands Pension Fund, le Wellcome Trust, un fonds de pension suédois et des fonds confessionnels aux États-Unis et en Finlande. Parmi les principaux gestionnaires d’actifs figuraient les sociétés Aberdeen, Hermes GPE, F&C et BlackRock. 7 investisseurs français ont aussi participé à cette étude comme par exemple BPI France, Ardian ou OFI Asset Management (devenu depuis SWEN Capital Partners).
Etude PwC, AFDEL et SNJV sur "Les 100 digital"PwC France
PwC, l’AFDEL et le SNJV dévoilent l’édition 2015 du GSL 100, classements des principales entreprises de l’édition de logiciels, des services Internet et du jeu vidéo français, dans le cadre de l’étude « Les 100 digital » qui décrypte les tendances et les progressions des entreprises de la French tech.
Etude PwC Global Economy Watch (mai 2015)PwC France
Selon la dernière étude « Global Economy Watch » du cabinet d’audit et de conseil PwC, les créances libellées en dollars américains, émises hors des Etats-Unis, ont fortement augmenté au cours de ces dernières années, passant de 6 000 milliards de dollars avant l’instauration des premières mesures d’assouplissement quantitatif en novembre 2008 à environ 9 000 milliards en 2014.
Etude PwC sur l'économie collaborative (mai 2015)PwC France
En dix ans, le concept d'économie collaborative est devenu un véritable marché impliquant de nombreuses startups comme des grandes entreprises internationales. Alors que ce marché représente aujourd’hui 15 milliards de dollars, le cabinet d’audit et de conseil PwC estime qu’il atteindra 335 milliards de dollars d’ici à 2025.
Source
Les données relatives aux consommations collaboratives des Américains sont issues de l’étude « Consumer Intelligence Series: The Sharing Economy » publiée par PwC en avril 2015. Pour cette étude, 1 000 consommateurs américains, âgés de plus de 18 ans, ont été sondés en ligne entre les 17 et 22 décembre 2014.
Etude PwC sur l'intérêt des investisseurs pour l’Afrique (avril 2015)PwC France
L’intérêt des investisseurs pour l’Afrique continue de progresser, le continent étant perçu comme un marché à fort potentiel de croissance, susceptible d’offrir des opportunités de retour sur investissement très intéressantes. L’Afrique sub-saharienne s’affirme comme la région la plus attractive. En effet, le Ghana, le Nigéria et la Tanzanie forment le Top 3 des pays de choix pour les analystes et investisseurs que le cabinet d’audit et de conseil PwC a interrogés dans la 7ème édition de l’étude « Valuation methodology survey », qui inclut pour la première fois les réponses des investisseurs en Afrique francophone.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
PwC Global Economy watch (mars 2014)
1. Beyond profit: should businesses be
facing up to inequality?
Visit our blog for periodic updates at:
pwc.blogs.com/economics_in_business
Global Economy Watch
April 2014
At a glance…
Inequality is on the agenda for
advanced economies…
In April, policymakers from around the
world will gather in Washington DC to
take stock of the global economy. Even
though the numbers show the recovery
is underway, rising inequality in many
advanced economies mean the benefits
of economic growth are not being felt
equally.
…although this isn’t a new story
Inequality has been rising for more
than 20 years. We think global
economic trends can help explain why.
Our “Megatrends” framework looks at
global trends that are having a major
influence on the economy today, and
will still be important over the next
decade. They permeate all areas of the
economy and society.
We think two Megatrends have
contributed to the rise in inequality:
• Technological breakthroughs,
which reduce the importance of
labour in the production process,
whilst increasing the rewards to
those with world class skills.
• The shift in global economic
power, which has previously led to
“off-shoring” of lower-skilled jobs to
the East. Though as wages in the East
are rising we could soon see a partial
reversal of this trend.
Our CEO survey suggests that 75% of
leaders believe their firm has a wider
role to play in society and inequality is
emerging as a key issue to address.
Is China’s growth at risk?
2014 could be a landmark year for
China. Sweeping reforms agreed at the
12th National People’s Congress affect
practically all sectors. However, recent
disappointing data on exports and
investment suggest the reaffirmed
7.5% GDP growth target could be at
risk.
The potential fallout from China’s
decade-long credit boom is a major
downside risk, given the strong
interlinkages between banks, state
corporations and local government.
Further defaults and financial market
volatility could slow down, or even
halt, China’s reform agenda.
A “swings and roundabouts” UK
budget
A continuing large structural deficit
meant George Osborne didn’t have
room for significant giveaways when
he delivered his Budget on 19th
March. Though there were some
measures that will support UK
business, such as a rise in the amount
of export finance available and help
with energy costs, they are unlikely to
have a major impact at the
macroeconomic level.
Fig 1: Inequality rose in each of the G7 advanced economies
between the middle of the 1980s and the late 2000s
Source: OECD
Note: France c.1985 value is from 1996
0.2
0.3
0.4
Canada Germany France Italy Japan UK US
Ginicoefficient
c.1985 c.2010
Moreunequal
2. Economic update: swings and roundabouts UK budget won’t
have a big macroeconomic impact
The economic recovery is underway in the UK. The OBR has
updated its forecasts for GDP growth to 2.7% in 2014 and 2.3% in
2015, very similar to the projections in our latest UK Economic
Outlook report of 2.6% this year and 2.4% next year.
Headline borrowing forecasts were down, but the structural
budget deficit remains relatively large in the UK, as shown in
Figure 2. The Chancellor therefore had limited room for
manoeuvre and delivered a ‘swings and roundabouts’ Budget
where ‘giveaways’ were broadly balanced by ‘takeaways’. which
impacts the micro level of the economy more than the macro level.
There is a lot more austerity to come, as reflected by the
Chancellor’s new welfare spending cap, and projected real
government spending cuts stretching out to 2018/19.
Nonetheless, the Chancellor did announce some pro-growth
measures which will provide a boost for business, including cuts in
energy costs, a temporary rise in tax allowances for investment
and more and cheaper export credit finance. While welcome, these
measures are unlikely to be large enough to change the
macroeconomic outlook for the UK economy as a whole.
More details of this report are available at:
http://www.pwc.co.uk/ukeo
Fig 2: Of the G7 and peripheral Eurozone economies, only
Japan has a bigger structural deficit than the UK
Source: OECD
Could downside risks derail China’s
growth?
China has seen a substantial credit-fuelled investment boom over
the past decade. Credit to the private non-financial sector has
grown from around 100% of GDP in 2000 to around 180% in
2013. This rate of increase is more dramatic than in most of the
crisis-hit nations in the Eurozone.
Deleveraging ahead
Borrowing to invest (especially in a developing economy like
China) is not a bad thing, provided that investment brings future
economic benefits. However, non-performing loan levels at a 2
year high suggest this has not always been the case and
underlines the need to rein in lending . This has already begun:
new total social financing (a broad measure of liquidity and
credit) fell more than 50% to 938.7 billion yuan in February from
the previous month.
A hard or soft landing?
A raft of disappointing recent data suggests the risk of an
economic slowdown in China this year. The latest purchasing
managers’ index for manufacturing fell for the fourth consecutive
month in March to a 7-month low. Annual growth in industrial
output fell to 8.6% - strong by Western standards but the
weakest growth rate for China since the global financial crisis.
Investment fell 17.9% year-on-year, its weakest pace since 2000.
Exports also disappointed, falling by 18.1% in February, even
after accounting for distortions caused by the Lunar New Year
celebrations .
Finally, interbank markets have been unusually volatile. Banks
suffered a liquidity crunch in December when interbank lending
rates almost hit 10%. A “western-style” credit crunch is unlikely
given the state’s involvement in the banking system, as
subsequent intervention by the central bank showed. But
continuing volatility could mean higher lending rates for riskier
borrowers, including SMEs.
An ambitious reform agenda
2014 is looking like a landmark year for reform in China across
many sectors as the government seeks to reduce over-capacity of
production. The historic default of Chaori (an otherwise
unimportant solar cell maker) is indicative of the increasing
liberalisation of markets. However, there are concerns that these
reforms may be watered down in light of downside risks.
For example, a sharp slowdown in lending could weigh on
growth, putting pressure on the central bank to loosen money
supply to support the recently reaffirmed 7.5% growth target.
Highly-leveraged SOEs may be next, given the strong links
between highly-indebted local governments, state-owned
enterprises and banks. Risks to the quasi-public sector would
surely see a roll-back on reforms.
Reforms are needed
These risks to growth also underline the importance of these
much-needed reforms. The transition from the exports and
investment-led growth model to a domestic consumption and
services model will necessarily slow long-term growth, but it will
reduce China’s vulnerability to external shocks and ensure
sustainable growth. Opening up the banking sector to private
capital will boost competition in financial services and reduce
dependence on shadow banking. Pursuing these reforms may
have some transitional costs, but are necessary to secure
sustainable growth in the long-term for China.
Fig 3: Loans to private non-financial sector
Source: BIS, National Bureau of Statistics
80%
100%
120%
140%
160%
180%
Q1
2000
Q1
2001
Q1
2002
Q1
2003
Q1
2004
Q1
2005
Q1
2006
Q1
2007
Q1
2008
Q1
2009
Q1
2010
Q1
2011
Q1
2012
Q1
2013
% of GDP
-20
-15
-10
-5
0
5
Estimatedcyclicallyadjustedgovernment
netlending(%ofpotentialGDP)
2009 2013
3. Source: AMECO
Inequality – is the Gini out of the bottle?
Fig 4: The wage share of the economy has been falling in
several advanced economies
Source: PwC 17th Annual Global CEO Survey
Fig 6: Three quarters of business leaders believe that their
firm has a role to play in society
Fig 5: Less inequality is associated with better conditions for
growth
Inequality is on the rise in key advanced economies
As the economic recovery continues to take hold in advanced
economies, substantial levels of inequality mean that the benefits
of recovery are not being felt equally throughout the economy.
For example the top 10% of wage earners in the US earned 48% of
total income in 2012.
Rising inequality is not a new phenomenon - in fact this is a trend
lasting more than 20 years. Figure 1 shows that the Gini
coefficient (a standard measure of inequality) rose in each of the
G7 economies from around 1985 to around 2010. During that
period the top 1% of the income earners in the US increased their
share of total income by 10 percentage points from 1985 to 2012.
Global Megatrends can help to explain why
We think there are some important structural trends at play
which can linked to broader “megatrends” in the global economy.
In particular:
• Technological breakthroughs are changing the role of
labour in the production process. During the industrial
revolution, technology reduced the need for labour to do
physically repetitive tasks. Now, the digital revolution is
reducing the need for labour to do mentally repetitive tasks.
This partly explains why, in the US, we have seen the share of
wages as a proportion of the economy decrease from around
61% in 1990 (approximately when the world wide web was
invented) to 56% in 2013.
• The shift in global economic power from the West to the
East has given businesses in advanced economies more
flexibility in deciding where to operate parts of their business.
One side-effect of this has been offshoring of some lower value
added activities to low-wage destinations.
Inequality levels can have important implications for businesses.
Recent IMF research suggests that higher levels of inequality are
associated with lower levels of economic growth (see Figure 5).
More equal economies can also mean a “broader base” of
consumer spending, expanding the range of products that
businesses can bring to market. They can also add to social
cohesion, which may be important for sustainable growth.
What does this mean for businesses?
Technological advances and declining wage gaps with China and
other emerging markets may mean reshoring of some jobs makes
more commercial sense in future. For example, in our recent UK
Economic Outlook, we estimated that reshoring could bring
approximately 100,000-200,000 jobs back to the UK over the
next decade.
But it’s not just the bottom line, businesses are increasingly
looking “beyond profit” to wider social issues (See Figure 6). One
approach here is to look at alternative models with greater
employee ownership of firms. This could help supplement wages,
while also better aligning the interests of employees and the firm.
There could be other upsides too: data suggests that listed UK
companies with 10% or greater employee ownership have
outperformed the FTSE All Share by an average of 7.7% a year
since 2003.
“Redistribution, inequality and growth”, IMF Staff Discussion Note, February 2014
50
55
60
65
70
75
1980 1985 1990 1995 2000 2005 2010
Adjustedwageshare(%ofGDP)
Germany UK US Japan
31%
44%
It's important for us to satisfy wider societal needs and
protect interests of future generations
Agree strongly Agree
Source: IMF, OECD, PwC Calculations
Note: West Germany data used for Germany from 1980-1990
-0.50
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
0.2 0.25 0.3 0.35 0.4
2004-13ave.GDPgrowth
C.2004 Gini coefficient