- The last crisis was caused by heavily indebted societies struggling to return to growth after the crisis. This process is structural due to demographic changes, not cyclical.
- Differences in debt levels between countries like Germany and Spain can be explained by the timing of their credit-driven private consumption booms and the age of their populations.
- While the worst of the last crisis is over, future crises may be driven by population aging in countries around the world, which will impact patterns of saving, borrowing, asset prices, and sovereign debt levels. Understanding these demographic forces is key to addressing the next potential crisis.
The Longevity Economy: How People Over 50 Are Driving Economic and Social Val...Longevity Network
The full 2016 Longevity Economy Report.
Background: By 2015, more than 1.6 billion people in the world were part of the 50-plus cohort. By 2050, this number is projected to nearly double to about 3.2 billion people. Throughout the world, the growth of this age group is having a transformative impact, economically and socially. The U.S. alone is home to 111 million in the 50-plus cohort; they represent a powerful force that is driving economic growth and value. This is the Longevity Economy, representing the sum of all economic activity driven by the needs of Americans age 50 and older, and includes both products and services they purchase directly and the further economic activity this spending generates. The difference it makes is substantial. In our first report released in 2013, the Longevity Economy fostered $7.1 trillion in annual economic activity. This figure has now been revised up to $7.6 trillion in our 2016 report. The outsized contribution reflects the changing demographics, wealth and spending patterns of the 50-plus population as the life span increases and the Longevity Economy becomes more pervasive and central to economic and social policies.
The New Shape of Real Estate: Well Workplace by Cushman & WakefieldJohn Farese
Interesting report on the future of the workplace. The well being of employees is the renewed focal point of commercial real estate spaces looking beyond 2017.
FUTURE AGENDA: Future of wealth (initial-perspective) Prof. Julio J. PradoJulio Jose Prado
In the post-recession era,
there is an increasing concern
on topics related to wealth
inequality in Developed
countries, most notably in
the USA and the Euro Zone.
56% of people living in rich
countries, believe the most
pressing problem of the
economy is inequality.
Gayle Allard (Vice Rector of Research at IE Business School), brought to us an analysis of the causes behind the actual European crisis, drawing the attention to the enormous challenges ahead. Referring to the different factors that contribute to the satisfaction of women, Gayle Allard shared with the audience a research survey illustrating the lack of correlation between wealth increase (GDP) and happiness in general, inviting all the presents to reflect on the way society should be heading to.
Cyprus Bailout: A big risk for Europe (and the World)Julio Jose Prado
On Saturday the 16th of March, in an economic bailout plan supported by the EU and the IMF, the deposits in Cypriots banks were frozen. Additionally, in an unprecedented move, a percentage of those private deposits (held both by common people and business) will be seized to “help” repay some of the amount of the bailout. If you have followed the recent story of the crises in Latin America or have suffered from its consequences, this episode of the European crisis may seem terribly familiar. In this brief analysis if the Cyprus bailout I review some of the possible implications for the European Union and the world. I will argue that the conditions of the bailout create an extremely dangerous precedent for the rest of the countries in Europe, especially for Spain, Greece, Italy and Portugal. Three days after the announcement, as the protests in Cyprus and concern in the rest of Europe were increasing, it seemed that some aspects of the bailout plan could change, but even if that happens the negative effects could spillover beyond Cyprus
The Longevity Economy: How People Over 50 Are Driving Economic and Social Val...Longevity Network
The full 2016 Longevity Economy Report.
Background: By 2015, more than 1.6 billion people in the world were part of the 50-plus cohort. By 2050, this number is projected to nearly double to about 3.2 billion people. Throughout the world, the growth of this age group is having a transformative impact, economically and socially. The U.S. alone is home to 111 million in the 50-plus cohort; they represent a powerful force that is driving economic growth and value. This is the Longevity Economy, representing the sum of all economic activity driven by the needs of Americans age 50 and older, and includes both products and services they purchase directly and the further economic activity this spending generates. The difference it makes is substantial. In our first report released in 2013, the Longevity Economy fostered $7.1 trillion in annual economic activity. This figure has now been revised up to $7.6 trillion in our 2016 report. The outsized contribution reflects the changing demographics, wealth and spending patterns of the 50-plus population as the life span increases and the Longevity Economy becomes more pervasive and central to economic and social policies.
The New Shape of Real Estate: Well Workplace by Cushman & WakefieldJohn Farese
Interesting report on the future of the workplace. The well being of employees is the renewed focal point of commercial real estate spaces looking beyond 2017.
FUTURE AGENDA: Future of wealth (initial-perspective) Prof. Julio J. PradoJulio Jose Prado
In the post-recession era,
there is an increasing concern
on topics related to wealth
inequality in Developed
countries, most notably in
the USA and the Euro Zone.
56% of people living in rich
countries, believe the most
pressing problem of the
economy is inequality.
Gayle Allard (Vice Rector of Research at IE Business School), brought to us an analysis of the causes behind the actual European crisis, drawing the attention to the enormous challenges ahead. Referring to the different factors that contribute to the satisfaction of women, Gayle Allard shared with the audience a research survey illustrating the lack of correlation between wealth increase (GDP) and happiness in general, inviting all the presents to reflect on the way society should be heading to.
Cyprus Bailout: A big risk for Europe (and the World)Julio Jose Prado
On Saturday the 16th of March, in an economic bailout plan supported by the EU and the IMF, the deposits in Cypriots banks were frozen. Additionally, in an unprecedented move, a percentage of those private deposits (held both by common people and business) will be seized to “help” repay some of the amount of the bailout. If you have followed the recent story of the crises in Latin America or have suffered from its consequences, this episode of the European crisis may seem terribly familiar. In this brief analysis if the Cyprus bailout I review some of the possible implications for the European Union and the world. I will argue that the conditions of the bailout create an extremely dangerous precedent for the rest of the countries in Europe, especially for Spain, Greece, Italy and Portugal. Three days after the announcement, as the protests in Cyprus and concern in the rest of Europe were increasing, it seemed that some aspects of the bailout plan could change, but even if that happens the negative effects could spillover beyond Cyprus
A detailed review of the causes and effects of income inequality. Details on how extreme it is. Citation of many authors suggesting how it came about and what to do about it.
Globalization, i.e. the mechanism of continuous integration of different economies of the
world, is strongly in progress all across the globe.Supported by heightenedtempo of
technological changes, by liberalization of trade and by rising significance of supranational
regulations, globalization has opened up the nations to a competition much more intense than
ever before (Globalization: A Brief Overview). Globalization mainly entails the spread of social,
economic and cultural viewpoints in all parts of the world. It also enables high level of
uniformity among various places due this spread. This has been possible because of greater
integration of nations through the growth of investments, international trade and free of flow of
capital.
From Crisis to Recovery The Causes, Course and Consequences of the Great Rece...Dr Lendy Spires
OECD Insights: From Crisis to Recovery 3 Foreword The current global economic crisis was triggered by a financial crisis caused by ever-increasing thirst for short-term profit. In addition, against a background of government support for the expansion of financial markets, many people turned a blind eye to basic issues of business ethics and regulation. We now need to rewrite the rules of finance and global business. To restore the trust that is fundamental to functioning markets, we need better regulation, better supervision, better corporate governance and better co-ordination. We also need fairer social policies and an end to the bottlenecks that block competition and innovation and hamper sustainable growth. We must also find the most productive ways for governments to exit from their massive emergency interventions once the world economy is firmly back on a growth path. Dealing with fiscal deficits and unemployment while encouraging new sources of growth will absorb policy makers’ attention in the near term, but lifting our collective sights to focus on wider issues, such as the environment and development, is a challenge we must also meet. How can we move from recession to recovery? The OECD’s strategic response involves strengthening corporate governance and doing more to combat the dark sides of globalisation, such as corruption and tax evasion. As well as correcting the mistakes of the past, we have to prepare the future. We are elaborating a “Green Growth Strategy” to guide national and international policies so that all countries can realise the potential of this new approach to growth. Our analysis shows a need for governments to take a stronger lead in fostering greener production, procurement and consumption patterns by devising clearer frameworks and ensuring that markets work properly. They should drop some costly habits too, notably subsidising fossil fuels, which would help fight climate change and save money as well.
This special edition of the Economist -- in partnership with the Rockefeller Foundation and OECD -- explores long-term living standards, crises and their impact; technology and jobs; pensions, and migration and climate change.
More than six years have passed since the subprime mortgage crisis began in the US in the summer of 2007. In the following year, it spread to the entire world economy. Its consequences have not been fully overcome yet. Thus it’s not surprising that economists’ attention has been largely devoted to short-term, crisis-related issues like financial deleveraging and repairing the balance sheets of governments, corporations and households. For the macroeconomic policy debate, this means concentrating on demand management by using monetary and fiscal policy tools in order to return to a pre-crisis growth path. Rarely has the question been asked of whether or not this is a realistic goal, i.e., whether post-crisis growth can return to pre-crisis levels. An analysis of growth perspectives in the medium-to-longterm calls for using the neo-classical growth theory, according to which there are three factors at play: labor, capital and total factor productivity (TFP). In this brief we will try to figure out what their expected dynamics are and how much each of them can contribute to economic growth in the foreseeable future.
Authored by: Marek Dabrowski
Published in 2013
A detailed review of the causes and effects of income inequality. Details on how extreme it is. Citation of many authors suggesting how it came about and what to do about it.
Globalization, i.e. the mechanism of continuous integration of different economies of the
world, is strongly in progress all across the globe.Supported by heightenedtempo of
technological changes, by liberalization of trade and by rising significance of supranational
regulations, globalization has opened up the nations to a competition much more intense than
ever before (Globalization: A Brief Overview). Globalization mainly entails the spread of social,
economic and cultural viewpoints in all parts of the world. It also enables high level of
uniformity among various places due this spread. This has been possible because of greater
integration of nations through the growth of investments, international trade and free of flow of
capital.
From Crisis to Recovery The Causes, Course and Consequences of the Great Rece...Dr Lendy Spires
OECD Insights: From Crisis to Recovery 3 Foreword The current global economic crisis was triggered by a financial crisis caused by ever-increasing thirst for short-term profit. In addition, against a background of government support for the expansion of financial markets, many people turned a blind eye to basic issues of business ethics and regulation. We now need to rewrite the rules of finance and global business. To restore the trust that is fundamental to functioning markets, we need better regulation, better supervision, better corporate governance and better co-ordination. We also need fairer social policies and an end to the bottlenecks that block competition and innovation and hamper sustainable growth. We must also find the most productive ways for governments to exit from their massive emergency interventions once the world economy is firmly back on a growth path. Dealing with fiscal deficits and unemployment while encouraging new sources of growth will absorb policy makers’ attention in the near term, but lifting our collective sights to focus on wider issues, such as the environment and development, is a challenge we must also meet. How can we move from recession to recovery? The OECD’s strategic response involves strengthening corporate governance and doing more to combat the dark sides of globalisation, such as corruption and tax evasion. As well as correcting the mistakes of the past, we have to prepare the future. We are elaborating a “Green Growth Strategy” to guide national and international policies so that all countries can realise the potential of this new approach to growth. Our analysis shows a need for governments to take a stronger lead in fostering greener production, procurement and consumption patterns by devising clearer frameworks and ensuring that markets work properly. They should drop some costly habits too, notably subsidising fossil fuels, which would help fight climate change and save money as well.
This special edition of the Economist -- in partnership with the Rockefeller Foundation and OECD -- explores long-term living standards, crises and their impact; technology and jobs; pensions, and migration and climate change.
More than six years have passed since the subprime mortgage crisis began in the US in the summer of 2007. In the following year, it spread to the entire world economy. Its consequences have not been fully overcome yet. Thus it’s not surprising that economists’ attention has been largely devoted to short-term, crisis-related issues like financial deleveraging and repairing the balance sheets of governments, corporations and households. For the macroeconomic policy debate, this means concentrating on demand management by using monetary and fiscal policy tools in order to return to a pre-crisis growth path. Rarely has the question been asked of whether or not this is a realistic goal, i.e., whether post-crisis growth can return to pre-crisis levels. An analysis of growth perspectives in the medium-to-longterm calls for using the neo-classical growth theory, according to which there are three factors at play: labor, capital and total factor productivity (TFP). In this brief we will try to figure out what their expected dynamics are and how much each of them can contribute to economic growth in the foreseeable future.
Authored by: Marek Dabrowski
Published in 2013
A R T I C L E STHE AGING OF THE WORLD’S POPULATION AND ITS.docxransayo
A R T I C L E S
THE AGING OF THE WORLD’S POPULATION AND ITS
EFFECTS ON GLOBAL BUSINESS
MASUD CHAND
Wichita State University
ROSALIE L. TUNG
Simon Fraser University
The rapid aging of the world’s population will bring unprecedented and important
changes in the global economic environment, creating unique challenges and oppor-
tunities for businesses worldwide. These challenges and opportunities span multiple
business areas, including strategy, human resources, cross-cultural management, and
marketing, while operating simultaneously at the functional, corporate, and public
policy levels nationally and internationally. In this paper, we first present an overview
of the aging situation globally and the challenges that result from it. Then we explain
some of the reasons behind demographic shifts in different countries, and how a
graying population affects macroeconomic systems. Finally, we analyze the implica-
tions for businesses, in terms of both opportunities and challenges, and provide
insights on how businesses can cope with these changes. We explain our findings
through several themes that emerge from our research and discuss their implications
for global businesses.
Declining birthrates and rising life expectancies
in many countries are causing a seismic demo-
graphic transformation, and this transformation—
the rapid aging of the world’s population—is bring-
ing about unparalleled changes in the global
business environment in terms of business oppor-
tunities, workforce productivity, cross-cultural
management, marketing, macroeconomic public
policies, and corporate strategy. According to the
United Nations World Population Aging Report
(UN Population Division, 2005), this process is tak-
ing place in all but 18 countries (mostly in sub-
Saharan Africa). For most of human history, the
elderly (those over 65) have never exceeded 3% or
4% of a country’s population. In today’s developed
world, they comprise roughly 15% of the popula-
tion. By 2050, this could reach 25% on average
(Center for Strategic and International Studies,
2011). The aging of the population in most coun-
tries of the world is leading to important changes in
the global economic environment— changes that
create unique and unprecedented challenges and
opportunities for businesses.
Aging occurs when the median age of a country
or region rises due to prolonged life expectancy
and/or declining birthrates. While aging is a world-
wide phenomenon, its effects have been dramati-
cally evident in developed countries so far: The
overall median age in developed countries (corre-
sponding figures for the world as a whole appear in
parentheses) rose from 29.0 (23.9) in 1950 to 39.6
(28.1) in 2009, and is forecasted to rise to 45.5
(37.8) by 2050. In addition, the pace of aging is
projected to accelerate in developing countries: By
2050, the worldwide population of people over 60
will reach two billion, three-quarters of whom
will be from developing countries (Australian In-
stitu.
12th-14th May,2020 -the FT launched The Global Boardroom, a new live-
streamed three-day event gathering "the most influential voices" from policy, business, tech and finance to offer a comprehensive picture of the global response to the Covid-19 crisis.
Demographically speaking, the world is breaking into "aging" and "growing societies". The latter are at the same time posting the strongest economic growth. These dynamics may create potential investment opportunities.
5 - Demographic drivers, population structures and pension systems (2014) (ENG)InstitutoBBVAdePensiones
-Demographic Drivers and Population Outcomes
-Population Dynamics and Pension Systems
-The main implications of aging from below, above, and aside for pension systems
-The impact of return migration on pension systems
-The scope of demographic options to improve situation
-Pension Systems and Accounting Framework
-From flow to stocks in the assessment of pension systems
-Toward a full asset/liability approach
-lncluding the Taxation of Pensions into the Framework
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.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
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
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@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 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
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
how can I sell pi coins after successfully completing KYC
Saying Goodbye To One Crisis and Hello To The Next
1. Saying Goodbye To One
Crisis, Only To Say Hello To
The Next One?
Edward Hugh
Macroeconomist, Barcelona
International Employee Benefits Association
11th
Annual IEBA Conference | Brussels | 8 - 10 March 2011
2. International Employee Benefits Association
In this presentation I will argue that
• The most recent crisis was not an arbitrary phenomenon
• There is an underlying process we need to understand
• The worst is undoubtedly over in the last crisis
• Yet despite this we may have simply clutched victory from
the jaws of defeat in one battle, only to then go on and lose
the next one.
3. International Employee Benefits Association
What Was The Last Crisis All About?
It was all about
debt, and about how
heavily indebted
societies were going
to be able to claw
their way back to
growth.
The Key Point To Grasp – This Process
Is Structural, Not Cyclical
4. International Employee Benefits Association
So Just Why Was There So Much Debt?
• Badly Structured Financial Products?
• Poor Regulation?
• Or Was There Something Else Going On?
5. International Employee Benefits Association
Case Study: The Eurozone
Here is a key part of the puzzle.
During the first 10 years of the
Euro some European countries
borrowed heavily, while others
lent. As a result Spain’s
households contracted a lot of
debt. Yet German households
didn’t.
Why this difference?
6. International Employee Benefits Association
One Conventional Account
The “one size fits all”
monetary policy didn’t
work. Spain had
negative interest rates
during the key years of
the housing boom.
But that still leaves us with a question:
why didn’t it work?
7. International Employee Benefits Association
Credit Driven Private Consumption Booms
Both Spain and
Germany have had
these.
The only real difference is in the
Timing.
Germany 1992 – 1999
Spain 2000 - 2008
8. International Employee Benefits Association
Current Account Blues
Germany didn’t always
run a current account
surplus. All through the
1990s the current
account was in deficit.
And Spain won’t always
run a current account
deficit, even if that seems
hard to believe right now.
9. International Employee Benefits Association
The Key 25 to 49 Age Group
This group peaked
in Germany – as a
% of total population
around the turn of
the century.
And in Spain it peaked
towards the end of
the first decade of this
century.
10. International Employee Benefits Association
In The BackgroundThose Famous “Global Imbalances”
But Just Why Did The Imbalances Build Up?
Japan, Germany and China –
the usual suspects – had
substantial current account
surpluses.
While that other group –
the debtors, countries
like the UK, the US and
Spain – ran substantial
deficits.
11. International Employee Benefits Association
Could Something As Simple As Median Population Age
Help Us Understand?
Ours is an age of rapidly
ageing societies. What is so
modern about our current
situation is not the ageing
itself, but its velocity, and
its global extension.
12. International Employee Benefits Association
The economic and social implications of the ageing
process are going to be profound. According to a recent
report from credit rating agency Standard & Poor’s:
• the process is seemingly irreversible.
• No other single force is likely to shape the future of
national economic health, public finances, and
policymaking over the coming decade
Population Ageing – A Unique Historical Challenge
Strangely, the issue receives only a
fraction of the attention that has
been devoted to global climate
change, even though, arguably,
ageing is a problem our social and
political systems are, in principle,
much better equipped to deal with.
13. International Employee Benefits Association
As far as we are able to understand the issue at this point,
population ageing will have major economic impacts and
these can be categorised under four main headings:
i) ageing will affect the size of the working age population, and with this
the level of trend economic growth in one country after another
ii) ageing will affect patterns of national saving and borrowing, and with
these the directions and magnitudes of global capital flows
iii) through the saving and borrowing path the process can influence
values of key assets like housing and equities
iv) through changes in the dependency ratio, ageing will influence
pressure on global sovereign debt, producing significant changes in
ranking as between developed and emerging economies.
14. International Employee Benefits Association
While population ageing is universal the short term
impact will be much more localised.
The pace of aging varies greatly across countries
and regions.
The effects of the process are expected to be most
pronounced in those countries that remained
complacent in the face of ultra-low fertility rates
(total fertility rates of 1.5 and under), which in effect
means Japan, the German speaking countries and
much of Southern and Eastern Europe.
15. International Employee Benefits Association
Another way of looking at
these demographic changes is
in terms of the dependency
ratio, which can be defined in a
number of different ways
depending on the problem
being addressed.
16. International Employee Benefits Association
In In Germany total population is expected to fall
from its current level of 82 million reaching anything
between 69 and 74 million by 2050, depending on the
future course of life expectancy, immigration and
fertility. And the proportion of people aged 65 and older
is projected to rise from just under 20% today to just
over 33% by 2050. At the same time, the number of
very elderly (those aged 80 and over) will nearly triple to
as much as 15% of the total population.
17. International Employee Benefits Association
Among emerging economies, the East of Europe stands
out as by far the worst case in the short term. In 2025,
more than one in five Bulgarians will be over 65 - up
from just 13 percent in 1990. Ukraine’s population will
shrink by a fifth between 2000 and 2025. And the
average Slovene will be 47.4 years old in 2025 – one of
the oldest populations in the world.
Eastern Europe Will Be Very Hard Hit
18. International Employee Benefits Association
The ageing problem goes well beyond the confines of the EU
or the G7. In particular China stands out among developing
economies, since the degree of ageing we should
anticipate, when viewed in terms of absolute numbers
and velocity, is simply staggering.
It is during the 2020’s that China’s age
wave will arrive in full force. The elder share
of China’s population seems set to rise
steadily from 11 percent in 2004 to 15
percent in 2015, and then leap to 24
percent in 2030 and 28 percent in 2040.
Over the same period, China’s median
age will climb from 32 to 44.
China Will Be One Of The Most Rapidly Ageing
Countries in the 2020s
19. International Employee Benefits Association
The key groups are prime savers,
prime borrowers, and prime
productive workers. Where these
actual age brackets lie, and the
extent to which they may overlap,
is still a subject of some
controversy,
One of the key points to grasp,
is that the proportion the
population which is to be found
in one of the ‘prime’ age groups
at a given moment in time, is
absolutely critical, and much
more important for
understanding the processes at
work than the mere size of the
working age population.
Estimates of the exact age
extension of the different
groups vary, but 25-40 would
be a good rule of thumb
measure of the borrowing
range, 40 to 55 for the peak
savers, and 35 to 50 for the
prime age workers.
Beyond this, the question is
an empirical one of measuring
and testing to determine more
precise boundaries and
frontiers.
Importance Of The Prime Age Groups
20. International Employee Benefits Association
There is a generally accepted wisdom in academic work known
as the “life cycle hypothesis” (Modigliani). This suggests that the
population’s financial behaviour changes depending on age. In
terms of adult life, those in their twenties and early thirties tend to
be net borrowers as they are relatively low earners at the same
time as they look to buy housing, expensive durables and fund
their burgeoning families. At some point around middle-age this
group then tends to move from being net borrowers to net
investors as they move into their economic prime and
accumulate financial assets to hopefully fund their retirement. As
they
approach retirement this group then start to shed the financial
assets they’ve been accumulating to fund their nonworking days.
Life Cycle Effects
21. International Employee Benefits Association
With this kind of understanding of the demographic
component of saving and borrowing patterns it is
not hard to see how demographic forces may have
played an important role in the run up to the most
recent crisis, making possible what Federal
Reserve Chairman Ben Bernanke once called the
‘savings glut’.
The Savings Glut
22. International Employee Benefits Association
As I have been arguing, if economies transit from
being consumption driven to export driven, and it
would appear that the process is not merely random,
then we are not talking about choosing between
options or “growth models”. There is not a choice
here, since there are deep underlying structural
dynamics at work, and these dynamics seems to be
intimately associated with the dynamics of the
demographic transition
The Demographics Of Export Dependency
23. International Employee Benefits Association
The young Danish economist Claus Vistesen and I have
proposed a model based on the close association of the
export dependent phenomenon with population ageing
and the demographic transition. Using Modigliani's life cycle
saving and borrowing idea, and the Swedish demographer Bo
Malmberg's idea of population "ages" (child, young adult,
middle aged and elderly), Claus Vistesen has prepared the
adjacent chart which attempt to illustrate the process which
might be at work.
24. International Employee Benefits Association
Dangers of Sovereign Debt Default?
According to the recent Standard & Poor's report, the cost of
caring for the growing numbers of dependent elderly will both
affect growth prospects and dominate public finance policy
debates across the globe, and for many years to come.
Even if most governments have long
been aware of the need to prepare for
the looming problem, the rapid build-up
of government debt over the past three
years has effectively heightened the
need to do more to advance reforms
aimed at containing the risks to
sovereign budgets, especially in
countries with high expected future
increases in age-related spending.
25. International Employee Benefits Association
Assuming no policy change, Standard and Poor’s estimate that
developed country deficits could rise from 5.7% of GDP currently
to over 7.4% of GDP by the mid-2020s. The interest cost of the
growing debt burden may exacerbate the budgetary impact of
demographic spending pressure. And if nothing is done deficits will
rise inexorably to 10.1% of GDP in 2030 and 24.5% by the middle
of the century. This would lead the general government net debt
burden to increase to 78% of GDP through to 2020, only to then
accelerate thereafter. By 2030, the net debt burden is projected to
be at almost 115%, at the same time as being on an explosive
path to which would see average developed country sovereigns
hitting 329% of GDP by 2050.
And The Numbers Are Daunting
26. International Employee Benefits Association
Of course, such numbers are not either fundable or sustainable, they are
only a simple illustration of what would happen if changes are not made.
Evidently, emerging market sovereigns are in
general in a relatively better position due to their
current level of economic development and
their relatively lower pension system coverage.
But it is not unreasonable to assume that as these
economies develop, government welfare spending
may grow faster than GDP as has been the trend
in advanced economies during the last half of the
20th century.
Time To Act Now In Emerging Economies
27. International Employee Benefits Association
A Delicate Balancing Act
Reasonable empirical confirmation exists that the
recent surge in global imbalances was, in part, an
offshoot of slow-moving underlying demographic
determinants of global capital flows.
The near-term adjustments will mean more emerging market
current account deficits and less developed market ones.
At a global level, demographic pressures will continue to imply that
the increase in desired saving will exceed the increase in desired
investment. This has one clear implication: globally interest rates
can be expected to remain low.
28. International Employee Benefits Association
In terms of policies to address the pressures of
‘ageing’, the debate in terms of social security and
healthcare often focuses on raising retirement ages
to reduce dependency rates and alleviate fiscal
pressures.
Extending working lives relative to the
time spent in retirement will not only help
address the pension issue, it should also
serve to accelerate the tendency
towards larger current account
surpluses across most developed
economies, in particular in those parts
of Europe which are in the process of
private sector deleveraging as part of
their fiscal sustainability programme.
Longer, Healthier Working Lives
29. International Employee Benefits Association
Surely it is more than a simple coincidence that the Nikkei peak was
hit at exactly the same time as the key 35 to 54 age group arrived
at its highest value relative to the dependant groups. That the
Nikkei then spent the best part of two decades failing to show any
meaningful recovery could also have much to do with the ongoing
ageing of the population and the decline in the number of those in
their economic prime.
Deutsche Bank’s Jim Reid in From The Golden To The Greying
Is Japan The Canary In The Coalmine?
30. International Employee Benefits Association
No recovery in long term
fertility, ever longer life
expectancy, declining trend
GDP growth, and ever higher
government debt. These are
all clearly long term
unsustainable. One day or
another “something” will
happen in Japan.
The Japan Problem Is Simply Not Sustainable
31. International Employee Benefits Association
Time To Act – What Can Be Done?
Short Term:
- Continuing and Continuous Structural Reform
• Labour Market Reform
• Pension Reform
• Heath System Reform
• Immigration
Longer Term
• Raise Fertility Rates
• Global Rebalancing Initiatives
• Acceptance that the Modern Growth
Era – like modernity itself – doesn’t
last forever.
32. International Employee Benefits Association
Edward Hugh: One of the standard pieces of
economic observation about countries
recovering from financial crises is that their
recoveries are export driven. But as you
starkly ask, at a time when the financial crisis
is generalized across all developed economies
“to which new planet are we all going to
export”? Many developing economies badly
need cheap and responsible credit lines, and
access to state-of-the-art technologies. Do
you think there is room for some sort of New
Marshall Plan initiative, to generate a win-win
dynamic for all of us?
Is Global Rebalancing Politically Realistic?
My Question To Paul Krugman
33. International Employee Benefits Association
Paul Krugman: Um, no. Not realistically as a
political matter. We’ll be lucky if we can get
the surplus developing countries to spend on
themselves. My guess is that our best hope
for recovery lies in environmental investment:
taking on climate change could, in terms of the
macroeconomic impact, be the functional
equivalent of a major new technology.
And Krugman’s Response
So There We Have It – The Priority Is Climate Change
Thank You For Your Attention