La Fleur's Lottery World
    Twitter LinkedIn RSS
    Tuesday, May 24
    LOG IN: Purchases & Subscriptions
    La Fleur's Lottery World
    0 Shopping Cart
    • Home
    • Conferences
    • Magazine
    • Store
    • My Purchases
    • White Pages
    • Cart
    La Fleur's Lottery World
    0 Shopping Cart
    You are at:Home»Video»Conference»Forum»16 Vancouver»Jock Finlayson, BCBC; Macroeconomic environment in the advanced economies globally
    16 Vancouver

    Jock Finlayson, BCBC; Macroeconomic environment in the advanced economies globally

    September 9, 20161 Min Read
    Facebook Twitter LinkedIn Email

    Jock Finlayson, EVP & Chief Policy Officer at Business Council of British Columbia (BCBC), laid out the macroeconomic environment in the advanced economies globally.
    He began by saying, “We are in a slow-growth world in macroeconomic terms . . . We are now living in a world where the global economy is kind of limping along at a 2.5% or 3% rate of expansion”
    Right now the global economy is “choppy” and “risk-prone” and is characterized with “incredibly low inflation in the advanced economies,” “record low interest rates” and “a fair amount of political instability and uncertainty.” He believes this trend will continue into the foreseeable future as well.
    The cause of the slow growth is a mixture which includes “aging populations,” “slower/negative labor force growth rates,” “muted productivity gains,” “large public sector debts (in some countries)” and “increasing inequality,” reported Finlayson.
    Emerging economies are still growing faster because there is so much opportunity to improve living standards and wealth. Finlayson believes that most of the growth in the global labor force, the consumption, and spending will come from these countries in the years to come.

    Share. Facebook Twitter LinkedIn Email
    Previous ArticlePaul Andrew, Lotterywest; Company changes since taking over as CEO
    Next Article Marty Ramos, Microsoft; Overview of current technology in retail environment

    Related Posts

    Sustainability Awards

    September 9, 2016

    Jason Lisiecki, Michigan Lottery; Update on Michigan iLottery initiative

    September 9, 2016

    Jim Lightbody, BCLC; The future of the industry

    September 9, 2016

    Comments are closed.


    Subscribe

    La Fleur's will respectfully update you twice a month on lottery industry news, data reports, and conferences.

    La Fleur’s Magazine Organizes Spring Conference in Richmond, Virginia (May 23-25)

    Marcus Thomas Introduces Adaptep™ Intelligent Ecosystem for Lotteries

    Quote of Week: Isabelle Jean, Loto-Quebec

    About
    About

    Your source for lottery industry news, data, and conferences.

    We're social, connect with us:

    Twitter RSS LinkedIn
    Contact Information

    343 Community Center Ave

    Gaithersburg, MD 20878

    301-610-6070

    byron@lafleurs.com

    Popular Posts

    La Fleur’s Magazine Organizes Spring Conference in Richmond, Virginia (May 23-25)

    May 23, 2022

    Marcus Thomas Introduces Adaptep™ Intelligent Ecosystem for Lotteries

    May 23, 2022

    Quote of Week: Isabelle Jean, Loto-Quebec

    May 20, 2022
    Copyright © 2022 TLF Publications.
    • About Us
    • Returns Policy
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.