Breakingviews

Luxury faces tough quest for next big market

August 27, 2015

China’s slowdown and weaker currency have hit share prices of bauble-peddlers LVMH and Swatch. The hunt is on for luxury’s next hotspot. India and Brazil show promise, but a mix of scale, rising incomes and inequality is elusive. Better opportunities may be closer to home.

Ethical economy: The 7 billion people question

By Edward Hadas
November 2, 2011

The world’s population has increased seven-fold since Thomas Malthus first predicted demographic disaster. And misery is receding. Economists should stop thinking of population growth as an economic drag. They should join parents in considering new life a cause for celebration.

Unravelling India, Part 3: Demography

January 20, 2012

It’s common in India to say that, even if the country suffers from short-term political paralysis, the long-term growth prospects are great because of its burgeoning population. But is that really so?

China can’t reproduce its way out of trouble

July 5, 2012

Ditching the one-child policy is becoming a mainstream idea, and rightly so. But China will need to prepare for the 2.3-child world. Resource scarcity and strained government finances could ensue. And a bigger population is less important than a productive one.

Greying China could be left in the red

July 10, 2012

The number of people aged 60 or over may more than double to 438 mln by 2050. That will dent competiveness and worsen social strains. A higher retirement age is one idea to counter a possible $3 trln shortfall in the pension fund. At least it’s not too late to start preparing.