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Thursday, 17 December 2009

Introducing the Global Forecasting Service (EIU)

YEAR AHEAD - 2010

10 Fastest-Growing Countries (Real GDP Growth, %)

Qatar 24.5 %
Turkmenistan 11.0 %
Azerbaijan 9.5 %
China 8.7 %
Uzbekistan 8.1 %
Congo ( Brazzaville ) 8.0 %
Angola 7.3 %
Ethiopia 7.0 %
India 6.5 %
Sri Lanka 6.4 %

Source : Economist Intelligence Unit [EIU])

This is "forecasting" by EIU as published in Mypaper on 17 Dec, 2009.

The EIU provides a "Global Forecasting Service" and other "Country Forecast" reports with subscriptions running from US$610.00 ~ US$1,195.00. Both online and hardcopy are available.

Website : http://www.eiu.com/index.asp

Opinion

It is not economical for Singapore to spent more than S$3 million (US$2.14 million) annually just to do "forecasting" fulltime. With this budget, we can subscribe to 20 different reports annually for the next 90 years if we manage to keep up with inflation. Or for 40 reports, it is enough to last for 45 years.

Reference
Straits Times Dec 11, 2009
JAPANESE CHAMBER OF COMMERCE 40TH ANNIVERSARY
Solution to ageing population, Report by Jeremy Au Yong, Political Correspondent
MM LEE ON...

How he would advise young people in Japan to create better lives for themselves despite the 'bureaucratic and rigid society': ...

Quote :
"We have done that. We also have a rule. I'm the exception to the rule but...I'm not doing the work! I'm just forecasting, I'm the radar over the horizon. And work is being done by younger people in their 40s and 50s."

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