Showing posts with label Creative destruction. Show all posts
Showing posts with label Creative destruction. Show all posts

Tuesday, May 15, 2012

Bheenick Identifies 7 Structural Weaknesses

Including lack of strategic planning, over-dependency on Europe and too little R&D. Manou also agrees that as a country we haven't been doing what we are capable of and advocates creative destruction as a sustainable platform for growth. Unlike the rampant bean-counting we've seen since 2005 I guess.

Finally the Governor bragged about our economy showing a fairly good degree of resilience. This doesn't look very serious.