Global recovery appears not only fragile but also unbalanced. Economic uncertainty and volatility continue to impact on business confidence to invest and grow. Governments need to provide political leadership to help turn this around and lay the foundations for a stable and lasting global recovery with fiscal austerity the order of the day.
We had budget deficits and debt in the beginning of the 90s, we thought it was a huge amount, we were close to 70% of the national gross product in debt but compared to other European countries and it took Sweden 20 years to come where we are today and for some countries it will take at least 10 to 15 years to make a recovery.
In terms of public sector performance, we’re considering opportunities to refocus service delivery through a structured innovation agenda, which seeks new user-focussed ways of delivering services rather than purely a cost cutting exercise...
The government must encourage and provide a viable environment for the private sector to become the growth engine of the nation’s economy. Increasing government spending to spur economic growth is clearly not sustainable and recent events in Europe have clearly shown the need for ‘good’ growth…
Svein R. Kristensen
We need to ensure more transparency, work against corruption and create regulatory predictability…
2012 Global CEO Survey
Suzanne Snowden Global Thought Leadership
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