Careful optimism and tough realities

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At year’s end, the signals for the future of the global economy are mixed. On the one hand, recovery of the financial markets continues – with some fluctuations. On the other hand, all the experts state that unemployment will remain stubbornly high – some improvement is foreseen in the US, China, Brazil, India, Australia – but in general 2010 will be a year of confronting very tough times, for millions of working families.

Time-lags mean that public revenue in many countries will get worse before they get better, with the threat of so-called “exit strategies”, to write down debt, looming for all our public services, notably education. And great uncertainties are still there for Greece, Venezuela, Ukraine, Ireland, Italy, Spain, Portugal – the list goes on.

And the developing countries in all this!

Maybe cautious optimism for the experts. But tough, tough realities for many, many people!

1 Comment:

jindi said...

In 2008, Prof. Express is the support for greater serenity and unfolds in Spain: Spain Prof. Express, in partnership with Educa-System, Leader of tutoring
soutien scolaire at home in Spain, has an agreement with the bank BBVA. Since early 2008, combining an offer of tuition at home and Prof. Express service will be condoned by BBVA and will be distributed to its 30 000 employees.

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Education International 2009