Given absorption constraints, capital efficiency has been falling steadily amid increasing deadweight. If environmental damage caused by breakneck investment growth were taken into account, China s capital efficiency would be even lower.

It's all hidden in this code, and it's starting to be understood at breakneck pace.

The era of growth rates above 8 is over, at least for the foreseeable future. After three decades of breakneck growth, the Chinese economic juggernaut needs to slow down somewhat so that the machine can be fixed only then can it return to the fast lane and accelerate anew.

Gone are the directives to expand industrial production at a breakneck pace that characterized previous five year plans. Now, the focus is on achieving sustainable long term growth, underpinned by domestic consumption, a stronger services sector, entrepreneurship, and innovation.

Many economists are becoming even more pessimistic, pointing to Japan as evidence that, after three decades, China s breakneck growth may be coming to an end. Japan s economy, they point out, achieved more than 20 years of sustained rapid growth but, in the 40 years since 1973, annual growth has exceeded 5 only a handful of times, and output has stagnated for the last two decades.

Thanks to more than 30 years of breakneck economic growth with little regard for social justice and equality, China has become a stratified society. It is easy to imagine each social group demanding a larger share of national income, which by definition is inflationary.

Nandan Nilekani, the visionary co founder of outsourcing pioneer Infosys, explains four brands of ideas that will determine whether India can continue its recent breakneck progress.

After more than three decades of breakneck economic growth, it has transformed itself from one of the poorest countries on earth to the world's largest economy. And now that China, too, is beginning to lose its comparative advantage in labor intensive industries, other developing countries especially in Africa are set to take its place.

Perhaps most important, even as economic growth slows, technological change continues at a breakneck pace, raising seemingly unanswerable questions about its potential impact on the global economy. While some warn that technological progress will leave many unemployed, others remain convinced that displaced workers will find new jobs that do not yet exist, as has occurred in the past.

Ray Kurzweil's latest graphs show that technology's breakneck advances will only accelerate recession or not. He unveils his new project, Singularity University, to study oncoming tech and guide it to benefit humanity.

(By contrast, reconstruction in Iraqi Kurdistan is occurring at breakneck speed.) Iraqis are about to enter their 11th summer, when temperatures routinely exceed 50 C, with no more than sporadic power and running water.

The global oil industry is having a field day fracking, drilling, exploring in the Arctic, gasifying coal, and building new liquefied natural gas (LNG) facilities. The world is wrecking the climate and food supply systems at a breakneck pace.

Growth

Growth.

And it became ever clearer that economic growth doesn't automatically translate into social growth or human growth.

Austere Growth?

Demographic growth

Spike growth

Growth rate ( )

GDP growth

Annual growth

producing growth.

This implies, in particular, very elaborate growth techniques and optimized growth conditions.

This structure contrasts with the pre 1980 business cycle, which rested on wage growth tied to productivity growth and full employment. Wage growth, rather than borrowing and financial booms, fuelled demand growth.

Growth was negative.

First, population growth.

Second, economic growth.

That's called growth.

China s Growth Secret

Inspiring Economic Growth

Mexico s Growth Problem

China s Growth Challenge

Missing Growth Multipliers

Making Growth Green

India s Growth Crossroads

Safeguarding Asia s Growth

Diet and Growth

Nutrition for Growth

GROWTH with accountability

Population growth (annual ) ____________

Total growth rate

(Growth per annum)

(f) Population growth

Projected population growth

Low growth scenario