Oliver Cornock: ALL BLOG POSTS
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the globe. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world.
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for, on average, 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic diversification and resilience, particularly in countries vulnerable to commodity price fluctuations.
On Wednesday's (29/05/2019) BBC News Briefing, Oxford Business Group's Editor-In-Chief, Oliver Cornock, shares his thoughts on the news making the headlines around the world.
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Economy