Take finally the number of Nobel prizes awarded, which reward the highest achievements in science, literature and peace. Here again, emerging markets seem to be growing in importance. Back in the 1980s, 24 nationals from emerging market countries were awarded a Nobel prize. Within only six years of the new millennium, this figure is already almost as high (22).
Adverse developments in business investment during the crisis, with a reduction of 34% between 2008 and 2013, contributed to capital shortages. It is therefore vital to increase investment and take advantage of that recovery to learn from past mistakes, scrutinising investment projects in a far more demanding way. The infrastructure and support services are available, the investment in the non-tradable sector has been made.