I have a strong sense that confidence in the economy may be at its highest level for many years. Economic prospects However, the economic scenario is now turning. The economy is now slowing down. This is largely due to the sharp erosion in our market access exacerbated by poor performances in key sectors such as sugar and gold.
Even in middle-income countries, capital stocks are typically less than a third of those in the United States, on a per capita basis. 7 It would make sense to pay radically higher rates to attract more investment, which would then raise the productivity of labour.