World Economy

A new economic and social order is being born. We have to make it an egalitarian one Gerry Hassan Sunday National, May 24th 2020 The economic tsunami engulfing the world is like nothing experienced in our lifetimes. The scale of damage and numbers affected are almost impossible to comprehend; as is the impact on our individual and collective livelihoods, and the future of the global economy, UK and Scotland. The UK economy could contract by a staggering 35% of GDP in the second quarter of this year. Already 2.1 million people are unemployed - the highest rate in 24 years.

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The Phoney War in British and Scottish Politics Will End Soon Gerry Hassan Sunday Mail, January 10th 2016 The big news this week wasn’t the Corbyn re-shuffle of people no one had heard of. Nor was it Cameron’s retreat on the Euro referendum over Cabinet collective responsibility. And it certainly wasn’t Donald Trump threatening to pull future investments from Scotland. Nor was it the hostile words between Saudi Arabia and Iran or continued anxieties about terrorism. Instead, it was instability in the world economy, Chinese economic wobbles, their currency devaluing again and stock market falling by 7%, contributing to a

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Fear of a Red Planet: The World in 2050 Today! Gerry Hassan The Scotsman, January 8th 2011 The future is going to work out fine. Beyond the crash, uncertainties and ‘unknown unknowns’. We have it from no less an authority than HSBC and their ‘The World in 2050’. It is going to be alright for the world, for the West and Britain, which is despite all the problems and competition still going to be a Top Nation in 2050! Forty years on world economic output will have tripled, food and water scarcity will be avoided and Malthusian predictions proved wrong

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