City of London Oli Scarff/Getty Images

تحديد حوافز الاستثمار الثابت

لندن - في شباط / فبراير، لاحظتُ أن الاقتصاد العالمي في نهاية عام 2016 كان في وضع متقلب أقوى مما كان يتوقعه معظم الناس، نظرا للاضطرابات السياسية التي شهدتها الأشهر ال 12 الماضية والزخم التصاعدي الذي تم نقله إلى الربع الأول من عام 2017.  ووفقا لأحدث مؤشرات "التنبؤ المنخفض"، فإن نمو الناتج المحلي الإجمالي العالمي يتجاوز 4٪ - ربما أقوى أداء شهده منذ الأزمة المالية لعام 2008.

ومع ذلك، فإن بعض المراقبين - وليس فقط المتشائمين باستمرار - قالوا إن الأدلة لا تزال سردية، وأنه من المستحيل التنبؤ بالمدة التي ستستغرقها الفترة الاقتصادية الحالية. في الواقع، كانت هناك فترات أخرى في مرحلة الانتعاش الطويلة التي أعقبت عام 2008 عندما عاد النمو، فقط ليتغير بسرعة، ويصبح بطيئا مرة أخرى.

ولتعزيز النمو الاقتصادي على المدى الطويل، يجب أن يزيد الاستثمار في الأعمال التجارية. للأسف، فالقول أهون من الفعل. وفي الاقتصادات الغربية على وجه الخصوص، فإن الاستثمار الثابت غير السكني هو بالضبط العامل الذي كان مفقودا في دورات التسارع السابقة القصيرة الأجل.

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