Daily Archives: January 4, 2013

A great advantage of predictions is usually that only the author remembers them and then can portentously pull from the hat the one or two which challenged conventional thinking and were proved right. The other bold, but flawed, ideas can be discretely forgotten. So with that premium on shock value, here goes … 

Governments’ policies will lag economic reality – this is the easy part of the prediction for the coming year. The more difficult is whether policymakers will be forced to deliver better outcomes for citizens, or be able to delay big decisions as was the case in 2012.