Is China’s economy facing Japanification? As China’s economy sputters, investors are asking whether the country could repeat Japan’s experience in the 1990s. Goldman Sachs Research finds that even though there are some key similarities between the two situations, China’s “Japanification” is far from certain. While deteriorating demographics, a debt overhang, and an asset-bubble-burst were all important ingredients to Japan’s malaise at the turn of the century, a key...

India’s affluent population is likely to hit 100 million by 2027 India’s real GDP is expected to grow at more than 6% every year between 2023 and 2028, according to Goldman Sachs Research. In tandem, the wealth of affluent Indians is rapidly growing as well. By 2027, according to a report titled “The rise of ‘Affluent India’” by Goldman Sachs Research, this cohort of affluent consumers will increase...

How to help boost the UK economy with a boom in high-productivity businesses The UK’s 5.5 million small- and medium-size enterprises (SMEs) could be an answer to revving up the UK economy and reversing more than a decade of stalled productivity. A survey of UK small business owners who participated in the Goldman Sachs 10,000 Small Businesses (10KSB) program helps to lay out their views and asks on government policies,...