Global Economic Lessons for Oregon
By Taxpayer Foundation of Oregon, 10/08
“In the decade before 2005, American consumers were the growth engine for the world economy, accounting for more than half of global consumer spending. The balance of power is now shifting.”
– Dave Have, Wall Street Journal
The world is changing economically very quickly and Oregon can learn many lessons. We have unexpected nations experiencing blossoming growth and we have leading industrialized nations stagnating. For each nation there are important policy and taxation experiments that our State can benefit from. Below is a nation-by-nation example of some of the world’s most significant economic changes.