Explore the decline in business dynamism in Europe and its implications for the economy. Discover the significant economic impact of agritourism in Oregon's Willamette Valley. Learn about Utah's economic slowdown due to a decline in migration. Dive into India's rise as a manufacturing powerhouse and its potential to challenge China's dominance.
Sources:
https://cepr.org/voxeu/columns/declining-business-dynamism-europe-role-shocks-market-power-and-responsiveness
https://ktvz.com/news/business/2024/03/22/new-osu-study-values-economic-impact-of-willamette-valley-agritourism-at-nearly-1-billion/
https://kslnewsradio.com/2090058/fewer-people-moving-to-utah-means-slower-economic-growth/
https://www.scmp.com/week-asia/economics/article/3256423/india-comes-chinas-manufacturing-crown-supply-chains-slowly-shift
Outline:
(00:00:00) Introduction
(00:00:46) Declining business dynamism in Europe: The role of shocks, market power, and responsiveness
(00:04:47) New OSU study values economic impact of Willamette Valley agritourism at nearly $1 billion
(00:07:29) Fewer people moving to Utah means slower economic growth
(00:09:33) India comes for China’s manufacturing crown as supply chains slowly shift
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